Gen Y Now Buying More Cars than Gen Xers

While a number of recent studies have suggested that Millennials would prefer to text rather than drive, but Gen Y now is generating a larger share of U.S. new vehicle sales than older Gen Xers, according to J.D. Power and Associates. But both groups still lag well behind Baby Boomers: the largest group of car buyers in the U.S., according to TheDetroitBureau.com.