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.

(Read More…)

Recent Comments

  • EBFlex: “ But since you brought it up, Real-World Highway Range™ of this vehicle is (13.8-1.5)*33 = 406 miles.” We...
  • EBFlex: “ Anyway, we’ll see how the Maverick shakes out – fully expect trim pieces to fall off and Ford to rebuild...
  • EBFlex: “ BTW the ordering guide says if you are a fleet customer you can option an XL with factory cruise control...
  • EBFlex: That’s it? For a hybrid? How pathetic is that? And it’s still puzzling that Ford flat out refuses to offer...
  • Lou_BC: “Our egos recover easily” Wealthy psychologists would disagree. LOL

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber