Multicultural Resources

Blacks and Automotive

Written by Lisa Chiljean | Oct 29, 2024 6:25:55 PM

The Black Automotive Consumer

Black consumers possess both the financial capability and the strong desire to purchase new vehicles, spanning a wide range of makes and models.  This ability to purchase new vehicles is bolstered by a rising trend of higher income levels.  As a result, Black consumers are an influential force in the automotive industry, shaping trends and driving demand across different segments.