Margareta Pagano has a fascinating comment piece in the Independent citing three possible game changers in the world auto industry

1/ The takeover of Volvo by Chinese car maker Geely 2/ A sizeable investment in research by the Norwgeian government in advanced batteries for the next generation of electric cars 3/ Research in Italy about a new business model for car finance built around leasing vehicles rather than buying them - this (according to Pagano) could be the tipping point for the industry

“leasing cars is the future; it’s cheaper and more sustainable as the manufacturer takes back the cars to recycle. Imagine that, no more second-hand dealerships; no more Arthur Daleys.”

How might a move towards leasing vehicles affect the car insurance industry? There is a growing market in car rentals - especially for those wanting short-term mobility around cities. Can leasing ever take-off from the household sector?

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