17/10/2021

Tannochbrae

Built Business Tough

‘Mindboggling’ red tape threatens classic car industry, owners warn

A village fete is almost never complete without an array of vintage cars parked on the grass for motoring fans to admire. But now historic motor vehicle entrepreneurs are warning the swap to electrification and the crimson tape ensuing from Brexit threaten the survival of enterprises that maintain these basic motor vehicles on the street. 

The vintage motor vehicle sector has formed a new group, the Historic and Common Motor vehicles Alliance (HCVA), to protect an sector it suggests has an once-a-year turnover of £18.3bn and possibly employs or supports some 113,000 work, including engineers, restorers, craftsmen and parts suppliers.

HCVA estimates there is a fleet of some one.54m historic motor vehicles, outlined as these above thirty decades aged, on United kingdom roadways. There are a additional one.47m basic cars, which are aged 15 to thirty decades aged, bringing the complete worth of these motor vehicles to £12.6bn.

Irrespective of their aged-fashioned technology, these cars are fewer polluting than envisioned as they are driven so almost never, masking an common one,200 miles a yr over the average of sixteen periods they are driven, a portion of the seven,000 miles most cars include.