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It's the first increase in nearly five decades

Don't own a car? You're not alone. The percentage of zero-car families is increasing in the United States.

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The automotive industry is getting more evidence that it's time to expand product offerings or switch over to another business. A new study by the US Public Interest Research Group (PIRG) says the "driving boom" is over. While Baby Boomers loved their cars, their kids - aka Gen Y or Millennials - have different idea.

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The sixth annual Lexus Eco Challenge has launched, giving young students a shot at winning part of $500,000 in grants and scholarships. More than 22,000 middle school and high school students have been included in past programs, where more than $3.5 million has been awarded to students, teachers and schools. Last year, for example, Lexington, KY's "One-Towel Wonders" team was a grand prize winner by showing how big an impact using just one towel per person per week could have on the environment.

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Were you born somewhere between 1976 and the early 1990s? Are you the child of a so-called Baby Boomer? If so, you, like me, are a member of Generation Y. So, what does that mean? Well, nothing really, but it's a convenient way to classify a large chunk of the American population... and we should all get used to hearing how marketers are targeting us as their current and future consumers.

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Were you born somewhere between 1976 and the early 1990s? Are you the child of a so-called Baby Boomer? If so, you, like me, are a member of Generation Y. So, what does that mean? Well, nothing really, but it's a convenient way to classify a large chunk of the American population... and we should all get used to hearing how marketers are targeting us as their current and future consumers.

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Click above for a high-res gallery of the 2008 Scion xB.

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Will the Toyota Yaris, Honda Fit and the upcoming Nissan Versa join the Buick Le Sabre and even the Toyota Camry as "Grandparent's Most Favorite Ride?" That's what analysts think about the new wave of subcompacts arriving in America. According to John Wolkonowicz, automakers are once again making the mistake that younger buyers' primary concern is cost. "This is not a meek generation. They (Generation Y) want you to see them arrive," says the Global Insight analyst. "A car is like

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