Millennials have not been buying cars. The auto journalists all write stories about how millennials are a problem for auto manufacturers because they “like public transportations” or “chose to live in dense urban environs,” or “don’t get excited about cars like previous generations.”
The truth, it turns out, is/was that millennial can’t afford cars. With a slight uptick in employment prospects and cheaper gas came a rash of car purchases by all groups, millennials included. As good as leftists are at cognitive dissonance, the auto journalists couldn’t bring themselves to write about summer recoveries, and poor millenials at the same time.
Who the heck could ever imagine buying an Apple watch, for example?
Good point. You see all these stories trying to put a happy face on the fact that younger people don’t have stable work environments, don’t get insurance, don’t have other benefits, can’t buy houses, can’t buy cars, can’t buy other big ticket items. And the press spins it as today’s youth not caring about things like that, or being socially conscious. Its a load of BS. The young are poorer due to taxes and regulations pricing things out of their reach.