4. CarsAs recently as 1998, 64.4% of potential drivers ages 19 and younger had drivers licenses, according to the Federal Highway Administration. As of 2008, that amount had dropped to 46.3%. Additionally, 46% of drivers aged 18 to 24 report that they would choose Internet access over owning a car, according to research firm Gartner. People are also waiting longer to get their licenses. According to the University of Michigan’s Transportation Research Institute, in 1983 one-third of all licensed drivers in U.S. were under 30. Today, only 22% of drivers are under 30. Companies such as General Motors (NYSE: GM) have reached out to more youth-oriented advertising companies, such as MTV Scratch, to address this widening gap in their sales.
4. Cars As recently as 1998, 64.4% of potential drivers ages 19 and younger had drivers licenses, according to the Federal Highway Administration. As of 2008, that amount had dropped to 46.3%. Additionally, 46% of drivers aged 18 to 24 report that they would choose Internet access over owning a car, according to research firm Gartner. People are also waiting longer to get their licenses. According to the University of Michigan’s Transportation Research Institute, in 1983 one-third of all licensed drivers in U.S. were under 30. Today, only 22% of drivers are under 30. Companies such as General Motors (NYSE: GM) have reached out to more youth-oriented advertising companies, such as MTV Scratch, to address this widening gap in their sales.
Photo: Sean Connery as James Bond, leaning on his Aston-Martin DB5 in 1964's Goldfinger
Consumer tastes are changing at a greater rate than ever before. Not surprisingly, the purchasing habits of the youngest generation present the most dramatic shifts — a reflection of what they find important. 24/7 Wall St. has identified eight popular products Generation Y simply is not buying.
On this inaugural episode of Football 301, Yahoo Sports NFL analysts Nate Tice, Matt Harmon & Charles McDonald look ahead to the 2024 season and try to predict which teams will finish in the top ten of DVOA rankings by the end of the year.
In a pair of deals before the MLB trade deadline, the Phillies and Orioles swapped big leaguers, and the Boston Red Sox acquired pitcher James Paxton from the Dodgers.
Our Frank Schwab counts down his NFL power rankings, grades each team's offseason, solicits fantasy football advice and previews what the 2024 season might have in store for each team.
This year's Men's and Women's Beach Volleyball tournament at the 2024 Paris Olympics takes place at Eiffel Tower Stadium, built specifically for this event in the shadow of the Eiffel Tower.