Professor Elam

PIckups are gaining in popularity across the pond.   On my trip over in 1981 I was struck by the fact that in continental Europe there were not any pickup trucks, even small ones from Nissan.  Now they are catching on but in small numbers.  They avoid the Vaule Added Tax VAT by posing as business vehicles. We recently reported that dispoisable income in Britain surpassed that of the US. Clearly here is evidence of that. IN the 1950-60s Britain drove the Mini, a tiny fwd 1100cc auto that has morped into the vehicle now sold by BMW. Now they can afford larger thirstier vehicles. Remember that gasoline in Europe costs well over $4 a gallon.