The Shrinking American Car Fleet

From – Green Inc. Blog – NYTimes The Shrinking American Car Fleet

“The auto fleet in the United States shrank by an estimated 2 percent in 2009, as 14 million cars were scrapped and only 10 million new cars were sold, according to a new report by the Earth Policy Institute, an environmental research organization in Washington.”

More evidence that the market is now saturated, the sector is mature, and even in decline. The key indicator will be when we see a year with more roads removed (or gravelized) than built or paved.