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Auto Makers' New Reality: Cars Aren't a Must for Kids

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According to a 2011 study from the University of Michigan, less than one third of 16 year old teenagers in the U.S. had a drivers license in 2008. This is a sharp decline from about half in 1983. For 18 year old teenagers about 80% had a drivers license in 1983, only about 66% have a license today. Many of today's teenagers live at home and are moving to large cities where they prefer to use mass transit. Economic difficulties are also larger in today's environment.

Marketing to young people in the automobile industry

01/10/2012

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Auto Makers' New Reality: Cars Aren't a Must for Kids

Wall Street Journal 01/10/2012

To Draw Reluctant Young Buyers, G.M. Turns to MTV

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Car Makers Help Drive Economic Recovery

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October U.S. Auto Sales Climbed 7.5%

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Americans Embrace SUVs Again

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U.S. Auto Sales Finish Year Strong

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