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Deloitte interviews 677 'millenials,' concludes they're broke

Until artisanal, sustainable, locally sourced craft-beer bars can upend themselves from their Brooklyn brownstones and directly to your Park Slope loft entrance, it turns out that today's youthful generation will still need to buy cars to get places. In fact, they might even be picky about what they spend time in, which means that young people, even "millennials," are doing research on cars and forming their own opinions as smart consumers. Hey, doesn't that sound familiar?

Concept Car of the Week: Renault Vel Satis (1998)

The approach to the design of top end models varies greatly depending on the manufacturer's heritage and the cultural differences of each country. It might be a conventional combination of wood and leather for some, power and technology for others, but it is generally packaged into a three-box four-door sedan or two-door fastback. Renault on the other hand had a much more cutting edge vision of what a luxury automobile could be.

Future products: Land Rover will get hybrids, smaller vehicles

New owner Tata Motors promises that Land Rover will add smaller vehicles and hybrid powerplants, but it hasn't said much about the timing. Land Rover will continue to share components with Jaguar, which is also under Tata ownership. Land Rover already uses Jaguar's 5.0-liter V8 engine in all but one of its vehicles.