Category: Industry Focus Areas

July 8, 2020

FRANKFURT — Audi’s new CEO, Markus Duesmann, plans to seize the deepest industry slump in decades to make the automaker nimbler and restore its technological edge after five years of management turmoil. Duesmann intends to review Audi’s product lineup and […]

July 8, 2020

In response to the industry’s hunger for information on technology that can pull them out of the post-pandemic productivity lull, automation equipment supplier EU Automation, has pooled all its resources into a new, free, online Knowledge Hub. At the click […]

July 7, 2020

Airbus Defence and Space has won a contract for a fully reconfigurable telecomunications satellite from Australia’s second largest telecommunications company and leading satellite operator Optus. The satellite will be based on Airbus’ new standard OneSat product line and is Airbus’ […]

July 7, 2020

U.S. residential-solar-market leader Sunrun Inc. has agreed to acquire rival Vivint Solar Inc. in a sector shake-up that could solidify the combined company’s position to fend off new competition. Sunrun will buy Blackstone Group-backed Vivint in an all-stock transaction that […]

July 6, 2020

CAMBRIDGE, Mass. and PHILADELPHIA, July 6, 2020 /PRNewswire/ — Unum Therapeutics Inc. (“Unum”) (NASDAQ: UMRX), a biopharmaceutical company focused on developing therapies for solid tumors, today announced it has completed the acquisition of Kiq LLC (“Kiq”), a privately held, biotechnology […]

July 2, 2020

Ford Motor reported Thursday that its U.S. vehicle sales in the second quarter were down 33.3%, in line with industry expectations as the coronavirus caused consumers to stay at home and dealerships and factories to shutter. Ford’s decline was less […]

July 2, 2020

Melbourne-based Affinity Biosciences Pty Ltd (Affinity), a privately held company focused on antibody discovery for cancer therapeutics, today announces the discovery of potent antibodies with therapeutic potential against COVID-19. In March, Affinity commenced screening its proprietary library of one hundred […]

July 1, 2020

WASHINGTON — Automakers and their suppliers may be able to escape penalties for compliance infractions for up to a year under a new North American trade deal that takes effect Wednesday, a U.S. Customs and Border Protection official said Tuesday. […]

June 30, 2020

SHANGHAI — China-based electric car startup Byton, which has planned sales in the U.S., said Tuesday it will suspend production starting July 1 to conduct a reorganization of the automaker after being hit by the coronavirus pandemic. The company, which […]

June 30, 2020

Tesla just hit a major milestone. The electric vehicle maker turned 10 years old as a publicly traded company on Monday, a stretch in which it rallied from its IPO price of $17 a share to over $1,000. Just this […]