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U.S. Vehicle Fleet May Reach 234 Million by 2008

LCT Staff
Posted on December 1, 2004

The number of cars and light trucks in use in the United States is expected to grow more than 7 percent to a record 234.4 million by mid-2008, predicts R.L. Polk & Co.

Over that period, Polk expects the light-truck population, currently accounting for about 40 percent of all vehicles, to grow by at least 13 percent. The car population is expected to decline by almost 9 percent.

There are two contributing factors: Trucks have been outselling cars, and trucks tend to last longer than cars. By 2008, this trend will shift the country's car/truck ratio from 60/40 percent to about 55/45 percent.

LCT Staff LCT Staff
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