This statistic represents the replacement rate for cars in the United States between the model years of 2020 and 2023, by manufacturer. The industry average replacement rate is expected to be 19.6 percent. The replacement rate indicates the volume that is replaced annually with new models as a share of total volume.
U.S. volume weighted average car industry replacement rate between MY 2020 and MY 2023, by car manufacturer
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Merrill Lynch, & Bank of America. (May 10, 2019). U.S. volume weighted average car industry replacement rate between MY 2020 and MY 2023, by car manufacturer [Graph]. In Statista. Retrieved September 27, 2024, from https://www.statista.com/statistics/250351/replacement-rate-for-cars-in-the-us/
Merrill Lynch, und Bank of America. "U.S. volume weighted average car industry replacement rate between MY 2020 and MY 2023, by car manufacturer." Chart. May 10, 2019. Statista. Accessed September 27, 2024. https://www.statista.com/statistics/250351/replacement-rate-for-cars-in-the-us/
Merrill Lynch, Bank of America. (2019). U.S. volume weighted average car industry replacement rate between MY 2020 and MY 2023, by car manufacturer. Statista. Statista Inc.. Accessed: September 27, 2024. https://www.statista.com/statistics/250351/replacement-rate-for-cars-in-the-us/
Merrill Lynch, and Bank of America. "U.S. Volume Weighted Average Car Industry Replacement Rate between My 2020 and My 2023, by Car Manufacturer." Statista, Statista Inc., 10 May 2019, https://www.statista.com/statistics/250351/replacement-rate-for-cars-in-the-us/
Merrill Lynch & Bank of America, U.S. volume weighted average car industry replacement rate between MY 2020 and MY 2023, by car manufacturer Statista, https://www.statista.com/statistics/250351/replacement-rate-for-cars-in-the-us/ (last visited September 27, 2024)
U.S. volume weighted average car industry replacement rate between MY 2020 and MY 2023, by car manufacturer [Graph], Merrill Lynch, & Bank of America, May 10, 2019. [Online]. Available: https://www.statista.com/statistics/250351/replacement-rate-for-cars-in-the-us/