Plan B Update: U.S. Car Fleet Shrinks by Four Million in 2009

Jan 06, 2010 | by
  • Description

America's century-old love affair with the automobile may be coming to an end. The U.S. fleet has apparently peaked and started to decline. In 2009, the 14 million cars scrapped exceeded the 10 million new cars sold, shrinking the U.S. fleet by 4 million, or nearly 2 percent in one year. While this is widely associated with the recession, it is in fact caused by several converging forces.

Plan B Update: U.S. Car Fleet Shrinks by Four Million in 2009