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Tracker launches ‘My Tracker’ & opens up a whole new market

If you have a car that costs a bit more than average, you’ve probably been told you need to fit a Tracker if you want to get it insured, so the insurance company has a fighting chance of recovering your car in quick sticks if a light-fingered lout makes off with your pride and joy. It’s a clever system that uses hidden sensors to track the car’s movements and helps the police find your car when it’s been stolen. And it’s a good business for Tracker, who have demonstrated the recovery rate of stolen vehicles is far higher when their system is fitted which means a ready market when insurance companies insist it’s fitted to high value cars.

EV car maker Aptera shuts down

Automotive startup company Aptera Motors, promoter of the weirdly styled, three-wheeled 2e electric car, shut down on Friday, saying it was out of money. The company said it was unable to raise funds from private investors that would have kept it going until it received a $150 million loan from the Department of Energy's Advance Technology Vehicle Manufacturing program. "This is a difficult time for everyone connected with our company because we have never been closer to realizing our vision," CEO Paul Wilbur said in a statement.

Dr Zetsche opens CES with keynote speech

Hot on the heels of the unveiling of the new Mercedes-Benz SL in Detroit yesterday, Dr. Dieter Zetsche, Chairman of Daimler AG hot-footed it to Las Vegas to open the Consumer Electronics Show (CES) in Las Vegas with a keynote speech that highlighted the company's direction in the ever-important tech space. Car Design News made a similar journey from Michigan to Nevada to bring you the headlines.