8th March 2013. A study by the Federation of British Historic Vehicle Clubs (FBHVC) in association with the University of Brighton Business School has found that the annual Beaulieu International Autojumble creates a local economic benefit of £3 million to the New Forest area, particularly significant given that tourism and leisure play such an important role in the region’s economy.
The study further concludes that the event, which first coined the name, Autojumble, a word now enshrined in the Oxford English Dictionary, provides direct temporary employment in the region for over 220 people and also benefits local hotels and guest houses, being directly responsible for over 11,000 person nights of accommodation.
The event, which has been an annual attraction since 1967, was conceived as “a grand event for the buying, selling and swapping of spare parts, accessories and other desiderata for motorcars and motorcycles of all ages”. It is truly international and in 2012, the year of this study, it attracted more than 38,000 visitors, nearly a quarter of whom came from overseas.
Held over three days in September, the autojumble is responsible for over £11 million turnover for the national economy and contributes over half a million pounds to the UK Treasury through VAT.
At a presentation of the report’s results, Geoff Smith, vice-president of FBHVC said, “This latest in a series of economic impact studies commissioned by FBHVC, highlights the economic significance to a local community such as the New Forest area of historic vehicles and the industry that supports their preservation. Vehicles from the past are not only part of our heritage but significant economic contributors in the present.”
The full report is available to download here.
The 47th annual Beaulieu International Autojumble will be held on 6th, 7th and 8th September 2013 at the Beaulieu Estate.