The Value of the Classic Car Movement to the Economy

The March issue of MG Enthusiast magazine cites the following:
A recent survey from the British Historic Vehicle Clubs reports that the historic vehicle movement in the UK generates ₤4.3B annually, ₤1B of that is export business. Over 28,000 people are employed by the movement. 52% of the businesses involved are expecting to expand their businesses in the next 5 years. Remarkably, 57% of the businesses are over 20 years old. In the UK some 850,000 vehicles  are part of the movement, 2/3rds of which are valued at less than ₤10,000. Of all these vintage vehicles, 82% are run no more than twice a month and so the movement is responsible for only 0.24% of the traffic on UK roads. The attendance at events totals 4.5 million people annually and the events are organized all or in large part by volunteers.

I'd love to see the Canadian statistics. Bottom-line, we are an important contributor to the economy and by God we are having fun doing it.

Dwight

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