Odomoters keep rising, boosting aftermarket
As the age of cars and light trucks continue to rise, vehicle odometer readings continue to climb, driving growth in the aftermarket for internal combustion engine (ICE) vehicles.
According to Lang Marketing’s latest report, “Soaring Odometers Boost ICE Aftermarket,” light vehicles in the U.S. averaged approximately 14,000 more odometer miles in 2023 than they did 10 years earlier.
The average age of a vehicle in the U.S. is 12.6 years. In Canada, the average age is 10.5.
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