“After decades of adding more cars to their household fleet while moving further and further out into the suburbs, Americans are waiting longer to get licensed, driving less and increasingly turning to alternatives such as mass transit or car-sharing programs, according to a new study by the U.S. Public Research Interest Group, or PIRG. It’s not just millennials. Overall, the percentages of Americans of driving age who actually were licensed fell to just 86 percent in 2011, a 30-year low. As recently as 1992, the figure stood at 90 percent. Meanwhile, the number of vehicles Americans owned has also begun to tumble.”
http://www.cnbc.com/id/100740140
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