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Gen Y Might Buy Cars After All

While young buyers have been rare in the automobile market in recent years, there are signs that Millennials are ready to move beyond their smartphones and actually drive. Yes, they are waiting longer to get their drivers licenses. But it’s “not a permanent withdrawal from the market, it’s more of a delay,” contends General Motors Chief Economist Mustafa Mohatarem.

Read the whole story at Detroit Bureau »

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