Classic cars are in ‘serious jeopardy’ and ‘may not survive’ warn enthusiasts

Classic cars are in ‘serious jeopardy’ and ‘may not survive’ warn enthusiasts

05/25/2021

Classic cars are purchases of passion: Bonhams

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Figures from the classic vehicle industry fear complex new rules around importing and exporting classic vehicles to the EU are damaging owners confidence. They warn there is a misunderstanding of the environmental impact of vintage motoring which could also be playing a role in undermining the sector.

To counter these issues, experts have formed a new trade association, the Historic and Classic Vehicle Association with a mission to promote the long-term future for classics.

HCVA director Harry Whale said it was vital the “voice of the industry and owners is heard”.

He said: “Our sector is a great British success story and has been for decades.

“But it’s in serious jeopardy and may not survive to continue providing opportunities for future generations if we don’t act now.

“In a world of mind-boggling bureaucracy, with environmental and other legislation looming, we need to ensure the voice of the industry and owners is heard and understood by regulators and those in power.

“We’ll work hard for the whole sector. We’re taking the initiative now to address current challenges, clear up confusion and grasp opportunities to find solutions.

“These problems span the world and we’re determined to take a long-term view as we campaign to secure the future.”

The not for profit organisation will campaign on behalf of individuals and companies including retailers, dealers and parts suppliers.

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They warn more than 100,000 jobs could be in peril if the classic car industry struggles to maintain its place.

They warn the classic car sector contributes £18.3billion to the economy every year with the classic car fleet valued at over £12billion.

The Alliance says it is also on a mission to educate the public, politicians and regulators of environmental concerns.

The group say they are respectful of the green agenda but argue classic and history cars are the epitome of sustainability.

This is because parts have often been preserved over decades instead of taken apart and destroyed.

They are also committed to introduce reliable common standards and a code of conduct. 

Fellow director Henry Peaman warned now was the time to “protect and celebrate” classic cars and correct “a host of myths and misconceptions”.

He said: “Classic and historic vehicles invariably bring a smile to the face of people who see them on our roads or TV screens.

“There are more than a million passionate owners in the UK and around 10 million people who are interested in these vehicles which really are an important element of our national heritage.

“The time has come for us in the industry, owners and enthusiasts to all to join together to correct a host of myths and misconceptions and to protect and celebrate the world we love.”

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