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New BMW M3 and M4 revealed for 2014
Thu, 12 Dec 2013This is it, folks – this is your early petrolheaded Christmas present: BMW has released full details of the new BMW M3 Saloon and M4 Coupe. And we do mean full details. Output of 431 turbocharged horsepower is the headline, but really it’s the extent of the engineering overhaul carried out by BMW’s M division that really stuns the senses here.
Overseas embassies in London refuse to pay £77m on Congestion Charge
Thu, 30 Jan 2014ALESSIA PIERDOMENICO, Newscom, RTR More than £75 million in Congestion Charge fees is owed by London’s foreign embassy staff who refuse to pay it. The staggering figure is revealed in a report which names and shames 71 countries which have each racked up debts of more than £100,000 since the scheme launched in February 2003. According to figures compiled by Transport for London (TfL) and seen by MSN Cars, the total amount outstanding from them – up to 14 January 2014 – is a whopping £76.9 million.
EVs are Dead, Long Live Tesla says Morgan Stanley analyst
Fri, 30 May 2014The Tesla Model S is the only successful electric car The experiment of getting the car buying public to believe an electric car is a sensible alternative to an ICE car isn’t an unmitigated failure – but it’s close. And now Investment Bank Morgan Stanley has come out and stated the obvious: Apart from the success of Tesla, electric cars are a failure, falling far short of sales predictions and likely to see no real growth in the coming years. Morgan Stanley declare that we will still all be driving ICE cars for the foreseeable future, and despite predictions that as many as one in ten cars will be BEVs by 2020 the reality is likely to be less than one in a hundred.