The economic impact of the historic and classic motor vehicles industry has made Britain a world leader in the sector, a study shows.
An important part of Britain’s car sector, which employs 11,300 people and boasted a £18.3bn ($24.7bn) turnover in 2019 will be less affected by Brexit.
The gross value added from the sector was £8.7bn in the same year.
A research by the Centre for Economics and Business Research (CEBR) commissioned by HERO-ERA assessed the environmental and economic impact of the UK’s classic cars industry.
While Britain and the European Union are still negotiating to hash out a Brexit agreement, not much detail has been revealed about the issues facing the car sector, including driving in…