Helped by improved quality, Americans are keeping their vehicles longer, notes Grumpy Editor.
Average vehicle age, rising steadily over the past 15 years, now is a little over 12 years, finds IHS Markit Ltd., an American-British information provider based in London.
The trend to a longer age accelerated during the pandemic.
Twenty years ago it was common for a car to change hands once or twice over its 100,000-mile run, says Todd Campau of HIS Markit. That compares with today’s cars with multiple owners lasting 200,000 miles or more, he adds.
IN CASE YOUR FAVORITE NEWS OUTLETS MISSED THESE…
U.S. FIGHTER JETS FLY COMBAT MISSIONS FROM BRITISH CARRIER. Not getting much mention in media: U.S. Marine Corps fighter jets aboard a British aircraft carrier Fly Combat Missions over the Middle East last week. It marks the first time U.S. warplanes went into combat from a foreign warship since World War II.
POSTAL SERVICE HONORS BASEBALL CATCHER YOGI BERRA. The U.S. Postal Service issues a 55-cent stamp honoring the late baseball Hall of Fame New York Yankees Catcher Yogi Berra.
PETS JOIN MASTERS AT WORK. Businesses between June 21 and 25 saw many pets brought to work, marking “Take Your Pet to Work Week.” Experts say pets are great stress reducers and help both owners and coworkers feel more relaxed.
CHICAGO TRIBUNE STAFFERS TAKE BUYOUTS. Almost 40 Chicago Tribune journalists are taking buyouts and leaving the paper. The action follows hedge fund Alden Global Capital’s acquisition of Tribune Publishing, owner of the Tribune and other publications, for $633 million.
MOSCOW HEAT BREAKS JUNE RECORD. Extreme heat makes its way to Moscow where the temperature breaks an all-time June record, reaching 94.6 degrees Fahrenheit. Previous record: 94.46 degrees Fahrenheit recorded in 1901.
POLICE RESCUE MISSING GOLDEN RETRIEVER. A golden retriever, missing for 16 days, is reunited with its owners following a water rescue in a New Jersey bay conducted by the New Jersey State Police.
RESTAURANT PATRON LEAVES $16,000 TIP. A Londonberry, New Hampshire, restaurant patron tacks on a $16,000 tip to his $37.93 tab for two chili dogs, pickle chips and some drinks.
U.S. SCRAMBLES JETS WITH RUSSIAN SHIPS NEAR HAWAII. Russian naval vessels, including those with combat aircraft, pass between 23 and 34 miles of the Hawaiian Islands at one point during exercises in the region last week. It prompts scrambling of U.S. combat aircraft --- F-22 Raptor stealth fighters.
