Dominating F1 but Unable to Build Civilian Cars? How Did the British Auto Industry Collapse?

In 1950, British cars accounted for a massive share of approximately 52% of global auto exports. It is fair to say that Britain was one of the important centers of the world's automotive industry at that time.
Wait, why did we say "at that time"? It's simple: saying that nobody buys British cars nowadays might be a slight exaggeration, but it's pretty close to the truth. So, why did this happen?iOS Link