Held Back By Lower Incomes, Millennials Postponed Brand-new Car Buying As PriceCost Increase

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Categories: Finance Resources
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Automotive market experts predict that millennials will enter the brand-new automobile market gradually in time, particularly as they startbegin to have families. To this day, their new lorries of choice have been compact crossovers like the Chevrolet Trax, upper left, and Jeep Abandoner, right. Additionally, automakers have responded to millennials’ needs for more consumer electronic devices integration by using systems like CarPlay from Apple, lower left.
Image Courtesy of Fiat Chrysler Vehicles

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