PARIS – French households are spending more on their cars now than 40 years ago, says a recent study by Insee, the government’s statistical agency. In 1960, the French spent 8% of their disposable income on new and used cars, fuel, maintenance, repairs and other expenses. Now, autos account for 14% of their disposable income, the study finds. Maintenance and repair has been the largest expense for four decades and in 2000 accounted for 34% of the total spent on cars. The ...
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