Brexit not the reason behind the decline of the British car industry
15 April 2019
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In the Media
Emma Revell writes for CapX
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Chris Snowdon writes for Spiked
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Economic Theory
11 November 2024
Keith Boyfield writes for City AM
Keith Boyfield, IEA Research Fellow, writes for City AM on the troubles facing the British car industry.
Keith notes that the performance of the pound against the Euro means sterling-priced cars are very attractive to buyers in the Eurozone, meaning Brexit cannot be to blame for poor sales.
More likely, he suggests, that improvements in public transportation and internet speeds mean people have other options when traveling or are more likely to work from home, meaning there is less incentive to own a vehicle.
Read the full piece here.
Keith notes that the performance of the pound against the Euro means sterling-priced cars are very attractive to buyers in the Eurozone, meaning Brexit cannot be to blame for poor sales.
More likely, he suggests, that improvements in public transportation and internet speeds mean people have other options when traveling or are more likely to work from home, meaning there is less incentive to own a vehicle.
Read the full piece here.
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