Millennials Spurn Driver’s Licenses, Study Finds

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January 16th, 2016

USATODAY: Young adults are ditching driver’s licenses at a quickening pace, according to a new study, raising a red flag for automakers as they grapple with the emergence of ride-sharing services and an indifferent attitude about cars.

Just over three in four people ages 20 to 24 in 2014 possessed a driver’s license, according to the report released Tuesday by the University of Michigan’s Transportation Research Institute.

The exact figure — 76.7% — represented a sharp decline from 79.7% in 2011, 82% in 2008 and 91.8% in 1983, according to the report by Michael Sivak and Brandon Schoettle.

Quite simply, cars are becoming less important or less accessible to Millennials.