I mean, in the steady-state, the United States consumes 16 million automobiles a year: https://www.goodcarbadcar.net/usa-auto-industry-total-sales-figures/ http

I mean, in the steady-state, the United States consumes 16 million automobiles a year: https://www.goodcarbadcar.net/usa-auto-industry-total-sales-figures/ https://www.goodcarbadcar.net/usa-auto-industry-total-sales-... The population only grows ~2 million a year. Cars hit end of life, get wrecked, are destroyed by floods, etc. Also, car rental companies sold their fleets into the market after new car manufacturers slashed production, so fewer new cars were going out the door.