> Some critics are skeptical that millennials will ever catch up. Prolonging car-buying, they say, means fewer cars purchased during one’s lifetime, a problem for the auto industry.
and
> millennials are looking for cars from manufacturers that integrate seamlessly with their smartphones and sync with other technology
Which actually is in line with what Apple is doing. Either way, I agree it's not a stupid move.
I bought my first car when I was 36. Compared to friends who got their first car when they where 18, the main difference is that I've bought 1 fairly nice new car in my life and they've bought 1 fairly nice new car and 5 pieces of crap. By the time we're both 65 we'll probably have spent about the same total amount of money buying cars in our lifetime.
I'm also expecting costs to come way down when you no longer need a driver, and people are willing to trade some inconvenience for significantly reduced costs.