Wednesday, January 06, 2010
2009: Fewer Cars in America
Americans scrapped more automobiles than they bought last year as the ragged economy reduced demand and some major cities expanded mass transit service, according to a new report.
The United States scrapped 14 million autos while buying only 10 million last year, shrinking the country's car and light duty truck fleet to 246 million from a record high of 250 million, according to the report to be released on Wednesday by nonprofit group the Earth Policy Institute (EPI).
Reuters
Here's more on the "Peak Car" phenomenon.
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1 comment:
And still, that was with "Cash For Clunkers"....
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