University researcher specialising in applied political economy.
Oct 2, 2023 • 26 tweets • 6 min read
The #WarOnCars is underpinned by a false polarisation between car drivers and the car industry on one side, and the rest of us on the other.
In my new paper, I show how the car industry has deliberately pushed motorists into ever greater debt, in order to save itself.
Thread
In recent years the car industry has innovated new forms of car consumption finance to entice consumers to acquire new cars. In many developed markets, this has taken the form of the Personal Contract Purchase (PCP).
