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The average age of the US passenger fleet has ticked up to a new record of 11.5 years. There are more vehicles in operation than ever before, too.


The auto industry is expected to continue its roll in 2015, and 88.6 million vehicles are expected to be sold this year, according to research by IHS Automotive.


'Generation N' Will Sap Long-Term Demand

The industry is on pace to sell more than 16 million cars this year ... but don't break out the party hats and champagne just yet.


According to research conducted by global information company IHS Automotive, the leporine birthing of new models by luxury manufacturers over the past six years hasn't increased their market share in the US. Even as car sales reached 15.6 million units, IHS says what's happened instead is that luxury buyers are merely moving from one brand to another, moving from larger luxury vehicles into hot segments like compact luxury crossovers or leaving the market at the same rate as other buyers enter.


Well, fellow humans, we're going to obsolete soon. A new study by IHS Automotive claims that by 2025, a mere 11 years from now, there will be 230,000 self-driving cars on world's roads. 10 years beyond that, the number will swell to 11.8 million, although only select models will do without any traditional means of human control by 2030. By the middle of the 21st century, nearly every vehicle on the road will be of the autonomous variety.


"200,000 by 2020 from less than 2,000 in 2012." OK, say that three times fast. Electric-vehicle advocates might be practicing that tongue twister to memorize the latest projections by research firm IHS. IHS believes that the number of fast chargers in the world will jump up more than 100 times 2012's level (1,800) by the end of the decade. Already, the number of such stations, which can recharge some EVs to around 80 percent full in as little as a half hour, are estimated to triple this year alo


General Motors isn't talking about how far the 2014 Chevrolet Spark EV can go before it needs a charge, but par for the course for today's electric vehicles i2 around 70-100 miles. GM CEO Dan Akerson today confirmed that the company is working on a 200-mile EV (perhaps a Spark, perhaps not) during a speech at the IHS Ceraweek conference in Houston. According to Bloomberg, he said, GM is "running a dual play" with EV technology to develop both a 100-mile and a 200-mile EV.

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