London – The British government expressed readiness to provide protection even in a population of classic cars that were there. Mike Penning, a British MP in charge of transportation told Autocar that the classic car industry worth 4 billion pounds and therefore deserve to be protected. There are no plans whatsoever to limit the use of classic vehicles on our roads, he said.
For me, they are part of our heritage, and as long as my duty I will protect the legacy that I want to protect and encourage the use of cars on our roads, he added.
Penning this statement responding to plans to cap car in Europe that also will affect the UK. The rules of this discourse is being made anxious lovers of the blue car on the continent.
If we are responsible for our own destiny, it will not be a problem. But Europe has a slightly different, and we must take steps with them first before discussing the issues that arise from it, he explained.
In a research document prepared by the Historic Vehicle Research Institute or can be called “The British Historic Vehicle Movement,” reveals that the classic car industry in the country queen Elizabeth had employed 28,000 people and classic vehicle population is only 0.24 percent of the existing car production per year.
The study also encourages all cars 30 years or more should be classified as historic cars and 68 percent of a classic car is there a value of less than 10,000 pounds or USD 141 million only.