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Why though? Does your company mandate 10 year old cars too?

The reason is simple, Windows 7 has over 40% market share. It's hard to ignore that.

Cars are physical objects that degrade with use/time.

An operating system will run as good as it did 10 years ago (just not as good as those released 10 years later)

This isn't strictly true, as exploits are found the experience can definitely degrade.