Hesitant US consumers keeping cars for record 12.6 years
DETROIT, Michigan: The average age of American cars has reached a record 12.6 years due to the high price of new cars, according to industry observers. The information was released this week by S&P Global Mobility, a company which compiles data throughout the United States regarding vehicle registrations. The company also said that the age of autos increased by two months over last year's record number.
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