The first assessment of the contribution made to a national economy by the historic vehicle movement. Undertaken in collaboration with the University of Central England
£1.6 billion gross annual turnover, 25,000 employed
Half of vehicles cover less than 1500 miles per year
The presentation of the report to politicians and the media took place in the House of Lords on 13 November 1997.
The first measurement of the value of the pan-European historic vehicle movement undertaken in conjunction with the Historic Vehicle Research Institute and the Fédération Internationale des Véhicules Anciens
€16 billion overall annual value to the EU, over 55,000 employed
70% of historic vehicles travel less than 1,500k per year
The presentation of the report to EU politicians and media took place at the Hotel de Ville, Brussels on 4 October 2006.
Reassessment of the British historic vehicle movement as part of the above pan-European exercise
£3.2 billion worth of business in UK per annum, 27,000 employed
Over 65% of historic vehicles travel less than 900 miles annually
The presentation of the report to politicians and media took place in the House of Commons on 11 October 2006.
The first economic impact study to measure the benefits for a local community resulting from an historic vehicle event taking place in the locality. This was undertaken in conjunction with the University of Brighton. The event studied was the 2010 London to Brighton Veteran Car Run and the locality considered was the City of Brighton and Hove
Over £1.1 million extra spending takes place in the City of Brighton and Hove as a result of the Veteran Car Run
The presentation of the report took place at a press conference in Brighton hosted by the Royal Automobile Club on 22 September 2011.
Click here to download the report
A further assessment of the British historic vehicle movement undertaken in conjunction with the Historic Vehicle Research Institute. This project was carried out by Dr Paul Frost, Dr Chris Hart and Dr Jaime Kaminski supported by past Federation Secretary, Jim Whyman.
Data was obtained by questionnaires (electronic and paper) submitted to traders, clubs, club members, museums and individuals.
The project looked at five main areas: economic value, employment, use of historic vehicles, social activity and concerns for the future
£4.3 billion overall annual value
Nearly £1 billion in export
Over 28,000 employed
57% of businesses are over 20 years old
Historic vehicles cover less than 0.24% of total traffic miles
31% of owners have a household income less than £25,000
68% of historic vehicles are valued at less than £10,000
4.5 million person attendances a year at Federation club events
The presentation of the report to politicians and media took place in the House of Lords on 6 December 2011 at a reception hosted by Federation President Lord Montagu of Beaulieu who is also President of the All Party Parliamentary Historic Vehicle Group.
Click here to download the report.
Local impact assessments for the International Autojumble at Beaulieu and for the Goodwood Revival Meeting (both of which took place in September 2012) have been analysed in collaboration with the University of Brighton. The results of the Beaulieu International Autojumble impact report can be downloaded here.
The study found that the annual Beaulieu International Autojumble created a local economic benefit of £3 million to the New Forest area. It further concluded that the event provided direct temporary employment in the region for over 220 people and also benefited local hotels and guest houses, being directly responsible for over 11,000 person nights of accommodation.
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 was responsible for over £11 million turnover for the national economy and contributed over half a million pounds to the UK Treasury through VAT.
The report was unveiled in February 2013 at a press conference held at the National Motor Museum, Beaulieu.
The Goodwood Revival Study was unveiled by Lord March at the press launch for the 2013 Festival of Speed and Revival Meeting. It found that the annual Goodwood Revival brings a conservative £12 million of business to the local area, including Chichester and Bognor Regis to the south of Goodwood, and Petersfield and Midhurst to the north.
In addition, the FBHVC and University of Brighton research found that the 2012 Goodwood Revival was responsible for a healthy £32 million turnover for the national UK economy, net of VAT, with over £4 million generated in VAT to Government revenue. The event also led to direct temporary employment for more than 350 people.
The independent study also revealed that the Goodwood Revival generates over 23,000 ‘person nights’ of accommodation for local hotels and guests houses, plus a further 25,000 person nights locally outside of the 20km radius study area. The full report can be downloaded here.
The economic impact study of the 4th European Healey Meeting at Crieff in May and June 2013, in the words of Lord Steel in the forward to the report, broke new ground for the FBHVC. Previous studies had been broad based, assessing either the generality of historic vehicle activity in the UK or the specific local benefits of major events that attract large numbers of the general public. This study was narrow in its focus, concentrated on one marque of car, Austin Healey, and with insignificant public participation. It also for the first time explored the more northerly extremities of the country.
Accounted for spending in the UK of £950,000
Brought over £700,000 into UK from elsewhere
Created trade worth over £275,000 (net) to the small Scottish community of Crieff
Encouraged tourism and other trade elsewhere in Scotland worth over £160,000 (net)
Encouraged tourism and other trade in England and Wales worth some £360,000 (net)
Contributed £150,000 in VAT
Generated over 7,600 person nights of accommodation in hotels and guest houses
The study was unveiled at a presentation on the Austin Healey stand at the Classic Motor Show at Birmingham's National Exhibition Centre in November 2013
The full report can be downloaded here.