The automotive industry is not very happy with Millennials and Gen Z.
It seems that in comparison to the Baby Boomers and Gen X, the latest up-and-coming generations are less car crazed and thus creating great difficulties and consternation for those that are making automobiles.
Purchases of cars by the younger set are dropping precipitously. Survey after survey shows that the latest generations don’t put car ownership particularly high on their list of things to do.
Perhaps worse too is that those potential drivers aren’t even pursuing getting driver’s licenses as earnestly as prior generations, meaning that the pipeline of drivers that would want to buy a car is not flowing in the same guaranteed manner as in the past.