Category: Automotive

Merck’s COVID-19 antiviral pill is the second authorized by the FDA

Pfizer’s COVID-19 antiviral pill will already have some competition in the US. As the Associated Press reports, the Food and Drug Administration has given emergency use authorization for Merck’s Molnupiravir pill. The treatment limits replication of SARS-CoV-2 by inserting “errors” in the virus’ genetic code while an infection is relatively young, ideally preventing mild or… Continue reading Merck’s COVID-19 antiviral pill is the second authorized by the FDA

Veho Raises $125M in Series A Funding

Veho, a New York-based ecommerce logistics company that enables personalized next-day package delivery, raised $125M in Series A funding. The round was led by General Catalyst with participation from Construct Capital, Bling Capital, Industry Ventures, Fontinalis Partners and Origin Ventures. The company intends to use the funds to grow the team, expand from 14 to… Continue reading Veho Raises $125M in Series A Funding

Caribbean and Central American Automotive OEM, Dealership and Aftermarket Strategies 2021: Price Competitiveness and Focus on Aftermarket to Drive Future Growth Potential for Dealers

DUBLIN, Dec. 23, 2021 /PRNewswire/ — The “Select Caribbean and Central American Automotive OEM, Dealership, Aftermarket Strategy, Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. This research service analyzes the performance of light vehicle automotive segment and dealership activities based on the prevailing conditions in select Central American and Caribbean markets, such as Puerto… Continue reading Caribbean and Central American Automotive OEM, Dealership and Aftermarket Strategies 2021: Price Competitiveness and Focus on Aftermarket to Drive Future Growth Potential for Dealers

Lucid Group Announces Key Leadership Appointments to Finance Team; Signals Readiness for Growth in 2022

“I am thrilled to welcome Gagan and Mustally to Lucid as we embark on another year of unprecedented growth for the company,” said Sherry House, CFO, Lucid Group. “With their leadership and deep expertise, we’ll be able to further develop and maintain critical infrastructure within Lucid that will best serve our stakeholders against the backdrop… Continue reading Lucid Group Announces Key Leadership Appointments to Finance Team; Signals Readiness for Growth in 2022

WynnBET Unveils ‘Big Game Promotion’ Through Build Your Own Bet™

LAS VEGAS, Dec. 23, 2021 /PRNewswire/ — WynnBET, the premier online sports betting and casino app from the global leader in luxury hospitality, Wynn Resorts, unveiled its ‘Big Game Promotion’ on Thursday, a promotion driven through WynnBET’s Build Your Own Bet™ functionality. The grand prize includes: Four VIP tickets to Shaq’s Fun House in Los Angeles, the premier… Continue reading WynnBET Unveils ‘Big Game Promotion’ Through Build Your Own Bet™

Deepen’s AI-Powered Auto-Labeling Technology Significantly Brings Down Labeling Effort

SANTA CLARA, Calif., Dec. 23, 2021 /PRNewswire/ — Deepen AI’s proprietary auto-labeling technology helps enterprises automate labeling for up to 80 categories – increasing productivity by 7X while maintaining high levels of accuracy. Data labeling is required for a variety of use cases including computer vision. Labeling a large amount of data can be tedious & time-consuming.… Continue reading Deepen’s AI-Powered Auto-Labeling Technology Significantly Brings Down Labeling Effort

Automotive Parts Market in Poland to Record USD 8.51 Bn Growth | 7.58% CAGR Projection Through 2026 | 17,000+ Technavio Reports

NEW YORK, Dec. 23, 2021 /PRNewswire/ — The automotive parts market in Poland is set to grow by USD 8.51 billion between 2021 and 2026, accelerating at a CAGR of 7.58% during the forecast period. The market is segmented by distribution channel (offline and online) and vehicle type (passenger cars and commercial vehicles). The report… Continue reading Automotive Parts Market in Poland to Record USD 8.51 Bn Growth | 7.58% CAGR Projection Through 2026 | 17,000+ Technavio Reports

Autocar writers’ cars of 2021: Bentley Bacalar

Writing an ode to a roofless car, as the rain lashes against the window and it’s brass monkey weather outside, might seem a bit strange, but the Bentley Bacalar doesn’t really ‘do’ normal. It’s a £1.5 million, 12-run barchetta that’s been designed to showcase exactly what Bentley‘s Mulliner division can do in terms of personalisation… Continue reading Autocar writers’ cars of 2021: Bentley Bacalar