Category: Millennials

By on December 24, 2020

 

Camper Vans

Camper vans, ubiquitous homes on wheels for digital nomads, were up 125 percent in total shipments in November, according to the RV Industry Association. This was part of total RV shipments that finished the month with 42,513 units, a 43.4 percent increase over the 29,644 units shipped in November of last year.

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By on November 30, 2020

 

Millennials. Image: Fractal Pictures/Shutterstock.com

Forget all you’ve heard about Millennials (24-39 years old) and their disdain for automobiles. COVID-19 has changed that, as 31 percent of those without a car intend to buy one in the next six months, and 45 percent of them are Millennials.

EY, a global leader in assurance, tax, strategy, and consulting services, and a member of Ernst & Young Global Limited, issued their 2020 EY Mobility Consumer Index, surveying over 3,300 consumers across nine countries. Thirty-one percent of the respondents who don’t own a car plan to buy one in the next six months, while 20 percent that already own a car say they would be open to buying another vehicle. Both groups said that one of their principal reasons to purchase is the pandemic.

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