Why are people less interested in owning cars and are driving less than their parents did? This question is an important issue for the automotive industry. Technology has had an impact here- why drive to meet friends when you can Skype or communicate via Facebook updates instead of driving through congested city streets and then trying to find a parking space? Other factors that impact on the purchase decision to buy a new or used car is the high price of petrol, the trend of young people to live in inner city areas with limited parking spaces and concerns about the environment (Read 2012).
Richard Read, (2012),Young People are driving much less (but not for the Reasons you think), accessed 12 September 2013 at The carconnection, June 18 2012, http://www.thecarconnection.com/news/1077028_young-people-are-driving-much-less-but-not-for-the-reasons-you-think
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