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Motor Vehicle Registrations 2008-2012

by Diminished Value Car Appraiser on May 23, 2014

Motor Vehicle Registrations 2008-2012Motor-Vehicle-Registrations

There are more new vehicles, and more older vehicles, on the road.

Do you know where to find the parts you’ll need for vehicles of all ages?

The number of motor vehicles registered for use in the United States has risen again. After declining in 2009 and 2010, the number rose in 2011 and in 2012. According to the most recent Highway Statistics released by the Federal Highway Administration, the number in 2012 stood at 24502 million.

Industry observers expect that number to keep growing. When reporting findings from Experian Automotive’s Vehicles in Operation (VIO) market analysis last November, Marty Miller, senior manager for Experian Automotive, said, “During the recession, new vehicle sales dropped, causing challenges for after-market companies. However, the recent uptick in new vehicle sales, combined with more aging vehicles on the road, means these challenges will only be in the short term. As these new vehicles begin to age and enter the prime aftermarket repair years, growth opportunities will rebound”

 

Motor Vehicle Registrations        
Type of Motor Vehicle 2012 2011 2010 2009 2008
Automobiles 111,289,906 125,656,528 130,892,240 134,879,600 137,079,843
Trucks 133,130,032 118,455,587 110,322,254 110,561,293 110,241,587
Buses 764,509 666,064 846,051 841,993 843,308
All Motor Vehicles 245,184,447 244,778,179 242,060,545 246,282,886 248,164,738
NOTE: “Trucks” includes sport utilities, pickups, vans, and    
other types of trucks and truck-tractors.        
           
Source: Highway Statistics          

 

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