Cars of Limited Interest to Younger Americans
America's young people just aren't buying cars like they used to.
The share of new cars purchased by those aged 18-34 dropped 30% in the last five years, according to the car shopping web site Edmunds.com.
Some say the economy is mostly to blame -- that the young aren't buying because they've been particularly hard hit by the recession.
But others say the trend could be part of larger social shifts.
Source: CNN. Read full article. (link)
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Their dads are giving them cars.