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Lyft’s co-founder has a bold prediction: most Millennials won’t own a car in five years.

Jul 08 2015

Lyft’s co-founder has a bold prediction: most Millennials won’t own a car in five years. The car-sharing entrepreneur recently told Mashable, “You could actually start seeing the majority…saying there’s no reason I should get a car.” He went on to say that while cars were once signs of freedom, they are now viewed as an expensive “ball and chain.” Younger consumers are less likely to get licenses and buy cars than previous generations, which has helped to spur the popularity of companies like Lyft and Uber. (Huffington PostMashable)