(PRNewsfoto/Deloitte)
While the long-term trend towards electric vehicles (EVs) continues to solidify, consumer anxiety amid the pandemic may be shifting automotive priorities towards
familiarity and affordability, with
74% of U.S. consumers looking for a traditional internal combustion engine in their next vehicle.
Vehicle payment deferments are also raising some concern across the globe with younger consumers in the U.S.
more than two times more likely to push back payments (23% of 18-34 year olds versus 10% of the overall study sample).
While online automotive sales have risen in popularity globally due to the pandemic,
71% of U.S. consumers still want the in-person experience moving forward.