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Imaging technology transforming the automotive industry
Business NewsImaging technology transforming the automotive industry15 Nov 20162D, 3D and night vision cameras are "exploding" into the automotive sector, says analyst Yole Développement.Systems based on visible, 3D and night vision cameras are exploding into the automotive space, according to Yole Développement , the Lyon, France-based market research and strategy consulting company.In its latest assessment of imaging technology for the sector, published this week, Yole predicts that revenue will grow at 20% CAGR between 2015 and 2021.
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UK chancellor's Autumn Statement not encouraging for automotive industry – and salary sacrifice gets knocked back
Rupert Pontin, Glass's director of valuations, said: "The chancellor has underlined how tricky the next few months and years are likely to be because of the economic turbulence created by the BREXIT vote."While the underlying strength of the economy is pretty good, at least in comparison with other, similar countries, we are entering a period where growth will slow, inflation will rise and borrowing will be higher."None of these things are good for the general economy and are certainly not encouraging signs for the motor or fleet industries or for private or business motorists.
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Elijah James Barron, 34, mechanic in the automotive industry
PortCityDaily.com is your source for free news and information in the Wilmington area.LELAND — Elijah James Barron, age 34, of Leland, passed away suddenly on Nov. 22, 2016, as a result of a tragic automobile accident.He was born on July 6, 1982, in Wilmington, NC.
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Infrastructure and automotive industry investment central to automotive statement
While the consumer pre-coverage of the Autumn Statement focused on government's decision to ban upfront residential fees letting, in fact Chancellor of the Exchequer Phillip Hammond revealed something of his past as a transport secretary by announcing a series of investments in transport.At the top of the list, £23 billion to be spent on innovation and infrastructure over five years.The chancellor also announced £2 billion per year by 2020 for research and development funding.
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