oil for BMW Conversion of worthless cars into something really luxurious
Renovation of old cars is a very profitable venture, especially when really we gain experience in this matter, and cars leaving our workshop turned into real gems automotive industry. While many people engaged in this activity are people who have no training in this area, it does not mean, however, that renewed their cars are worth nothing. Not only that - very often replace an old car in a modern and luxurious car turns out to be really gold investment. No wonder that the number of people interested in restoration of stylish and often very old cars is expanding from year to year.
Automotive industry - economy
Around the world, there were about 806 million cars and light trucks on the road in 2007, consuming over 980 billion litres (980,000,000 m3) of gasoline and diesel fuel yearly.7 The automobile is a primary mode of transportation for many developed economies. The Detroit branch of Boston Consulting Group predicts that, by 2014, one-third of world demand will be in the four BRIC markets (Brazil, Russia, India and China). Meanwhile, in the developed countries, the automotive industry has slowed down.8 It is also expected that this trend will continue, especially as the younger generations of people (in highly urbanized countries) no longer want to own a car anymore, and prefer other modes of transport.9 Other potentially powerful automotive markets are Iran and Indonesia.10 Emerging auto markets already buy more cars than established markets. According to a J.D. Power study, emerging markets accounted for 51 percent of the global light-vehicle sales in 2010. The study, performed in 2010 expected this trend to accelerate.1112 However, more recent reports (2012) confirmed the opposite; namely that the automotive industry was slowing down even in BRIC countries.8 In the United States, vehicle sales peaked in 2000, at 17.8 million units.13
Źródło: https://en.wikipedia.org/wiki/Automotive_industry#Economy
The obligation to insure the car
Each driver must obtain the ambiguous insurance. As a result, in the event of a fault in our car accident or get compensation. This money, in many cases, are a really big contribution to the return to the previous state. What's more, we are the perpetrators of a road accident, our insurance makes wronged our people have the necessary money to carry out repairs. Insurance of each vehicle is actually mandatory. In case of detection by the police or other services of the current lack of insurance for the car, we can reckon with severe financial penalties. It is therefore aware of the periodic renewal of our insurance.