I found an article on nbcnews.com that I thought was
interesting. It says that the baby boomers shifted their loyalty from American
cars to foreign cars. Better gas mileage and reliability were the driving force
behind this shift. It seems now that the millennials have reversed this shift
in favor of American cars. Data shows that Japanese makers have seen their
share among 18 to 24 years olds decline by 9.8 percent since 2008. It seems
that looks is everything for these young buyers claiming that the American cars
look cooler and are a lot more fun to drive than the foreign competition.
Toyota created Scion, a line of vehicles marketed directly
to the younger buyer. What else can foreign auto makers do to regain the young
car buyer?
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