Despite increased light-truck scrappage, the median age of cars and trucks on U.S. roads continues to rise, due in part to the sharp downturn in new-vehicle 2007 and 2008 sales as more consumers lost their jobs and homes and credit availability evaporated. R.L. Polk & Co. says the median age of cars registered to operate in the U.S. jumped to a record 9.4 years for the 12-month period ended June 30, 2008. Figures show median age increasing to 7.5 years for light trucks and to 7.6 years ...
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