1. Car Ownership

Click below to explore the motivators behind global consumers auto ownership decision making

Globally, 45% of consumers own a car and are happy with the one they have.

Most consumers without a car who don’t want or need one don’t have a driver’s license or can’t afford the cost of ownership.

Just under half of those who want a car, but don’t have one, say they can’t afford it.

Most global car owners have one car, however, families with children are most likely to own two or more in the household.

Ability to meet household expenses was not a driver to own more than one vehicle. Despite financial comfort, roughly 30% of global consumers own more than one car.