The automotive industry may be in a scramble to secure engineering talent, but what it really seems to need are people who understand the Millennial generation. Every week there’s a new study claiming Millennials aren’t buying cars, or don’t want to drive, or would rather take Ubers everywhere.
While the data is mostly accurate, the responses and interpretations of the study results are way off base. Some automakers seem to think loading a new car with gadgets will automatically sell more of them. Perhaps worse are those that ignore any obvious differences between Millennial and previous generations, choosing to produce the same conservative models year after year.
Fortunately, some brands have invested in diagnosing the needs and wants of this highly connected, diverse segment. Manufacturers who prioritize intuitive, adaptive in-car technologies packaged in affordable, handsome vehicles will own their respective sales classes. Let’s take a look at which makes and models are leading the charge.
- Millennials still buy cars, says Ally Bank — they’re just doing it differently
- Report finds millennials want to use cryptocurrency in their favorite games
- WSU’s system monitors seniors’ activities to help them live independently longer
- AAA finds American drivers becoming less afraid of self-driving cars
- A cousin, not a little brother. How Volvo designed the tiny but mighty XC40