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 [...]

In 2000 global vehicle production stood at 58,374,162, but by 2018 this had risen to 91,538,640 – that’s a massive 157% increase. But which countries dominate the automotive industry, and has their share of the global car market changed over the years? And what about Brexit – could it affect the automotive industry? Quotezone.co.uk explores [...]

Renault is considering a proposal received from FCA (Fiat Chrysler Automobiles) to merge 50/50. Its board of directors has decided to study the opportunity of such a business combination. A further communication will be issued in due course to inform the market of the results of these discussions, in accordance with applicable laws and regulations. [...]

François Wales has been named to take over from Bruno Famin, who is joining the FIA’s Office of the secretary general for Motor Sport as director of operations. In the course of the past year, François has been responsible for the development of vehicles for PSA Motorsport customers, as well as of the Peugeot Sport [...]

Ford has announced it will cut up to 7,000 jobs, with about 500 expected to be in the UK. It currently employs about 12,000 people in the UK. Ford’s chief executive Jim Hackett said, ‘The total number of positions impacted in the UK is still to be determined.’ The cuts will be made by the [...]