Margaret Thatcher was once credited - if that’s the right word - with using the phrase “great car economy”. What she presumably meant was all the activity from making, financing, buying, fuelling, driving, parking, and maintaining private vehicles – which if added up must come to an enormous sum. And feeds a huge revenue flow to the Treasury from car and fuel duties.
It has almost been accepted that we track our economic prosperity in terms of how the motor industry is...
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