Changing vehicle ownership landscape

A report released this month presents some statistics that underline the gradual shift away from car ownership:

  • The share of 19-year-olds with driver’s licenses dropped from 87% in 1983 to about 75% in 2009.
  • The average distance traveled by drivers between the ages of 18 and 34 declined 23% between 2001 and 2009, from 10,300 miles per capita to 7,900 per capita.

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