Showing posts with label cars. Show all posts
Showing posts with label cars. Show all posts

Friday, 3 May 2019

Why Car Ownership Is Becoming a Thing of the Past

For decades, car ownership has been an aspiration and something to enjoy, as well as a tool. Recent trends suggest this may no longer be the case for many.



As the roads of the horse-drawn carriages of the Victorian elite have now become filled with the chauffeured Rolls-Royces of today's upper class, how you travel has remained a matter of social status. Having your own personal car has long been an aspiration, a sign of social achievement: as Margaret Thatcher once said, "A man who, beyond the age of 26, finds himself on a bus can count himself a failure." This quote exemplifies the attitude of the majority, that led to the boom of car ownership in the latter decades of the 20th century.

Times have changed, though. Brits today use cars for 14% fewer trips per year than they did in 2002, travelling 10% fewer miles. While in the 1990s, 80% of 30 year olds were driving, today 80% is only reached by the age of 45. Growth in car ownership has slowed substantially, and as a result many believe that we have reached 'peak car'- and should only expect car ownership to be in decline in the near future.

Some clear trends have emerged in the 21st century that provide some reasoning for why car ownership seems set to become a thing of the past. Environmental awareness is a massive change; car drivers were happy to purchase ice cap melting gas guzzlers in the 20th century, and, to be honest, many people still are (see the wealth of unnecessarily large diesel 4x4s that patrol the streets of London), but there has been a clear shift of consumer demand away from fossil fuels. This has given rise to the phenomenon of hybrid cars, that can operate for periods without burning petrol, and is currently driving appeal of fully electric vehicles (EVs). EVs are not quite there yet- thanks to low supply and the relatively new technology, prices of electric cars remain a barrier for most, as does the young network of infrastructure to support them.

In the meantime, the fossil fuelled cars available currently are unacceptable in their environmental impact- hence why they choose to seek alternatives to car ownership, whether it be public transport, cycling or walking.

Better public transport, has also helped reduce the need to own a car. For citizens of large cities like London, public transport has come on leaps and bounds in the past decades, with metro networks like the London Underground, trams and buses becoming a part of many people's daily commutes. However, the benefit of public transport has been unevenly spread, and focused heavily in metropolitan Britain- rural access to buses has become notoriously poor, given a lack of investment, and consequently car ownership in rural Britain remains higher than in urban areas.

A simple truth is that many people simply can't afford to purchase a car. Car prices aren't just rising- but running costs too, particularly fuel, tax and insurance. Even storing your car has become harder: Properties with car parking command a premium, car parking charges are exorbitant in most places and employers are increasingly keen for their staff to find other ways to get to work (for example, Vodafone provides free of charge employee bus services to its Newbury HQ). While driving remains for many a cheaper, more reliable alternative than the train, efforts are being made to shift from personal to group transport, where emissions per traveler are substantially lower.

The youth have been instrumental to all of the above. A new generation has grown up without the innate urge to whizz around at the helm of a car they could call their own, that was so appealing to previous generations. The youth are actively aware of the climate issues the world faces, and how cars contribute to this. They are happy to commute via public transport, cycle or just walk. And today, young people are those particularly feeling the economic pinch, with disposable incomes stagnant and car insurance for young people at an all time high.

Many carmakers see a future in which customers pay
for the service of car usage, rather than a specific car-
a 'Netflix for Cars'
The phenomenon of car leasing has existed for a long time, and continues to grow, but the wealth of technology at our fingertips means that we have no shortage of ways to flexibly use cars without owning them. Turo is a service that claims to be an 'Airbnb for your car', where people cant rent cars put up on offer by owners. Companies like Zipcar own cars dotted around major cities, which users can pay to use by the hour, being able to unlock the car via their smartphone. These systems are already in place and mean that anyone needing access to a car can find one pretty quickly and easily, and they don't need to worry about insurance, road tax and so on- just pay as much as you use it.

This is just the start: car manufacturers like Tesla and Mercedes-Benz are planning to make their cars open to anyone who needs to use them. The majority of time that you own a car, it will be still- parked up at home or at work. With self-driving technology on the horizon, these firms envisage a future where your car drives you to work, before driving off during the day to act as a 'robot taxi', earning you money, before coming to pick you up at the end of the day. Or, you may come to work in one car, which someone else then takes to use, and you grab another car to go home- meaning you don't own one specific car. Rather, you have access to a wide network of cars.

Ownership in general seems to be a concept that is fading away. Home ownership has been in decline in many countries, as people seek to rent. We now subscribe to 'on demand' services like Netflix rather than buy and store our own movies. So perhaps it makes sense that cars should follow suit.

It's a shame for car enthusiasts, certainly. The days of a car being a 'pride and joy' on your driveway appear to be numbered, as self-driving cars also look set to enter the mainstream in the coming decades. But undoubtedly, for those who see a car more as a tool to get from A to B, which most people do, the future promises a more flexible and perhaps affordable prospect for car usage.

Friday, 8 December 2017

How Will Autonomous Cars Change Our Economy?

Self-driving cars are about to become widespread; the advantages these vehicles have over traditional cars are obvious. One question then is how will this automation impact the economy? Mark Slater investigates...
image: pursuitist.com
Mark Slater
AutoMax, North Carolina

Self-driving cars navigating themselves by computer are becoming an actuality in the 21st century. In fact, it is projected that by 2030 over 50% of the cars on the streets will be driverless
. It’s time to carefully examine the effects this will have on our economy and to what extent.
Automated vehicles do have some incredible benefits. It is believed that accidents will be reduced by a considerable amount, mostly because it is estimated that 93% of all vehicular accidents are caused by human error. This is probably one of the best features these cars will bring to the table, but since the roads will be safer when you look at it from the perspective of an insurer or injury lawyer you see the loss of revenue as a direct result of these vehicles. Accidents cost the USA US$900 billion every year in repairs and administration costs- which will also be greatly reduced by the advent of autonomous cars. This could have a massive impact on the economy.
Still, car dealership mechanics need not necessarily fret, as even though there will be a reduction in accidents and the repair work mechanics perform there may actually be an increase in their workload due to a higher need for maintenance as a direct result of an increase in daily automotive use from convenience and vehicle sharing. Mechanics would certainly have to become accustomed with the innovative technology and get themselves through the necessary training. If they invest in these skills they could actually see a substantial increase in revenue over the next few decades.
Morgan Stanley believes US governments could lose US$1.3 billion from more esoteric revenue sources such as parking fees. This is mostly because automated cars can be on the road much more. Here is an example: imagine a parent going to work in the morning and directing the car to go back home and take his daughter to university before directing it to come back to pick him up. The vehicle will have much less need for a constant place to park all day.

Similarly, there will be a widespread reduction in the number of parking garages and parking spaces needed, which will allow for more apartment and office space development. Consumers, and not government, will benefit from this more. There is also a projected reduction of vehicle ownership from an average of 2.1 non-automated vehicles per household to 1.2 driverless vehicles per household, and this would reduce government revenue from vehicle registration fees.

Car ownership could even cease to exist by 2030. A Columbia University study suggested Uber would need just 9,000 autonomous vehicles to completely wipe out all taxis in New York City, with consumers only having to wait 36 seconds on average for a ride.

When these vehicles start to show up more, people will naturally be skeptical of how safe they are. This will be the response until these cars start to gain more recognition for safety. When this happens, the travel industry could also be heavily impacted. Why would anyone book a domestic flight or a hotel when they can have their car drive them somewhere overnight while they sleep safely in the vehicle? Why would anyone go through the trouble of reserving a room or even spending any money on a room when their car could drive them the whole way in privacy and luxury? Highway motel operators will take a big hit when these cars become more common.

It is estimated that trucking companies could save up to US $500 billion dollars annually by 2025. This would, however, cause many truck drivers to become unemployed. Indeed, there are many other drivers that will be affected such as taxi drivers, bus drivers, and even shuttle drivers. This level of job loss could put a real strain on the economy through unemployment.

On the other side of things, however, IT workers and analyst will see a positive impact as they will be more important in the age of automation. Disabled people will also benefit from these vehicles as their mobility, freedom, and income are expected to increase.

Despite the shifting tides, driverless cars could add as much as $7 trillion to the global economy. There will be winners and losers as with anything, but these vehicles will make our lives more efficient, safer, and convenient.


Wednesday, 15 June 2016

Norway To Ban New Fossil Fuel Cars By 2025: What Effects Will This Have?

Rumours are abound that Norway will outlaw all sales of new fossil fuel-powered cars by 2025- how will this impact the country, its people and its businesses?

Tesla Model S (Image: caricos.com)
A lot of Norwegians own electric cars. 24.4% of all new cars sold in Norway in the first 3 months of 2016 were plug in electric cars- that's pure electric, not including hybrid cars. This is rapid shift away from traditionally powered cars towards electric is just part of Norway's environmental drive (they were also the first country to ban deforestation), which through effective incentivisation has resulted in the Scandinavian nation becoming the world's leader in electric car usage.

So if any country were to ban fossil-fuelled cars in the near future, Norway would be it- but, other than the typical environmental effects, what would be the impact of such a law?

Firstly, it'll be a massive win for some car companies, especially Tesla (whose entire lineup is electric) and Toyota (another leader in electric, and now hydrogen, technology). It's no surprise that Tesla founder Elon Musk immediately tweeted out a message saying "You guys rock" to the Norwegian government upon hearing the rumours. While other manufacturers do make cars that will still be eligible for sale, no doubt these two in particular will have a bit of a head start due to the proliferation of electric power already in their range of cars.


Other companies will have to buck up their ideas, and accelerate their shift away from petrol and diesel. It is highly unlikely that Norway's law change will provoke a revolution in the car industry and lead to a complete redirection of existing strategies, but electricity and other alternative energies are already likely to be in the future plans of most firms due to the inevitable oncoming demise of fossil fuels.

But they will have to improve their current efforts. BMW, for example, does produce hybrid and PHEV versions of its most popular 3 Series model, but sales are incredibly low, largely due to the high prices. For Mercedes, Audi, Nissan and many other companies it's the same story. These firms will have to devote increasingly more effort in both innovating alternative fuelling technologies and also in making these cars more affordable. BMW has already embarked on this journey, with its new 'i' series of cars- but even for them, it's early days.

These carmakers will have to step in by 2025, because Toyota and Tesla alone cannot cover all the bases and demands of the Norwegian people. They will certainly try, but many people will remain loyal to other brands and demand that they be catered to, post-ban.

An interesting issue arises when you consider what happens to companies that are unlikely to be so receptive to electric power. This is hardly going to be a headline issue, because it concerns very niche manufacturers such as Lamborghini, but it does raise the possibility of many Norwegians hopping across the border to purchase a petrol or diesel car and bring it home.

The used car market may also receive a boost. The ban is expected to only affect sales of new cars, and considering that electric cars are generally pricier than their fossil fuel equivalents, many people with less money to spend will be forced to resort to the used market.

Consider the effects of this new law on the fuel industry in Norway. Thanks to the North Sea, its economy benefits hugely from oil consumption, so it seems counterproductive that Norway would risk damaging its own revenues by banning fossil fuel cars. However, the Norwegian government knows its stock of oil will not last forever. It has begun weaning itself off oil, and this is a part of that process. It's a move that may have minor short term negative repercussions, but arguably in the long term is the most sensible, as it reduces the risk of any massive future crises.

On a more local level, petrol stations will also have to adapt. They will not close down (fossil fuel cars will remain on the road), but we may see an increase in the trend of electric charging points opening up at these stations, eventually (in the long long run) replacing petrol pumps.
Could the traditional petrol station become a thing of the
past in Norway?

However, it's not a simple case of adding charging points alone. Charging an electric car can take hours at most, so resting areas will have to be provided, like lounges or coffee shops. This will be a further cost to petrol sellers, but will benefit popular coffee retailers and may ultimately create new jobs.

It's key to remember though that there's one crucial determinant of all that we've talked about, and that is the rate of innovation in electric and alternatively fuelled cars. For example, if electric cars can by 2025 charge in 2 minutes, or if hydrogen cars (which fuel in the same time as a petrol car) becoming popular, the last paragraph may be completely incorrect. If automotive firms are able to quickly produce budget electric cars, perhaps the used car market may not receive such a significant boost, and Tesla and Toyota may not dominate as much as we've proposed.

The rumoured law changes will undoubtedly be interesting to see unfold, and could if successful inspire many other countries to follow suit in the future. The next 8 years are crucial to its success; if, by 2025, electric cars remain more expensive and inconvenient than their fossil fuelled counterparts, the proposal may be a failure.

Wednesday, 10 February 2016

What Tesla Motors Must Do To Make The Model 3 The American Car Of The Next Decade

If Tesla Motors play their cards right, their upcoming Model 3 could be the defining car of the next decade.



The Model 3 could define the future of automobiles- a fully electric, tech-packed compact executive car from the Californian firm that is expected to go head to head with established models from Mercedes, Audi, BMW and Jaguar.

Its older, bigger, more expensive sibling the Model S is already doing a fantastic job of taking on Germany and Britain's finest- but it could be the Model 3 that brings Tesla Motors to the mass market. Especially because, as Elon Musk announced yesterday, it will start at just $35k. To make the Model 3 into potentially the best-selling car in the USA, however, Tesla will need to keep in mind the following things...

1) THE CAR
Of course, the most crucial factor. If the car is terrible, no one will want it. The car, of course, must be comfortable, spacious (for its class) and be practical- easy to use on a daily basis to ferry the family around, or go on business trips.

Design-wise, the Tesla Model 3 has some tough competition. The interiors of the Mercedes C-Class and Audi A4, two of its major rivals, are setting the benchmarks for the compact executive class of car, and in order to match these, Tesla will have to take into account some criticisms of the current Model S' interior quality.
The Model S has excellently capitalised on current
technology trends.
Technology is key, too. Tesla have already set a great example with the Model S- they have effectively capitalised on our modern habits, of spending time looking at screens (it has the biggest infotainment display of any car on sale today), and basically doing nothing (as well as driving itself on the highway, the Model S can now park itself and be 'summoned' back to you when you return). This autonomous aspect of cars is a massive trend right now, and with companies like Mercedes and BMW beginning to get in on the action in their more premium cars, Tesla needs to push on and implement these on the Model 3 to stay ahead in the compact executive class.


The most crucial factor, however, in the Model 3's sales may well be pricing. At a price of $35k (including incentives, potentially $25k), the Model 3 is set to be a bargain compared to its premium competitors. The Model 3 will be even cheaper than some of its non-electric rivals (see image), let alone its few electric/hybrid class competitors in the USA. So if the quality is right, Tesla can expect to cause some disruption to its competitors' sales.

The Model 3 will be cheaper than even the non-electric cars from its competitors BMW and Mercedes.
Given that the expensive Model S and new, even more expensive Model X have established Tesla as a premium carmaker, one could question whether such a drastically cheaper new model could tarnish this image. However, take a company like the phonemaker OnePlus- their phones are substantially cheaper than the competition, though the quality of the product and their branding and marketing is on par, if not better, than other phonemakers. Consequently, its image is not tarnished by the price of its phones, perhaps the contrary- they are in fact admired by many. It is possible that Tesla, if they maintain their marketing and branding efforts, could be in the same position.

The overall quality of the Model 3 will be crucial. If the quality is too poor, the Model 3 will not be seen as a viable competitor to the cars from Germany and Britain. And if the quality is too high, at such a low price, Tesla Motors runs the risk of cannibalising sales of its more expensive Model S. So, balance is key.

2) Infrastructure
Tesla has a sufficient number of Supercharging stations, but
will require a larger network if the Model 3 is to succeed
in capturing the mass market.
One of the biggest gripes about electric cars right now is that they are inconvenient to live with on a daily basis, primarily due to the (lack of) charging facilities. Of course, by the time the Model 3 comes out there will not be as many Tesla Supercharger stations as gas stations, but Tesla needs to prepare in advance for the potential growth of their customer base. Few customers will be persuaded to put down a deposit for a Model 3 with a promise of a Supercharger somewhere near them coming in the next few years. They want it to be there, ready for when they get the car. So Tesla needs to expand its Charging network sooner, even if for a short while there may be too many chargers. Because if the Model 3 succeeds, there won't be too many chargers for long.

Tesla Motors needs to prepare their production facilities, too. Production delays caused by a lack of preparation left some customers of the Tesla Model X waiting 3 years after having paid a $40k deposit for their car to be delivered. This had terrible implications for the company, contributing to Tesla Motors stock falling by 38% ($12bn) in market value so far in 2016 alone. With a far cheaper car like the Model 3, Tesla needs to anticipate the volume of demand and ramp up its production facilities far in advance of orders. People purchasing cars as expensive as the Model X are arguably more used to lengthy waiting times for their cars- the more mass market potential consumers of the Model 3, not so much.

3) Incentives
Tesla, unlike many other car companies, have established incentivising referral programmes for its cars in the past. For example, anyone who used a referral link from a Tesla owner last year would get $1000 off the price of their new Model S. The people who gave out the most referrals in each continent would receive a top of the range, 'Ludicrous' Tesla P90D Model S and VIP access to the unveiling of the Model 3. If you were the first person to convince 10 others to buy a Model S, you'd get a free Model X. And so on.

Tesla is developing its family of cars with the addition of the
Model X (right) and Model 3 to the Model S (left).
Perhaps with the Model 3, however, Tesla could introduce a more long term incentives program. Something I was pondering over was the idea of a 'Tesla Upgrade Program'. Here's the idea: you buy your Tesla Model 3 on a contract (giving monthly payments for 3-5 years), before you're offered the opportunity to give back the Model 3 and go up the ladder to purchase/lease a Model S, at a discounted price. Keep that for 3-5 years, paying monthly, before being offered the chance to get a Model X at a discounted price.

If you think about the typical expected buyer of a Model 3, this program could make sense for Tesla. Young professionals will no doubt be big buyers of the Model 3, people aged 27-35: lawyers, consultants, doctors, financiers. These people probably wouldn't be able to afford a Model S or X, but they could get into the Tesla brand through the Model 3. Then, as they get older, their salaries are likely to increase. They may also develop their own families, and thus the need for a bigger car- and they may well be able to afford it. So they upgrade to a Model S, then after another few years they could even need space for 7- so they upgrade to Model X. This incentive upgrade program would keep buyers of the Model 3 in the Tesla family, and adapt to the developing lives of these loyal customers. This loyalty will become incredibly important for Tesla in the coming future, as other carmakers catch up and begin releasing electric cars of their own.

To conclude, the Tesla Model 3 definitely has the potential to be a key player in electric cars truly becoming the norm in the US mass market. As long as Tesla makes sure the car is of a good enough quality, puts the pricing just right, develops the right infrastructure for the production and maintenance of the car, and perhaps establishes a good incentive program for buyers, it could become a, or even the, best-selling car of the next decade.

Please Note: All images of the Tesla Model 3 are purely speculative illustrations. The car is expected to be unveiled next month in March 2016.

Tuesday, 22 July 2014

German Cars: What Makes Them Special?

If you were to ask someone on the street what car they would like to own, without doubt among the most popular brand selections would be BMW, Mercedes or Audi.
These three German manufacturers have taken the global car market by storm in recent decades, and are now the epitome of the well-built, high quality yet mass-marketable luxury car.


VIDEO: http://bit.ly/XHupq2

Of course all their cars are not necessarily of the best quality on the market- the likes of Aston Martin and Ferrari to name just two produce cars closest to perfection- however the crucial aspect to why BMW, Mercedes and Audi are more successful and relevant to this discussion is because they are open to the mass-market. The average middle-class family cannot afford a four-door £150,000 Aston Martin Rapide; though a £23,000 BMW 3-Series is within the reach of many, an achievement highlighted best by how it has consistently maintained a spot in the ten top-selling cars in Britain since 2004. 

The success of the German car industry can especially be noted when compared to that of Britain's. In 2011, Germany produced 5.9 million cars, the highest number in Europe- Britain a paltry 1.3 million- many of these not for British brands but for foreign ones such as Nissan and Honda. 
And the domination of the Germans extends much further- two typical 'British' car makers, Bentley and Mini, are in fact far from British; Bentley is owned by Volkswagen, Mini by BMW. 
There are in fact no longer ANY mass-market 'purely British' brands- Jaguar, Vauxhall, Land Rover, even Aston Martin, are all foreign-owned. 

Germany's success in the car industry must also be put into perspective- consider that less than a century ago the nation was facing huge economic turmoil, the sort that provides textbook examples of hyper-inflation: the wheelbarrows of cash, the 200 million mark loaves of bread, the extremely volatile prices, the lot. 

Post-war reparations had put Germany in a terrible state in the early 20th century- but looking at Germany now, with such economic might that makes it the most influential state in the EU, it is clear that the German system has produced fantastic results.

There are numerous reasons for the Germans' successful car market, but one key reason is the industrial mindset, the 'manufacturing culture' that is fostered by the Bavarians. 


Britain's manufacturing industry has had a rough last 30 years- in this period shrinking by two-thirds. Margaret Thatcher's time as PM during the 1980s to many killed the secondary industry in Britain. I'm sure you've seen the images of striking factory workers, unhappy at Thatcher's crushing of worker unions and the closures of numerous car factories throughout the nation. 

Meanwhile, Germany has only been growing since the Second World War- whereas British car factories became a battleground for a class war between management and labourers, German factories were tight-knit, harmonious and therefore far more efficient. 


The closer relationship between workers and management is part of Germany's attention to what is known as the 'social market economy'- a type of capitalism that does not co-ordinate market activity itself, but at the same time provides support for society- be it in the form of universal healthcare, unemployment insurance and, most relevant in this discussion, trade unions. German workers enjoy among the highest secondary sector wages in the world, and are provided good working conditions. In contrast to the system in the USA for example, where entry-level factory wages were halved from $28 to $14 an hour, the Germans' higher investment in the workers pays off, creating a more co-operative and committed environment, where workers develop loyalty to their company, an idea almost lost in the US labour economy. 

German workers are in fact the most loyal in Europe- the job market is far more stable, meaning companies can afford to invest more in long-term training, and crucially it means workers on the production line are experienced and efficient in their job.

Output is also helped by the power given to the workers on the German production line. Almost all German factories will have members of the regular workforce on the executive committee of the factory- as a result the workers are given a voice in the running of the factory, and have the power to suggest changes that may improve efficiency. 

To those who may believe this system can be abused to benefit the workers at the cost of the company, this is where the German system really makes a difference. Loyal German workers who are decently paid already are more likely to not abuse their power to push such agendas.
This system making workers a part of the running of their factories increases the workers' morale, making them feel more empowered as part of a democratic operation.

The education system is arguably the biggest factor in German industrial success. Whereas in Britain all youths are pushed through the same educational system until the age of 16, after which they are offered either further education or half-heartedly the option of vocational education- such as BTEC, or Apprenticeships.

These being relatively young programs, they are not well-established and are avoided by many students, partly as they are seen as for those intellectually inferior to the further educationers (certainly not always the case).

Meanwhile Germany offers more choice to specialise at an earlier point. After the age of 10 (or 12 in some areas) student can study at the Gymnasium to pursue higher education such as university, or can opt for the Realschule or Hauptschule, schools that will provide education in core subjects such as Maths but have a heavier focus on vocational education and practical work experience.


These extra years provides a head-start for German workers and has created skilled, respected workers, ready-made to enter the world of manufacturing at the age of 18. German factories have had no shortage of skilled workers- and as a result the production lines are efficient and smoother than most others in the world.


Germany have certainly set the benchmark for efficiency in the manufacturing industry. It must be noted that Japan are similarly capable in car production. 

Worker empowerment, the social market economy and an established, effective specialist education system have propelled Germany to the top of the global car industry- and while other countries may not be able to fully translate German practices into their own car industries, it is certain that they can learn lessons from it.


SOURCES (And recommended reads): 

How German cars beat British motors - and kept going bbc.co.uk/news/magazine-23406467 (BBC, 2013)

Mercedes Benz, BMW and Audi Seen as Top Three Car Manufacturers in Terms of Overall Brand Quality By Europeans, According to New Harris Interactive Survey prnewswire.co.uk/news-releases/mercedes-benz-bmw-and-audi-seen-as-top-three-car-manufacturers-in-terms-of-overall-brand-quality-by-europeans-according-to-new-harris-interactive-survey-155096425.html 

Why doesn't Britain make things any more? www.theguardian.com/business/2011/nov/16/why-britain-doesnt-make-things-manufacturing (The Guardian, 2011)

Manufacturing lessons from Germany

German Lessons: DEVELOPING INDUSTRIAL POLICY IN THE UK www.tuc.org.uk/sites/default/files/tucfiles/germanlessonsedit.pdf

US carmakers cut pay as Australia's hourly rates soared www.theaustralian.com.au/national-affairs/us-carmakers-cut-pay-as-australias-hourly-rates-soared/story-fn59niix-1226779288772?nk=7680174eef8fa1a758fb359ff5cd292a (The Australian, 2013)

Consumer confidence drives record year www.smmt.co.uk/2004/01/consumer-confidence-drives-record-year/ (SMMT, 2004)

German workers 'most loyal in Europe' www.thelocal.de/20121014/45553 (The Local, 2012)

German School System www.howtogermany.com/pages/germanschools.html