TROY—The Troy-based customer experience analytics and auto industry consulting firm J.D. Power predicted that new vehicle retail sales in June are expected to be just over 1 million units, down 11.3 percent in June from June 2019, and a 5.7 percent decrease compared to the J.D. Power pre-virus forecast The seasonally adjusted annualized rate (SAAR)
DEARBORN—Ford Motor Co. and Sirius XM announced that SiriusXM with 360L, SiriusXM’s newest and most advanced audio entertainment platform, will make its Ford debut in the 2021 F-150. SiriusXM with 360L is planned to be available on all future Ford models with its next generation Sync 4 communications and entertainment system. The news was first
DETROIT–Benzinga, the largest financial news vendor to North American brokerages, announced Friday that it will partner with Stake, an online brokerage platform that provides its global customer base with opportunities to trade the United States market in a safe, reliable way. Stake’s product is bolstered by an extensive catalog of over 3,700 stocks and ETFs
LIVONIA—Only two in five respondents in a new survey trust low-speed self-driving cars under ideal conditions, according to a new study released by the Livonia-based human behavior and analytics firm Escalent. The study, Friend, Servant or Evil Twin: Forging a Positive Driver-Car Relationship with Self-Driving Vehicles offers autonomous vehicle technology developers a new look at consumer attitudes
SOUTHFIELD—Like so many other educational activities, Lawrence Technological University’s Robofest World Championship is moving online this year. More than 2,500 students participate each year in Robofest in over 27 countries. When the coronavirus pandemic closed thousands of schools around the world in March, the student robotics competition was in the busy midst of its season
SOUTHFIELD—Officials at SME, formerly the Society of Manufacturing Engineers, announced 15 members as the winners of its 2020 SME Outstanding Young Manufacturing Engineer Award. The 2020 awardees, from the United States and Canada, have centered their research and management efforts around manufacturing processes, environmental sustainability, additive manufacturing, smart manufacturing, medical device manufacturing, nanomanufacturing, biomedical manufacturing,
NOVI—ITC Holdings Corp. (ITC), the country’s largest independent owner of high-voltage power transmission lines, announced the appointment of Ronnie Hawkins Jr., a retired lieutenant general in the United States Air Force, to its board of directors. Ronnie Hawkins Jr. ITC Holdings photo. Lt. Gen. Hawkins currently serves as President and CEO of the IT and
ANN ARBOR—The coronavirus pandemic has changed the way Americans work and how they spend their leisure time, putting a spotlight on both high-speed internet service and in-home entertainment options. AVideo streaming remains the people’s choice, with customer satisfaction steady at a score of 76 (on a scale of 0 to 100), according to the American
ANN ARBOR—The Biotechnology Innovation Organization (BIO), the life science industry’s trade and lobbying group, has released its ninth biennial report, “The Bioscience Economy: Propelling Life-Saving Treatments, Supporting State & Local Communities,” which highlights Michigan as a top state for the biosciences. The report studies the state of the U.S. bioscience industry and its associated innovation
ANN ARBOR—Esperion Therapeutics Inc. has finally launched the cholesterol busting drug the company has been development and made Nexlizet tablets available in the United States. Nexlizet is a combination of bempedoic acid and ezetimibe. Bempedoic acid is the Esperion-developed active ingredient in Nexletol tablets, approved by the U.S. Food and Drug Administration and introduced earlier
