Ride-sharing has long been blamed for a decline in car ownership among Millennials, but services like Uber and Lyft may actually be motivating them to buy cars.

Ride-sharing has long been blamed for a decline in car ownership among Millennials, but services like Uber and Lyft may actually be motivating them to buy cars. A recent Mintel report reveals that roughly 15% of Millennial car buyers plan to drive for a ride-sharing service, compared to 9% of the overall population, reflecting the rise of income-boosting side gigs among the group. A Mintel analyst states that this trend coupled with a recovering economy, is providing the ideal moment for Millennials to buy new cars. (Washington Post)