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 millennial and car ownership


Millennials and car ownership? It's complicated

Los Angeles Times

Millennials have produced plenty of anxiety for automakers. As the stereotype goes, entitled young adults would prefer to hail an Uber, take public transportation or even hitch a ride from Mom instead of driving; an unusually large number of young millennials haven't even bothered to get a driver's license. That's led to fears that the largest generation in the country -- defined as people born between 1980 and 2004 -- has abandoned what used to be one of the biggest rites of passage into adulthood: buying a car. But after much hand-wringing among automakers and industry groups, recent data paint a more nuanced picture of millennials' automobile purchasing habits. They reveal a large, diverse group with complicated views about cars -- ones that are fundamentally different from that of previous generations.