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American Attitudes on Car Ownership Are Changing

2013-08-01 07:47:51| AutomotiveDigest.com - Automotive Industry News

The University of Michigan Transportation Research Institute (UMTRI) just released two studies on where car ownership is headed in the US. One study showed by that the rate of vehicle ownership on a per-person, per-household, and per-licensed driver basis peaked in 2006 prior to the Great Recession. Another UMTRI study found that theres been a significant decline in vehicle miles traveled those numbers peaked in 2004. The studies have found that Gen-Y/Millenials are losing interest in driving. Older drivers also play into it they make up the majority of drivers on American roads and are tending to drive shorter distances. The Article American Attitudes on Car Ownership Are Changing appeared first on Automotive Digest.

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