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Why Don't Young Americans Buy Cars?
The Atlantic ^ | Mar 25 2012, 9:00 AM ET | By Jordan Weissmann

Posted on 03/27/2012 7:47:55 PM PDT by DeaconBenjamin

Kids these days. They don't get married. They don't buy homes. And, much to the dismay of the world's auto makers, they apparently don't feel a deep and abiding urge to own a car.

This week, the New York Times pulled back the curtain on General Motors' recent, slightly bewildered efforts to connect with the Millennials -- that giant generational cohort born in the 1980s and 1990s whose growing consumer power is reshaping the way corporate America markets its wares. Unfortunately for car companies, today's teens and twenty-somethings don't seem all that interested in buying a set of wheels. They're not even particularly keen on driving.

The Times notes that less than half of potential drivers age 19 or younger had a license in 2008, down from nearly two-thirds in 1998. The fraction of 20-to-24-year-olds with a license has also dropped. And according to CNW research, adults between the ages of 21 and 34 buy just 27 percent of all new vehicles sold in America, a far cry from the peak of 38 percent in 1985.

At a major conference last year, Toyota USA President Jim Lentz offered up a fairly doleful summary of the industry's challenge.

"We have to face the growing reality that today young people don't seem to be as interested in cars as previous generations," Lentz said. "Many young people care more about buying the latest smart phone or gaming console than getting their driver's license." The billion-dollar question for automakers is whether this shift is truly permanent, the result of a baked-in attitude shift among Millennials that will last well into adulthood, or the product of an economy that's been particularly brutal on the young.

(Excerpt) Read more at theatlantic.com ...


TOPICS: Business/Economy; Culture/Society
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To: Smokin' Joe
My Grandfather on his first car, home built from parts.

Photobucket

Yes, it's a "T".

121 posted on 03/27/2012 9:56:09 PM PDT by Dust in the Wind (U S Troops Rock)
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To: Pelham
"And too sensible to be picked up by the automakers."

I suggested same while employed there (idea rejected) and have now gone virtual Galt.

122 posted on 03/27/2012 9:57:36 PM PDT by Paladin2
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To: Paladin2

If I was calling the shots at a vehicle engine design lab I would put them to work building a three cylinder two stroke direct injected valveless diesel with one massive multi stage turbo and turbine compounding.


123 posted on 03/27/2012 9:57:47 PM PDT by mamelukesabre
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To: mamelukesabre

Talk to SAAB. They have spent the most time “there”.


124 posted on 03/27/2012 10:00:03 PM PDT by Paladin2
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To: mamelukesabre

There are boost pressure limits in practical terms though. Even heavy duty diesel connecting rods have limits to how much force you can transmit through them. Horsepower is torque at a given RPM.

The problem is how much torque can you safely apply with a motor reasonably weighted for a road going personal vehicle. I love my pickup, but I love light & nimble cars as well (actually, my Titan is quite nimble in a straight line, thanks to a 32V V8 motor :)). The only way to obtain horsepower in lightweight engines is to spin them skyword on the RPM scale.

And due to tightening fuel mileage requirements from gub’ment, V6, I6, and V8 diesels with higher RPM capabilities is pretty much the future of diesel.

However, I really think Diesel tech will eventually be supplanted from passenger cars to heavy trucks, by spark ignition engines in the end. More tuneable parameters (spark advance, fuel events, turbo pressure, etc.), and less rotating mass for same power output, and no emissions filters required for soot & NO2. With the advent of GDI, gasoline engines can be built to be just as efficient as diesels, and be able to pull the same heavy loads. Diesel is already begrudgingly produced by the distillers —— they could easily turn that diesel into gasoline. With engine technology bringing gasoline big gains in efficiency, I really think the diesel’s days are numbered. Just too expensive & too heavy.

Even worse, a diesel always wastes some fuel, unburned. That’s the soot... it just builds and builds in the exhaust system and some sort of filter has to either remove it, or it collects and it eventually clogs the system or catches fire. Even with the current crop of multi-event piezo injectors, soot is still a major problem in the end.


125 posted on 03/27/2012 10:27:07 PM PDT by Aqua225 (Realist)
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To: Pelham

“Close to what I’ve been watching for. Subaru and Audi come close, but I don’t know that they have manual transmissions anymore. Turbo diesel is the way to go.

VW and Audi, and BMW sell turbo-diesel with manual.

Just over $20,000 for VW Golf or Jetta with manual, about $25,000 loaded, automatic, sunroof, satellite radio.

Why the “America Too Big to Fail Three” don’t offer us diesel is simple: No imagination, no risks.

VW’s objective is to top GM and Toyota, and become the number one automaker in the world.

They are making their Passat at their new factory in
Chattanooga, Tenn. It comes in turbo-diesel, too. Full sized sedan by current standards.


126 posted on 03/27/2012 10:54:23 PM PDT by truth_seeker
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To: Josh Painter
No job, no money, no car buying.

Not even Priuses?

127 posted on 03/27/2012 11:15:50 PM PDT by cynwoody
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To: Paladin2
Wow, a flow stand would have been real high tech for us.

We thought we had arrived when we got our hands on a timing light and a dwell meter... Most had an extra condenser and set of points in the glove box, and an ignition wrench, a feeler gauge and a screwdriver could get you going.

Real performance required 'talent', some money, and the willingness to experiment.

For most of us, at first, so long as it got to highway speed, didn't wake the folks up if you came in late (as if they weren't awake anyway), and didn't burn more oil than gas, that first car was a big step toward self-sufficiency and maturity.

It wasn't until later we discovered going fast...

128 posted on 03/27/2012 11:52:57 PM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: Aqua225

Fewer cylinders per displacement quantity and fewer RPMs equals greater efficiency. A 5 liter 6 cylinder is more efficient than a 5 liter 12 cylinder with equal power outputs and equal RPMs. A ten liter engine operating at 1500RPMs is more efficient than a 5 liter operating at 3000RPMs with equal power outputs.

The bigger motor with less RPMs also lasts longer...assuming equal level of manufacturing, materials, and design quality.


129 posted on 03/27/2012 11:54:25 PM PDT by mamelukesabre
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To: truth_seeker

The jetta is a helluva car for the money and long lasting too. They’ve come a long way in the last 25 years in terms of bang for the buck and durability.


130 posted on 03/28/2012 12:01:48 AM PDT by mamelukesabre
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To: The Antiyuppie
And, there are no “good, cheap” cars anymore...

Watch local want ads. Some of the best vehicles we have had were from estates (parent died, 'kids' (middle aged) didn't need another vehicle and often sell older but little-used vehicles at bargain prices. (Think a 1998 with 35,000 miles on it). The money you save can go in the gas tank. Often, these were garaged and meticulously serviced, often by dealer mechanics.

Used (off-lease and former rental) vehicles have usually been well maintained if not always well driven. Local, non-franchise rental agencies can offer some deals, especially near the end of the year when they cull the fleet for tax purposes.

Bargains can be had there as well, and then there are State and Municipal impound auctions, although these may involve more risk of getting a lemon.

There are still bargains out there, but you aren't likely to find them on a dealer lot.

131 posted on 03/28/2012 12:09:58 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: Dust in the Wind

That’s a beauty! ‘Jitneys’ and ‘jalopies’ used to be common, but nowadays there’d be a collective fit thrown over one anywhere but a museum or a parade.


132 posted on 03/28/2012 12:14:12 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: DeaconBenjamin

The generation was force-fed that oil and CO2 emissions are evil, to the point that this has become the religion of many of them. And it is asked why kids aren’t buying cars? The communist brainwashing is finally taking hold Cars are considered evil. Oil users are raping Mother Earth.

Get with the program. The commie’s war against cars is finally starting to take hold.


133 posted on 03/28/2012 12:26:09 AM PDT by Freedom_Is_Not_Free (REPEAL OBAMACARE. Nothing else matters.)
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To: smokingfrog
I passed along two older cars, both approx. ten years old at the time, to younger members of the family. In one case, the Dad of the one young man picked up the repair bill which was a thousand dollars. There was a minimal charge at AAA to change over the ownership. The quality of the vehicle was 'poor' so there was no state tax involved. The young man and his Dad brought it back to good condition, which would have been a prohibitive cost for me.
134 posted on 03/28/2012 1:22:14 AM PDT by Ciexyz
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To: mamelukesabre

OUCH..THAT HURTS...lol


135 posted on 03/28/2012 1:25:30 AM PDT by OL Hickory (Jesus and the American soldier-1 died for your soul/1 died for your freedom)
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To: Netizen

“They share apartments to share the cost. They live close to work and either ride a bike or walk.”

Geez—I did that in the 70’s. What goes around must come around.


136 posted on 03/28/2012 4:55:12 AM PDT by freeangel ( (free speech is only good until someone else doesn't like it)
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To: DeaconBenjamin

When a used truck costs $27K, you won’t see many younger people buying them.

And if you don’t have a job, you can’t afford a car.


137 posted on 03/28/2012 5:22:34 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: BobL

Bob, do you know the percent of non-government workers in the USA that are actually belong to a union?


138 posted on 03/28/2012 5:29:46 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: Paladin2

My teens don’t particularly care to drive, and frankly, insurance is just too much when they don’t have jobs.


139 posted on 03/28/2012 5:30:21 AM PDT by Marie Antoinette (Newt Gingrich 2012 - The Man With a Plan)
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To: Grams A

20,000 grand adjusted for inflation is 136,000 dollars (2012)


140 posted on 03/28/2012 5:37:44 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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