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The odd-looking line on this graph is the one for home consumption of autos and parts as a fraction of GDP; the line starts to drop after 2002, only reversing in 2010. It’s odd to me because a graph of US car gross sales is essentially flat from 2001 to 2007 at between sixteen and 17 million automobiles per yr. Studying off Stuart’s graph above, the gross consumption line begins at about 3.7% of GDP in 2001 and drops to round 2.eight% in 2007, so roughly a 25% drop. Looking at BEA Table 1.1.5. US GDP rose 36% throughout that interval.
Due to Neil and his E’s Autos Flyer distribution (thanks Neil) at the Volksworld Camper and Bus cruise/ present from Guildford to Bournemouth, yet another Westfalia Baywindow camper found its technique to the unit for a thorough engine checkover. Dave’s 1970 VW T2, now advantages from a leisure battery system, a mains hook up and a working fuel gauge which should imply that the entire family are saved happy on those camping holidays close to and much.
Complicating your exercise much more is the truth that individuals are inclined to keep their vehicles longer nowadays than they used to. That is largely because quality has gone up, reducing the frequency needed to purchase a new car. I think this has much more to do with the declining share of GDP dedicated to auto purchases than any of the other components you mentioned.
E’s Autos is a Surrey primarily based classic automobile specialist, with a strong VW bias, with much of our work being VW Beetles, VW Campers and comparable. From our not too long ago revamped unit at Bullhousen Farm, Bisley Inexperienced, Surrey, GU24 9EW, we offer the service, the experience and the understanding to ensure you can get pleasure from your traditional car in the way it needs to be. From routine servicing and MOT preparation/repairs, to fully detailed engine rebuilds, and physique restorations… and almost every thing in between, we purpose to make sure customer satisfaction at every stage.