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Polk research: Americans holding onto cars longer than before the recession

Oct. 26, 2012

Average American to buy 9.4 new cars per lifetime, down from 13 before recession.

New analysis by the automotive research firm Polk shows Americans can now expect to buy fewer new cars during their lifetime; Americans now buy 9.4 cars in their lifetimes compared to 13 before the recession, according to CNBC. For the full story, click here.

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