Cape Town - There has been a significant shift in how consumers view cars and millennials simply do not feel the need to own a car the way their parents did, according to Jeff Osborne, head of Gumtree Automotive.
In the United States, driver's licence ownership has dropped by close to 20% over the last ten years. Car-sharing, environmental consciousness about carbon footprints and alternatives have meant that cars are no longer the status symbol that they were twenty or fifty years ago.