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

  • 28-Cars-Later: You’re welcome, I’m happy there are still people who sometimes may have different views...
  • Old_WRX: slavuta, Speaking of own truth, maybe you can decipher this article for me. I can’t figure what...
  • 28-Cars-Later: Simply proves yet again, money cannot buy taste. “It’s a playful people hauler, though a bit...
  • Inside Looking Out: This and 1959 Pontiac Bonneville.
  • 4onthefloor: You meant to say that 83 corvette pace car I bought is a fake? Say it isn’t so! :)

New Car Research

Get a Free Dealer Quote

Who We Are

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