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![]() | 11/27/2015 European Photo Radar Firm Reports Financial LossEuropean photo radar giant Sensys Gatso announces $3.5 million third quarter loss to Swedish investors. Redflex Traffic Systems is not the only photo enforcement company facing financial troubles. The European speed camera giant Sensys Gatso announced on Thursday that its operating cash flow was in the red by 30.1 million Swedish kroner (US $3.5 million) for the latest quarter.
As Redflex CEO Paul Clark confirmed last week, photo enforcement is on the decline in the United States. The latest Sensys Gatso figures raise new questions about the health of the automat ... | ||
![]() | 11/25/2015 New Mexico State Senators Attack Automoble ImpoundingNew Mexico lawmakers take aim at Albuquerque for ignoring law outlawing the civil forfeiture of automobiles. | ||
![]() | 11/24/2015 Federal Appeals Court Tosses Anti-Camera SuitSecond Circuit US Court of Appeals rejects civil rights lawsuit against Nassau County, New York camera vendor. | ||
![]() | 11/23/2015 France, Italy: Speed Cameras MockedSpeed cameras are mocked in France and smashed in Italy last week. | ||
![]() | 11/20/2015 Redflex CEO Confirms Photo Enforcement On The DeclineRedflex admits there is no more room for growth in the US red light camera or speed camera market. |
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