-
Recent Posts
- Bidenomics – Fiscal Policy Increased Car Sales During 2020
- Auto Industry Continues to Rebound from Pandemic Lows
- Suniva, Heliene to Make First U.S. Domestic Content Solar Cells
- Honda Racing has a New UK Formula One Base
- Hyundai 2025 Santa Cruz Debuts in New York
- PEVE to Become Toyota Battery Company
- Home EV Charging More Satisfying Than Public Charging
- Workers File Union Busting Charges Against Mercedes-Benz
- EPA Issues PFAS Test Order with Immediate Effect
- VW Chattanooga UAW Vote Set for April 17-19
- New Dodge Charger, Chrysler 300, Ram ProMaster Recalls
- Bentley CEO Adrian Hallmark Abruptly Leaves
- Toyota to Build New Tokyo Corporate Headquarters
- Chattanooga VW Workers Want UAW Election
- March US Vehicle Sales Up. Record Q1 Consumer Spending!
Recent Comments
- Janet L. Yellen on EPA Celebrates Inflation Reduction Act Anniversary
- Lael Brainard on Auto Industry Continues to Rebound from Pandemic Lows
- United Auto Workers Union on EPA Finalizes Vehicle Pollution Standards for 2027-32
- Sam Fiorani on Bidenomics and the State of the Union
- Gary Wilson on GM Expands Airbag Recalls Over Supplier ARC’s Objections
Archives
Meta
Tag Archives: young people car buying
Economics, Not Disinterest Explains Low Car Sales to Young
Disinterest in new cars by young people is a myth that ignores fundamental economic trends, General Motors Chief Economist Mustafa Mohatarem said at the CAR Management Briefings in Traverse City, Michigan. New car affordability, a crushing student loan debt and higher operating and insurance costs are delaying young people from buying new vehicles. “It’s not a permanent withdraw from the market, it’s more of a delay,” Mohatarem said. Continue reading →
Posted in auto news, economy, sales
|
Tagged autoinformed, autoinformed.com, Center for Automotive Research Management Briefing, gen y, GM, Ken Zino, millennials, young people car buying
|
Leave a comment