Car production in the UK fell to its lowest level for 25 years during September, according to new figures released by the Society of Motor Manufacturers and Traders (SMMT).

A mere 114,732 cars were built by UK factories over the course of the month, around 6,000 (or 5%) less than in September 2019. The slump reflects general consumer uncertainty as new lockdown measures are imposed across the country, and as the UK approaches 31 December and the possibility of leaving the EU without first establishing a free trade deal.

Exports in September also declined 9.7% to 87,533 units, around 9,500 fewer vehicles sold overseas year-on-year. Overall, UK car production has fallen 35.9% behind levels seen in 2019. Car plants are forecasted to make fewer than 885,000 cars during 2020, marking the first time that production volumes will have fallen below one million since 2009.

“These figures are yet more grim reading for UK Automotive as coronavirus continues to wreak havoc both at home and in key overseas markets,” SMMT CEO Mike Hawes said in a statement.

“With the end of transition now just 63 days away, the fact that both sides are back around the table is a relief but we need negotiators to agree a deal urgently,” Hawes continued. “With production already strained, the additional blow of ‘no deal’ would be devastating for the sector, its workers and their families.”

One positive sign revealed by the September data was an uptick in battery-electric vehicles. Production of BEVs was up 37% from September 2019, with over three-quarters being exported.

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However, the boom in BEV production could yet be short-lived if no free trade deal with the EU is agreed upon. SMMT noted that, if the UK were to be subject to the WTO’s standard tariffs of 10%, the cost of UK-made electric cars exported to the EU would increase by an average £2,000 per vehicle.

Shares in Tesla Inc. fell by 7% on Tuesday in the wake of CEO Elon Musk’s promises of a radically cheaper new electric car battery for self-driving Tesla vehicles – which is not likely to arrive for three years.

During a presentation on Tuesday, which Musk had touted as “Battery Day”, Musk and other Tesla executives pledged to slash battery costs in half through the use of new technology and processes, delivering an “affordable” electric car. Costs would be cut so radically that a self-driving $25,000 car would be possible, but only “in about three years’ time”.

The announcement, which did not contain any mention of Tesla’s speculated development of a “million-mile” battery or a specific cost reduction target to beat petrol-based vehicles, prompted disappointment and preceded a sharply negative shift in investor sentiment.

The resulting stock slide wiped out $50 billion of value in the company, with shares closing 5.6% down and then falling a further 6.9% after hours.

"Panasonic and other suppliers were hit with Tesla planning to make its own battery,” commented Neil Wilson, senior markets analyst at Markets.com. “Nevertheless, given all the anticipation around a potential game-changer in battery technology, investors were a little underwhelmed by the news."

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Musk had sought to downplay expectations for the event on Monday, stating in a tweet that some of the technologies to be revealed “will not reach serious high-volume production until 2022.”

Tesla shares have gained 407% since the start of 2020, drastically above the 2.6% gains seen by the S&P 500 index this year.

Benjamin Franklin said it best: "If you fail to plan, you are planning to fail.” We all need goals and objectives. Some of these should be ambitious and fanciful. We all have our dream house or dream vacation — even if we know it may never truly come to pass.

But you need some real-world goals grounded in reality. Ultimately, these practical items are what should be populating your “bucket list.” Sure, always keep a few unlikely-to-achieve items in your back pocket. But you want to really focus on the ones that you know you can — and will — tick off.

And don’t procrastinate! Your bucket list is hopefully long and full of great experiences. There’s no time to waste letting them just sit there.

Yes, achieving some things will be more difficult for many people this year for a variety of reasons. But don’t use excuses and instead focus on the other goals that you still can attack. And if you need a little inspiration, set your sights on checking off the following three 2020 bucket list items.

1. Explore Professional Development

For every person, in every line of work, there is always some thing that you know will help you develop in your career. Maybe it’s learning a new skill, like becoming a spreadsheet or data wizard. Maybe it’s improving your communication ability, like mastering public speaking so you can get your ideas heard. Maybe it's finding a mentor who can help you see something that you keep missing. Or maybe it is sitting down and devising a new strategy or process to improve your company that will surely knock the socks off you boss and earn you that promotion. But no matter what it is, get started today.

2. Keep Your Mind on Your Money

We all need to improve our financial literacy, strategy, or discipline in one way or another. It’s time to stop hoping and start doing. Do you keep tapping into your savings for discretionary purchases? Are you failing to put away enough for retirement? Are you throwing away too much on interest payments? Or, God forbid, do you still not have a good budgeting tool that keeps you on task? Perhaps now more than ever, you need to work to get your financial life in order, and you should look at all the financial services tools out there to help you get it done.

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3. Splurge on Something for You

While being financially disciplined is great, that actually isn’t the problem for many people. Some are too stingy and fail to hit their bucket list items out of an overabundance of caution. If that’s you, maybe now is the time to splurge a little. Do so responsibly, but recognize that there are some great prices out there on toys and luxuries that you may have been eyeing for years. Maybe today is the perfect time to buy that RV you have always wanted and do some road trip traveling to dream locations. Along with good deals, you can also find fantastic credit financing options that offer perks and cash back rewards.

Rethinking Your 2020 Bucket List Goals

Achieving your lifelong goals is never easy. That goes double in a year like this. But there are always ways to look at your bucket list from a different angle and start checking off some key boxes no matter what.

It doesn’t have to be all skydiving and flights to Paris. There are other objectives you can pursue even today. Start exploring your professional development goals, work on hitting a key financial benchmark for you, and don’t forget to find creative ways to splurge on yourself — and even travel.

The world may be more complicated than ever — but it’s still your oyster. Even when everything is turned upside down, your life can still be whatever you make it.

A suitable title loan is one that is according to your needs and requirements. Borrowing against your car title is a non-traditional loan. When you start searching for the best place to get a car loan online, then you get thousands of results in a matter of seconds. Not every lender keeps your best interest in mind, and not every loan provider has the best terms. You should know how to find a suitable title loan by following some tips.

Always Check the Track Record

Some offers seem too good to be true when you start browsing the web about the best car title loans. You need to act like a careful buyer. Make sure you check reviews and ratings of a car title loan provider. Get an idea about the company by exploring its website, especially the “about us” page. Next, read online reviews about the company's services and offers. The more you read, the better you will know a company whether a loan company is legit or not. Try to make a deal with a company that has been rendering services for quite some time. For example, when a car title loan provider has served its customers for seven or more years, you can generally rely on its services. Also, check for the physical location and offices of a loan provider.

Know How Simple the Process Is

Every lender will share their contact details on their official website. All you need to do is to dial the customer care number and ask about the car title loan and its requirements. It would be best if you probed into this deal before you sign it. Try to know what kind of paperwork is involved in the process, how long it takes to get a car title loan, and what the terms and conditions are. If a company requires you to go through a hefty process that will continue for some weeks, you should look elsewhere. A car title loan is a secured loan where most lenders only take one or two days to process it. 

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Try to Meet Only Your Needs and Requirements

Don’t take a loan amount that you can’t afford to pay back. You are keeping your car as collateral; failure to repay the loan means losing it. Some lenders are ready to give you more money than you need, but no matter how mouth-watering the scheme is, you shouldn’t fall for it. If you are getting a low-interest deal when you pay in lump-sum, then don’t sign up for it unless you are sure that you can pay it back in a month or as per requirement. You should know that your vehicle will be seized by the lender if you cannot pay. According to a study, almost 20% of the borrowers who opt for a lump-sum type of car title loan end up having their cars repossessed. It is better to go for an instalment loan with your favourable terms so that you can pay the loan back conveniently.

Always Prioritise Your Safety and Privacy

The best place to get a car title loan is where you can enjoy the perks of information safety and privacy. Most of the time, you apply online for a title loan. You add your personal and financial information. Before you provide all such information to a company, make sure you can rely on its system.

It would seem that the dawn of the electric car is finally upon us, with the Tesla Model 3 recording the third biggest number of UK registrations in August.

Figures from the Society of Motor Manufacturers and Traders (SMMT) show that the model muscled its way into the top 3 with 2,082 units registered in that month.

Well, it’s fair to say that more than a pinch of salt is required when assessing the reasons behind such a sudden ascent.

On the face of it, the model’s growing popularity surpassed that of household models including the Ford Focus, the Vauxhall Corsa and the Mercedes-Benz A-Class, with only the Ford Fiesta and the Volkswagen Golf having more registrations in the month.

For a car that only began production in 2017, it’s an impressive effort. Furthermore, it would seem that the rise of the Model 3 has had an impressive impact on EV registrations overall, with sales of battery electric cars almost doubling year on year in the 12 months to August, from 9,000 in 2018 to 17,393 this year.

So, has the electric dream finally been realised and should you now be considering EVs for your next car? Have you got that salt handy?

As ever, it’s all about context. The current trials and tribulations faced by the motor sector have been well documented and it’s perhaps here where the real reasons for the Model 3’s impressive August SMMT figures lie.

The numbers show that the market as a whole saw new registrations dip by 1.6% to 92,573 in August. However, the context to bear in mind here is that August is traditionally a quiet month for registrations as the market’s emphasis shifts to the new September number plate. However, that doesn’t account for the 1,500 fewer registrations in August compared to the same month last year.

So how is Tesla bucking the trend? Has the EV manufacturer weathered the choppy seas of negative PR, only to be welcomed onto dry land to a cacophony of positive headlines?

Not quite. Those journalists perceptive enough to understand how registrations work and the delays that have dogged the production of the Tesla Model 3 have a slightly different take.

The model is perhaps making up for lost time. James Baggot, founder of Car Dealer Magazine, put it best when he said: “It’s worth noting that the SMMT registration figures relate to cars registered, not sold, in the month. Most Tesla Model 3 buyers put down their deposits years ago, so this is simply Tesla finally delivering a car they promised back in 2016.

“This was effectively the first full month of deliveries for the Model 3 in the UK. It has also caused an abnormal blip in the SMMT stats – electric cars are up considerably, but it’s unlikely to be something that will continue.”

So, with current market conditions perhaps flattering the Model 3’s perceived popularity in August, we may have to wait a little longer until the electric revolution is truly upon us. And, of-course, while pure-electric sales are on the up, they only represent a tiny 1.1% minority of annual car sales.

Owning a vehicle one genuinely wants to drive is frequently a fantasy for some. Extraordinary Cars was built up to assist those fantasies to work out as expected. Since its beginning in 2003, exoticcars.ae have been leaders in the UAE in the business of fresh out of the box new just as pre-owned cars, having a place with extravagance, sports and colorful classes.

However, it can be said that the industry has made huge strides in 2019. Car makers are now beginning to catch up as the pressure to move away from fossil fuels continues to mount, suggesting that prices for electric cars could also begin to fall.

Jaguar’s I-Pace sports utility vehicle won the world car of the year award this year, Nissan is finally beginning to talk about its new EV cross-over following the huge success of the Leaf, BMW has high hopes for its new electric Mini, while Volkswagen has been spotted testing its all-electric ID 4 SUV, one of the first EV’s in its much talked about ID series.

With Government emission targets not going away, the pressure on the industry remains. It will be interesting to see whether Tesla can stay in the headlines, for the right reasons.

When the hypothetical family from number 28 parade the street in their new Mercedes GLE, doing somewhat of a victory lap, Google is just seconds away as we scout our next big purchase.

Driving the car of our dreams just isn’t a feasible option for many, due to the reality of things like family life and other important household costs. But, as John Paul Getty once remarked, “if it appreciates, buy it. If it depreciates, lease it.” Many throughout the UK have taken the once-oil tycoon’s advice and done just that.

It’s a well-known fact that the value of a new car is known to drop massively within the first year, and research from AA suggests that after three years, a car will have lost 60% of its original showroom price tag at an average of 10,000 miles per year. The first-year loss is definitely the worst, with a deduction of around 40% being made by the end of the first 365 days. Obviously, there are different ways of putting the brakes on depreciation. Keeping the car clean, regular servicing in accordance with manufacturer’s guidelines, and one eye on the mileage gauge, will all go a long way in reducing potential losses.

But could we be doing something different?

PCP

An impressive 78% of buyers nowadays opt for a personal contract purchase (PCP), proving itself as an increasingly popular finance option. Admittedly, it goes against everything our parents have told us to do, in regard to owning our own car, but if you can battle those initial demons, then we’re here to show you why this might be for you.

Cost

Some people take pride in saving up in advance to buy a new car, like the Mercedes A Class, but not all of us have the time (or or patience!). With PCP, the payment is broken down into three major chunks. Firstly, you’ve got the initial deposit which is usually 10% of the car’s showroom value. Secondly, the monthly payments which will include enough to cover the depreciation costs incurred throughout the contract. Finally — and this is where things change once the final payment of the contract has been made, you get the option to either return the car or take a new one on a new contract. Or, you can pay a balloon payment and then the car is yours.

The monthly repayments of a PCP contract are significantly less than the alternative finance deals available. The option then presents itself is to drive a car that you would initially have deemed to be significantly out of your price range. Therefore, if you don’t have a big deposit and want lower monthly repayments, then this might be exactly what you’re after.

Please check this for new and pre-owned cars in Dubai at https://exoticcars.ae.

Mileage

Heavy traffic, congestion charges and the worst culprit of all — parking. Three reasons many drivers in the UK have steered away from the daily commute in the car and opted for public transport. A decade ago, our decision when purchasing a car will have depended hugely on our day-to-day usage — but when that isn’t the same, why should the choice be?

On average the annual mileage of a car in the UK is 7,900. One drawback of renting your car through PCP is that is that when initially taking out the contract, you are given a mileage restriction and if you exceed this, you will be penalised. If, however, you would consider yourself to be one of those average UK drivers, then PCP offers no qualms. The opportunity to purchase a new contract once your current one is up means you aren’t going to have spent your days driving around in an old car with high mileage.

The freedom that comes with PCP means that if you wanted to, you could buy a weekend car — unless of course you are using it to commute every day. When purchasing a new car outright, you are restricted by the constant reminder that you will have this car for the foreseeable future. With PCP, you can buy the car that caters exactly to the needs of your evenings and weekends. For example, an SUV if you go camping with the kids most weekends throughout the summer, or a two-door roadster, if your Sundays are filled by coastal runs. And, if your circumstances do change, you can simply exchange the car.

PCP agreements have revitalised the UK car market, as budgets grow increasingly tighter and people are constantly on the lookout for a good deal. For the past three years, the number of new car sales in the UK has stayed above 2.5million units per year, in comparison to 2011 when it was only 1.9million.

Top tier brands such as Audi, Mercedes, BMW and Jaguar Land Rover have all performed well under the system. This is due to the fact these cars hold their value better, and therefore depreciation is less, ultimately benefiting both dealer and driver. Mercedes reported a 100% upturn in UK sales since 2010.

A typical customer could be paying anywhere in the region of £100 upwards for lifestyle costs such as their phone bill and gym membership, so if dealerships are able to offer a vehicle at £99 a month, then they are making the cost seem more realistic for their customers — it’s near enough a no brainer!

Experts at Bondora have uncovered the private investments of professional footballers across four countries.

Whether sports cars or SUVs, mansions by the lake or penthouse flats: the following research analyses the lifestyle of the highest-paid national football players on the basis of their salary, properties and vehicles, and compares these with the salary, vehicle and property value of the average citizen.

Table: Information on the annual income, property value, car model and car value of the British national team

Table: Information on the annual income, car value and property value of the average UK citizen and Football player

The top earners among the England national team are Harry Kane and Raheem Sterling, earning £9,735,785 from Tottenham Hotspur and £8,518,812 from Manchester City respectively - 95.9% more than the average UK citizen.

Despite Ashley Young having the smallest net worth from the Top 10 list, £6.23 million, his house is the most expensive. With a price tag of over £12 million, it’s forty times the property value of the average UK citizen.

The second most expensive house is owned by Phil Jones, right-defense for Manchester United. His home set him back a hefty £5 million - almost twice his annual salary.

Dele Alli from Tottenham Hotspur owns the most expensive car, a Rolls Royce worth over £370,000. However, the centre-right midfield player has one of the cheaper homes out of the Top 10 list, valued at just over £2 million. It’s 17% of the price of Ashley Young’s property, but almost seven times more expensive than the home of an average UK citizen.

Compared to his net worth of almost £49 million, John Stones from Manchester City has a fairly modest car. The centre defence player owns a Mini Cooper just double the price of a car owned by the average UK citizen.

The lowest paid star from the Top 10 is Marcus Rashford, earning £2,433,946 per annum. His property set him back just over £2 million, 83% of his annual salary. His car, a Mercedes CLA 45 Coupe, may be just 2.5% of his annual salary, but is over nine times the price of a car owned by the average UK citizen.

(Source: Bondora)

The latest car registration data brings worrying confirmation that the long run of a retail driven economy may be starting to falter. With the performance of the automotive sector so intrinsically dependent upon the nation’s levels of disposable income and access to credit, the recent performance of the sector in the 10 months to October 2017 indicates that car dealerships across the country may face an extremely challenging end to 2017 and start of 2018, according to Duff & Phelps.

“The recent public statements of the larger motor dealers are of profit warnings and of a softening of used car values. Further, the interest rate rise of 0.25% - the first rise since 2007 - will impact on a number of consumer reliant sectors, no more so than an industry fuelled on the availability of credit. Consumers have also had additional spending power as a result of PPI redress, but this will soon be coming to an end. The question therefore is how well prepared are manufacturers and their dealership networks to manage through what appears to be, the start of a potentially significant downturn?” states Michael Bills, Managing Director, Restructuring Advisory, Duff & Phelps.

“Overall, in the 10 months to October 2017, the market is 4.6% down compared with 2016 and 12.2% down on October alone. However, it is somewhat polarised between those manufacturers and dealers enjoying a modest increase in sales this year and those for whom the opposite is true. Certain marques are seeing reductions in sales demand of around 20% year-on-year. And there will be regional differences too that need to be considered,” added Robert Tallentire, Duff & Phelps.

What is certain is that for many in the industry this will be new territory, a new set of trading parameters that they have not experienced for quite some time. With some 169,000 people employed directly in manufacturing and in excess of 814,000 across the wider automotive industry, it accounts for 12.0% of total UK export of goods and invests £4 billion each year in automotive R&D.

More than 30 manufacturers build in excess of 70 models of vehicle in the UK supported by 2,500 component providers and some of the world’s most skilled engineers.

“The question is what resources and abilities can the average independent dealer draw on to confront the challenge. Manufacturer franchising agreements are not that flexible for the independent dealer with the infrastructure and staffing of the business dictated by franchise agreements. Will these rules be relaxed to maintain dealer networks as the UK goes through the seemingly unending and unsettling Brexit process?” continued Robert.

Dealerships are faced with a business structure predicated on a predominance of fixed costs with labour as the main variable. For many the volume driven bonuses from Q3 that they use to provide a cash buffer for the slower winter months ahead were not earned and consequently were not paid at the end of October. Where dealers have traded outside usual parameters in order to reach bonus volumes, they are potentially now sat on what look like over-priced used vehicles stock, that will be challenging to liquidate and turn into cash. Either way, it feels like there could be a prolonged period of working capital challenges before dealers have the opportunity of a good bonus month again.

For lenders to the sector, the change in fortunes in new car sales and the softening of used car values may have crept up unnoticed. Those that extended seasonal facilities in August and September in the anticipation of a strong end to Q3 and subsequent cash receipts may be wondering quite where they go from here especially after the announcement of the October car sales made by the Society of Motor Manufacturers & Traders (SMMT).

Michael concluded: “Manufacturers will not want to see long standing dealerships suffering and possibly even disappearing as a result of an economic slowdown. Accurate forecasting, planning ahead and embracing of the rescue principles which Duff & Phelps promotes will be necessary to manage a tricky economic period. Our UK advisory team is uniquely positioned to advise dealerships and their stakeholders in a variety of distressed and special situations. Our team has sector experts, recruited from the industry and with real ‘workshop floor’ dealership experience and we understand the challenges being faced, so we would urge those dealerships facing tougher trading conditions to contact us to steer a route through the winter months.

(Source: Duff & Phelps)

Using the website Numbeo to compare the prices of items from all over the world, giffgaff money has found the global destinations (and no-go zones) for anyone looking to save money.

Residents of London, New York, Paris and Amsterdam, look away now. Research into the world’s cheapest and most expensive countries has found that rent in Egypt is incredibly cheap, averaging at ­just £114 a month for a one-bed apartment in the city. Although you might feel a little better to know that a city centre apartment in Hong Kong would set you back £1,562 a month.

Categories used included every day and essential purchases including cars, rent and groceries which giffgaff have used to create maps and graphs to illustrate the vast cost gap in each category.

• Iceland, which consistently has one of the highest costs of living in the world, topped three categories: food and drink, groceries, and clothing and shoes.
• Switzerland also made several top-five appearances, proving most expensive for sports and leisure.
• Tunisia, on the other hand, was consistently one of the world’s cheapest countries and was found to have the cheapest food and drink in the world.

Rent

Living in a city apartment in Hong Kong is simply not possible for most of us, with a monthly rent average of an incredible £1,562 a month. Families hoping to live in the city centre will also face mind-blowing monthly costs, with a three-bed home stretching to £3,715 a month in rent.

Residents of London, New York, Paris and Amsterdam, look away now – rent in Egypt is incredibly cheap, averaging at ­just £114 a month for a one-bed apartment in the city. Families will also save, with a three-bed suburban home costing around £170 a month to rent.

Cars

Driving the picturesque landscape of Eastern European Georgia is a cheap affair, with a Volkswagen Golf priced around £12,072 (compared to £23,638 in the UK) and a Toyota Corolla coming in at just £13,621 (compared to £ 23,724 in the UK).

Singapore, on the other hand, is a pricey place for drivers, with a nippy Volkswagen Golf setting you back an eye-watering £88,474 – a massive £76,406 more than buying the same vehicle in Georgia.

For full results from the research, click here.

(Source: giffgaff)

Following the recent government announcement of plans to prohibit all petrol and diesel vehicles by the year 2040, Britain is weighing up the idea of switching to ‘green’ driving more than ever before.

New research from leading comparison website MoneySuperMarket has delved into the mind of the consumer to determine just how viable this switch is. The research reveals factors such as the true cost of making the switch to electric driving versus driving a petrol or diesel car. It also explores the number of charging points currently available in major UK cities, a key factor in the viability of the plan to turn the UK electric.

The research also highlights the lack of knowledge currently being shared on the benefits of driving electric and public concerns about the feasibility of the 2040 ban.

Is the British Public Prepared?

With 49% of the British public stating that they have never considered purchasing an electric or hybrid car, it appears that education and pricing are crucial factors in the public’s apprehension to go electric. Some of the key findings from the research include:

51% of people surveyed stated price is currently the biggest barrier to them buying an electric or hybrid car.

Nearly 30% of people don’t buy electric or hybrid cars due to lack of knowledge of how they work.

62% of people don’t know that the Government offers discounts and grants on buying an electric or hybrid car

The True Cost of Driving Green

Beyond public opinion, cost is a major factor in the sustainability of the plan to move to electric and a concern for the public as a whole. Fundamental findings on the cost of buying and running electric, petrol and diesel cars revealed that, although cheaper to run, electric cars are not the most cost-effective motor to own overall. Some findings on the cost of running each car type include:

While the upfront costs of petrol vehicles were the lowest, the average running costs of an electric car are 20% cheaper than diesel and petrol engines, with an average saving of £2,109 across 6 years.

Filling up your petrol or diesel car is 5 times more expensive than electric.

Petrol cars boast the lowest average insurance premium (£697.19), whilst electric remains the most expensive to insure at £923.

If drivers switch to electric in 2018, they’ll save almost £8,000 on running costs by the time the ban is enforced.

Taking Charge in 2040

The government’s plan to turn the UK into a nation of electric car drivers rides not only on the cost of the cars over their lifetimes, but also on the feasibility of fuelling these vehicles. Having an appropriate number of public charging points will be key for the success of Britain’s electric switchover.

Data collected on the number of electric car charging points available to drivers in UK cities bring into question whether the UK as a whole is truly ready for an electric revolution. Whilst the capital performed well, with 210 charging points in Central London, other cities fell short. Large cities such as Liverpool and Cardiff had fewer than 10 raising questions over the preparedness of major UK cities for 2040.

For the full details on the true cost of driving green and how the UK is shaping up, click here to see the full research.

Methodology

To create an average for each fuel type, an average was taken of 3 of the top selling cars from petrol, diesel and electric respectively. Data for the upfront costs of each of the 9 vehicles were taken from their brand’s site as well as costs of servicing, road tax and MOT prices. The ‘lifetime’ was measured as 6 years with the average mileage of 7,900 miles a year entered onto the site nextgreencar.com to determine the fuel costs. The overall costs for each model were made into 3 separate averages for electric, petrol and diesel fuel types. The models used included:

-    Ford Fiesta Style – Petrol
-    Volkswagen Golf – Petrol
-    Ford Focus – Petro
-    Skoda Superb Estate – Diesel
-    Vauxhall Astra Hatchback – Diesel
-    BMW 3 Series Saloon – Diesel
-    Renault Zoe Signature – Electric
-    Nissan Leaf Acenta – Electric
-    BMW i3 – Electric

In order to find out the number of electric car charging points per city, the site www.zap-map.com was used.

(Source: MoneySuperMarket)

We are so excited to present you 10 Cars Flying Cars which you can buy nowadays!

Frost & Sullivan expects automotive OEMs, start-ups, aerospace companies and other players to make significant investments in the flying cars market and showcase their prototypes in the next 10 years. Flying cars are poised to usher in a whole host of new business services by 2035, including aerial sightseeing services, air surveillance as a service, aerial critical aid delivery, air taxi pay-per-ride, and flying car corporate lease. The key to achieving mass commercialisation of flying cars and attracting more buyers will depend on increased safety features, optimal regulations, and affordable prices.

Start-ups across the globe which are actively involved in building a future flying car have been identified by Frost & Sullivan and will be presented at Frost & Sullivan's Intelligent Mobility event on the 29^th of June in London. The majority of these companies are based in the United States, however, there are participants from a whole host of countries including the UK, France, Germany, Russia, Slovakia, Israel, Russia and Japan. Among the companies expected to launch flying vehicles by 2022 are PAL-V, Terrafugia, Aeromobil, Ehang, E-Volo, Urban Aeronautics, Kitty Hawk and Lilium Aviation, have completed at least one test flight of their flying car prototypes. PAL-V has gone a step further and initiated the pre-sales of its Liberty Pioneer model flying car, which the company aims to deliver by the end 2018. This and other industry trends will be discussed at Frost & Sullivan's Intelligent Mobility event on the 29^th of June in London.

"It will be interesting to see the first applications of flying vehicles. Although the ultimate goal of manufacturers is to address the issue of personal mobility, commercial applications are expected to commence through recreational activities in the form of what could be termed as a single seater flying scooter," observes Sarwant Singh, Senior Partner Frost & Sullivan. "From flying vehicle rides in amusement parks, aerial sightseeing of landmarks, to a star attraction at events, the recreational potential of flying vehicles is limitless."

During its upcoming annual industry event ‘Intelligent Mobility’, taking place on 29^th of June 2017 at the Jumeirah Carlton Hotel in London, Frost & Sullivan will offer visionary insights into the future of mobility from leading OEMs and tier-one suppliers, prominent industry thinkers, policymakers and disruptors from companies like Jaguar Land Rover, Facebook, Renault–Nissan Alliance, MAN Trucks, the Financial Times, Mahindra & Mahindra, Transport for London, the Centre for Connected and Autonomous Vehicles, as well as PAL-V International B.V. and Mohyi Labs.

(Source: Frost & Sullivan)