A Model to Follow? The Impact of Neoliberal Policies on the British Automobile Market and Industry

Tommaso Pardi

Chapter 2 in Global Automobile Demand, 2015, pp 37-71 from Palgrave Macmillan

Abstract: Abstract From a comparative perspective, the United Kingdom has become a very unusual automobile country. On the one hand, its domestic market for new cars was second in Europe only to Germany and Italy before the 2008–2009 crisis, and in 2011, it was still the third largest European market behind Germany and France. Yet, despite the fact that the UK was historically home to a very significant automobile industry, this is a market that is now completely controlled by foreign importers, whose sales during the 2000s have accounted on average for more than 80% of the total (88.7% in 2011).

Keywords: House Price; Electric Vehicle; Usage Cost; Labour Share; Consumer Credit (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-51614-5_3

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DOI: 10.1057/9781137516145_3

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