Sunday, November 14, 2010

Generation Ys future of Automobiles

Facts are facts and the technology given to Generation Y has defiantly caused automobile consumption to decline. Accounting for around 80 million people, Generation Y controls a very large portion of the automobile market. "This generation is more focused on buying computers, blackberry’s, and music and software. Some think that it is a big waste to drive around for a couple of hours instead of using PDAs while taking the bus or train."http://www.mnn.com/transportation/cars/blogs/generation-y-says-why-drive-when-you-can-text. People under 30 are less likely to want to own a car, they rather use public transit or car sharing services like zip car. Besides using public transportation younger people are less drawn to owning cars and driving because of technology. Cell phones and social media have created less of a need to drive around because you can communicate with your friends from home. Even when it comes to school, handing in assignments and homework is now a task that can be easily done from home. Economic factors also come into play, high unemployment and economic hardships for parents contributes to the decline in automobile purchases. The only other area that might also face a similar dilemma might be the airlines. People can now live chat, text, and constantly get updates from each other through social media. Some people might use this to put off time before making visits to friends and family in different states. Technology changes everything but somehow we always find a way to adapt.

2 comments:

  1. I know that the article says that car sales are going down because of Generation Y's technology use but in fact car sales have gone up in the past year by 13%. I think the Article is somewhat misleading. I think it is true though that in some cities with exceptionally good transportation Gen Y might rather choose this option. In other cities such as ours where public transportation takes twice as long as driving your own car, I doubt people will be that willing to stop buying cars.

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  2. I have to agree with Luanne. Car purchasing has to do with necessity to drive that car. If I car is the fastest and cheapest way you can get around in your city then a car is what your going to buy. I dont believe you can accuse technology as the reason why generation Y isn't buying cars. The uncertainty of the economy is the reason why our generation isn't buying cars.

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