Studies Conclude Car Ownership Is On The Decline

Reports from two different, respected institutions have been making waves in the automotive world for coming to the same conclusion; America, and the world, are past the point of automotive saturation, and rather than seeing sales expand, in a few short decades the auto industry could experience a massive contraction to the tune of tens of millions of units.

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Average American Car Is Over 11 Years Old

We are living in a golden age of automobiles, with car makers across the globe churning out some of the best vehicles ever built. I know that’s a bold statement, but the proof is all around us, with electric vehicles, high-tech hybrids, and fuel-sipping conventional cars selling in spades. But the most convincing argument is the ever-increasing age of the average American car.

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Electric And Hybrid Car Sales Continue To Climb In 2013

With more hybrid cars on the market than ever, it should come as no surprise that sales of hybrid vehicles continue to grow month after month. 2013 could prove to be a watershed year for hybrid cars though, with sales of both pure electric and hybrid vehicles putting on strong showings in an increasingly competitive car market.

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Is The First World Hitting Peak Car?

When historians look back on this moment in history, will they see a turning point? It is possible, as new studies seem to confirm what many people have already assumed; the developing world has hit peak car saturation. Since the massive economic meltdown of 2007-08, car sales have shrunk, and continue to shrink, not just in the U.S. but also in Europe. But don’t celebrate yet.

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Study: Turbocharged Car Sales To Triple By 2017

Turbochargers have long been employed by the auto industry to downsize engines while increasing performance. But it has only been the past few years that turbocharged vehicles have become commonplace in cars across the spectrum of models and brands. A new study by turbomaker Honeywell predicts that by 2017, turbocharged light vehicle sales will have tripled. Sounds about right.

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