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An estimated 14 million fewer new cars and light trucks will be sold in the U.S. between 2020 and 2024 than in the previous five years (2015 through 2019), according the latest Lang Aftermarket iReport. between 2020 and 2024 compared to the 17.3 Increasing Average Age In addition to fewer newer cars and light trucks on U.S.
What had already been trending upward prior to the pandemic exploded in 2020, when additional demand from homebound consumers drove retailers to deliver more, faster. It’s no surprise that consumers still value the convenience of online shopping and home delivery of countless products.
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