Good News Michigan – Millennials Are Buying Cars Again
THEY said millennials didn't care about getting their driver's license.
THEY said millennials would rather bum rides off their friends or take Uber.
THEY said millennials wouldn't buy any cars.
Umm, good news, if you have anything to do with the auto industry. (I heard you do.) THEY... were wrong.
Everybody wants to own a car. Good Lord, this is America, right? But six years ago or so, when "the panic" started, unemployment, interest rates and gas prices were all higher.
According to a story from AP, millennials (defined as people between the ages of 21 to 38) last year bought 4 million cars. In California, millennials bought MORE cars than baby boomers.
And then showed them how to unfriend people on Facebook.
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