Chassis currents will not induce corrosion, but corrosion in joints between body/chassis parts will give problems with the earth return. Running an earth return wire is overkill, although in the case of a Landrover with bad interpanel corrosion it may be the simplest way to get everything working properly. As stated the wire gauge has to be the same as would be needed for the positive wire.
Historically, two wire systems (often not even earthed to the chassis) have been used on many vehicles, particularly where the body was largely wooden, and were mandated for buses and hazardous cargo vehicles in some countries.
John


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