Fiat Chrysler has withdrawn a proposal for a merger with Renault. It said the political conditions are not suitable for such an arrangement. Fiat Chrysler had proposed a ‘merger of equals’ with Renault last week which was welcomed by financial markets and given a conditional green light by the French government. However, French finance minister [...]

Ford will close its manufacturing plant in Bridgend, South Wales in September next year, casting huge question marks over the workforce of about 1,700. This is according to union sources, who have been meeting Ford chiefs this morning. The BBC has reported the company has blamed ‘under utilisation’ for the decision. In 2015 Bridgend won [...]

The number of women in workshops is on the increase, according to nearly two thirds of automotive professionals. A study by CitNOW found that 61% of automotive professionals have seen an increase in the number of female workshop personnel over the last five years. The research also found that nearly three quarters (77%) of those [...]

A technology start-up developing sensors adept in adverse weather and at night has completed a $17m series A funding round. Israeli company TriEye has innovated Short-Wave-Infra-Red (SWIR) sensing technology. It has secured funding from Intel Capital, with other investors including Marius Nacht, co-founder of Check Point Software Technologies, and TriEye’s existing investor Grove Ventures. Its [...]