Millennials Really Do Intend to Buy Cars. Thank the Pandemic.

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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No Fixed Abode: Whatcha Gonna Do When They Don't Come For You?

Might as well admit it: I have an unhealthy fascination with the service known as car2go. It’s just so… improbable. I’m pretty sure it began as a way to dump some Smart “ForTwo” inventory into service so the Daimler-Benz lines could keep operating at something like capacity. Since its inception, the service has been in near-constant flux: adding and removing services, changing the fees in predictable and unpredictable ways, suffering service outages, and generally perplexing its customer base, of which I am a devoted and unusually enthusiastic member.

car2go‘s newest change, communicated to me via email yesterday, concerns a significant reduction in their service area. After confirming that my usual lunch runs remain possible, I thought no more about it.

For a while, anyway.

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  • ToolGuy TG grows skeptical about his government protecting him from bad decisions.
  • Calrson Fan Jeff - Agree with what you said. I think currently an EV pick-up could work in a commercial/fleet application. As someone on this site stated, w/current tech. battery vehicles just do not scale well. EBFlex - No one wanted to hate the Cyber Truck more than me but I can't ignore all the new technology and innovative thinking that went into it. There is a lot I like about it. GM, Ford & Ram should incorporate some it's design cues into their ICE trucks.
  • Michael S6 Very confusing if the move is permanent or temporary.
  • Jrhurren Worked in Detroit 18 years, live 20 minutes away. Ren Cen is a gem, but a very terrible design inside. I’m surprised GM stuck it out as long as they did there.
  • Carson D I thought that this was going to be a comparison of BFGoodrich's different truck tires.