O'Reilly Auto Parts 2002 Annual Report Download - page 3

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2002 Annual Report 1
THERE ARE OVER 216,000,000 VEHICLES
ON THE ROAD TODAY …
AGE OF AUTO FLEET NOW 8.9 YEARS
MILES DRIVEN 2.8 TRILLION
INCREASE IN SUV AND LIGHT TRUCK POPULATION
OVER 216 MILLION VEHICLES REGISTERED
MORE CARS IN PRIME REPAIR AGE
OUR INDUSTRY
X
X
X
X
X
VEHICLES ON THE ROAD
(in millions) MILES DRIVEN
(in billions)
19971997
19981998
19991999
20002000
2001
193193
196196
208208
212212
216
19971997
19981998
19991999
20002000
2001
8.508.50
8.708.70
8.808.80
8.758.75
8.90
19971997
19981998
19991999
20002000
2001
2,5602,560
2,6252,625
2,6912,691
2,7502,750
2,778
AVERAGE AGE OF VEHICLES
ON THE ROAD
(in years)
Consumers are choosing to maintain vehicles
longer to satisfy their driving demands.
Miles driven continue to grow due
to increases in the number of licensed
drivers, vehicles on the road and a
growing popularity for road travel.
The number of vehicles continue to
grow at a steady pace, with an increasing
emphasis on light trucks (SUVs).