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Local authorities cashing in with CCTV fines
Tue, 15 Apr 2014Councils are turning to CCTV cameras and spy cars to raise £312m in revenue, that’s according to Traffic Spies, a report published by civil liberties group, Big Brother Watch. Using a series of freedom of information requests, the group has discovered that many councils are continuing to use CCTV to hand out fines, despite the government’s Surveillance Camera Code of Practice, which highlights the need to use CCTV for traffic offences “sparingly”. Council parking ’spy car’ gets speeding ticket Cameras to catch illegal parking on the school run Yet despite this, the number of CCTV cars in operation has increased by 87% since 2009.
Saab on brink of closing after GM rejects rescue plan
Mon, 19 Dec 2011Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.
Vauxhall & Opel could merge with Peugeot Citroen.
Sat, 13 Oct 2012GM Europe (Opel and Vauxhall) could extend their deal with PSA (Peugeot Citroen) with a Joint Venture or merger. When GM Europe and PSA announced they were forming an alliance earlier this year, we asked if this was an admission that the mainstream car market in Europe had changed forever, and an alliance between Opel, Vauxhall, Peugeot and Citroen was the only way to keep the brands viable. But we did also question what use a projected annual saving of €2 billion by sharing suppliers and co-developing platforms would be to PSA and GM considering their woeful losses.