The past decade has been an interesting one to watch. Post dot-com bust we've been on a wild economic ride. Though it's intriguing to look at the past, it's been pretty terrible to live though if I am honest. It seems as though it was a house of cards, really.
And the latest research seems to bring forward some credible data points that support what I've been saying for a while: the enthusiast is a dwindling minority.
People are falling out of love with their cars.
You don't have to look far to see this etched in reality, either. I bet your kids are more interested in their computers, texting and mobile phones/apps than getting a license and a set of wheels. There's a good reason for this — cars have priced people out of the market, not to mention the macroeconomic environment is arguably not great.
Hell, I hate receiving my insurance bill every six months AND I really dislike filling up my vehicle at the pump and shelling out 50 - 60 bones — mind you that's for a small car.
Then you have to factor in folks are moving into more urban environments with great public transportation and there are other initiatives, like the Citibank New York City bike sharing program or San Francisco's Lyft.
So, what's this all mean for the future of the auto? Will automakers start playing more to the tune of enthusiasts? Will cars start coming down in price to appeal to consumers?
What say you, Spies? We're interested in hearing from YOU.
The waning of the long American love affair with the automobile seems to have begun nine years ago, and appears to be unconnected to the economic downturn, according to a new study by the University of Michigan.
The apparent decline in driving feeds into other important US trends, including a drop in US oil demand and a plunge in greenhouse gas emissions...
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