Scrappage rates spiked in the year ended June 30, 2000, while the U.S. vehicle population still increased by 3.79 million units, registration data from the Polk Co. show. At the same time, registration trends, when compared to growth in licensed drivers, suggests that new vehicle sales could begin to rise again in 2001 or 2002. The U.S. vehicle population — including medium- and heavy-duty trucks — hit a new high of 213,299,313 as of June 30, 2000, 1.8% above the prior year's 209,509,161 ...
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