Tag Archives: millenials

The Driverless Future Isn't Disrupting Industries and Jobs… Yet

car vending machine
John Stuart Mill once said that “[e]very great movement must experience three stages: Ridicule, discussion, adoption”. What matters to modern industry stakeholders isn’t how they approach each of these stages, but how actively they evaluate each “great movement” before it becomes a disruption they can’t overcome. Disruption isn’t some type of sudden event that occurs … Continue reading this entry

Car Industry Focuses on Luring Younger Buyers as Millennials Shift Attitudes on Car Ownership

For years, we have been reading articles about how teen licensing rates are falling (from 88.6 percent in 1996 to 71.2 percent in 2015).  We have also seen much hand wringing about millennials forgoing car ownership in favor of ride sharing.  But, recent data suggests that younger generations are buying cars—they just started later than … Continue reading this entry