Thursday, 10 October 2013

Top Threats to the Classic Car Hobby

Set at The Quail Lodge Golf Club during the famed Monterey Classic Car Week, notable industry figures including Michael Kunz, Director of Mercedes-Benz Classic Center; Corky Coker, CEO, Coker Tire; and Wayne Carini, Host of Discovery HD's "Chasing Classic Cars" joined Master of Ceremonies McKeel Hagerty, CEO of Hagerty for a discussion on Top Threats to the Classic Car Hobby.

While traditionally historic vehicles have not been the direct focus of attacks, technology and public policy are advancing and developing with a growing bias against the traditional automobile and the combustion engine. Increasingly, historic vehicles are suffering as byproducts of well-intentioned regulatory action or technological evolution. While those in the hobby support cleaner air, safer vehicles, and petroleum independence, broad sweeping, ill-conceived strategies can unintentionally impact the ability to freely use and maintain historic vehicles.

The most immediate threats to the collector car hobby discussed during the panel included:

1. Disappearing Infrastructure - Evolving transportation technology means the skills essential for repairing, restoring and manufacturing parts for historic vehicles might eventually erode if not nurtured and supported. If there is any question about this, one has only to consider how many steam-locomotive technicians work in major cities today. So too, then, may dissolve the capacity to rebuild carburetors, troubleshoot breaker-point ignitions and repair tube radios as these likewise become relics of our industrial past.

2. Environmental Regulations - At a state level there remains keen interest in emissions. Currently, there are 93 bills in 26 different states that deal specifically with emissions. As new cars become increasingly cleaner and the number of cleaner cars on the road grows, the more historic vehicles may shift in status from novelty to nuisance. This means that as state air quality standards get proportionately tighter, the number of cars meeting lower emissions standards will grows; which, in turn, will make older, more polluting vehicles a bigger, more visible target.

3. Alternative Fuels - The US is on track to comply with the federal law requiring us to quadruple our production of alternative fuels by 2020. The EPA and Department of Energy are working jointly to implement the most aggressive alternative fuel production standards that include E-85 and the highest corporate average fuel economy standards. The direct consequence of wide spread, pervasive implementation of alternative fuel on historic vehicle owners is evident- a disappearing fuel infrastructure.

4. Aging Demographic - The average age of the historic vehicle hobbyist is 55. And 75% of the hobby is 46 years old or more. Social, economic and technical forces conspire to divert the interest of youths away from the automobile. If these trends are left unabated we will continue to see the hobby age, declines in the number of enthusiasts and the value of vehicles, clubs will shrink and support services will become scarcer as more enthusiasts exit the hobby than enter it.

Each of the issues outlined during the panel discussions are going to fall under the proactive initiatives of the HVA in North America. The HVA was founded by Hagerty Insurance and appointed by FIVA as their exclusive North American affiliate in October 2009. The HVA will organize and serve the Historic Vehicle Movement in the United States and Canada by coordinating political and practical initiatives that serve the long term interests of its members.

The HVA is actively monitoring regulatory developments, collecting data to establish fact-based positions on issues affecting historic vehicle owners, developing a uniform system to identify and classify historic vehicles, and providing support and resources for all aspects of the historic vehicle lifestyle (clubs, events, museums, businesses and related educational institutions.


Article Credit: http://classiccars.about.com

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