see
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/198753/vls-2012.pdf
re: The total number of licensed vehicles has increased in every year since the end of the Second World War except 1991.
what happened in 1991?
Recession and high interest rates
not 1991 itself but knock on effect from previous years probably
There is another theory... nothing happened.
You can track statistics of almost anything in the world and there is usually a fluctuation above or below a median (I think that’s the right
term).
Some people get too hung up on it, especially if it involves money.
You can then often spend too much effort trying to apply a reason to something when it may not even be linked to it.
Not saying that is the case here, but it could just be a natural lull in car registrations.
Clearly the only logical explanation is the Soviet Union collapsed ending the Cold war, as a result people didn't feel the need to support capitalism anymore.
Bare statistics are often misleading. Did you know that over 99% of people have more than the average number of legs.
quote:
Originally posted by SCAR
Bare statistics are often misleading. Did you know that over 99% of people have more than the average number of legs.
At the end of 1990 start of 1991 worries over oil supplies and the invasion of Kuwait caused a major hicup in car sales 2nd hand car.values went in to freefall.