(RICHMOND HILL, ON) – Data relating to survival rates, the per cent of vehicles on the road after specific periods of time, can offer interesting perspectives on the industry and the vehicle parc.
On the surface, overall survival rates have increased in recent years as manufacturers place more emphasis on quality. At a more granular level, however, the study of these survival rates offers insight into the types of vehicles that last longer and why that might happen.
In this month’s Observations, the historical and current survival rates are compared to answer questions relating to the types of vehicles which last longer and what it means for the industry.
More information can be found in the DesRosiers Automotive Reports published by DesRosiers Automotive Consultants. For more information on these reports, contact Terry Chung at 905-881-0400 x26 or by email.