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R. L. Polk & Co.

Polk: Global Light Vehicle Sales to Decline 15% in 2009

Study shows light vehicle sales will decline to 55.2 million units in 2009, a 15 percent decline from 2008. Additionally, worldwide volumes won't return to pre-crisis levels until 2012 due to worsening economic conditions.

R. L. Polk & Co.: Vehicle Age on the Rise

The median age for passenger cars remains at a record high of 9.2 years for the second year in a row, while the total truck scrappage rate of 4.8 percent is the lowest since 1996.

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