Personally I mute or switch channels as soon as the commercials start and I've actually turned down at least one job offer because they had radio on the office floor.
Too little variety, no real local personality, basically none of the things radio was great at doing.
When I'm in the car now, it's all a mix of public radio/podcasts for news and discussion and Shoutcast-type streaming radio for music. I do sometimes pull up specific stuff from my personal uploaded music collection on Google Play Music or find something else I want to hear on YouTube, etc. but not often.
The funny thing is that I've found more streaming "radio" stations that do a better job of (the things I liked about) radio than actual radio stations do. It dropped off a lot since the '00s when the cost of legally running a station skyrocketed but it still beats the endless Clear Channel wasteland on the FM dial.
I'll often find myself turning the radio down to the second-lowest volume it goes, so I can turn it back up when there's actual music. Equally often I turn it down and then forget about it for the rest of the trip. Honestly, a trip in silence is sometimes preferable to one where I have to micro-manage the volume knob, let alone one where I have to listen to radio ads.