Upstream Security, a pioneer of the cloud-based cybersecurity platform for connected cars and autonomous vehicles, has secured $9m in Series A funding, led by CRV (Charles River Ventures). The round included expanded investments from Israeli-based Glilot Capital Partners and Maniv Mobility. Following a $2m seed funding round in June, the company will use the latest [...]

Volvo Cars has started to develop its autonomous drive cars with Swedish families who will test its cars on the public roads of Gothenburg and feedback their impressions to Volvo Cars engineers. The first two families, the Hains and the Simonovskis from the Gothenburg area, have now received the Volvo XC90 premium SUVs with which [...]

Lighting and electronics expert HELLA and Chinese BAIC Group company Beijing HAINACHUAN Automotive Parts Co have agreed to expand their existing collaboration, which has focused on the development and production of lighting systems for the Chinese market, to cover the electronics and aftermarket business. HELLA and BHAP therefore intend to extend their collaboration with the [...]

Fix Auto has signed of a partnership agreement between Fix Auto China and the People’s Insurance Company of China (PICC), which handles about 20 million claims each year. The collaborative agreement was announced during a signing ceremony held at Fix Auto China’s first annual national conference in Suzhou on 27-28 November, which was attended by [...]

A Mercedes dealership accused of demanding a ‘mafia-style’ bribe from a New York bodyshop in exchange for renewing an OEM certification sponsorship has fired back with a defamation countersuit. An attorney for Celebrity Auto of Westchester accused North State Custom and owner Greg Coccaro Jr of acting ‘in reckless disregard for the truth when they [...]