KPS Capital Partners announced today that, through a newly formed affiliate, it has entered into a stock and asset purchase agreement with Garrett Motion, under which KPS will acquire substantially all of the assets of Garrett for approximately $2.1 billion. Garrett will file a motion with the United States Bankruptcy Court for the Southern District… Continue reading Garrett Motion Sold Amid Financial Restructuring
Author: THE SHOP Staff
A Look Inside the Lucas Oil Fabrication Shop
The operation produces everything from Top Fuel dragsters to trade show displays…
Meyer Distributing Adds Pennsylvania Sales Office
Meyer Distributing, an automotive specialty products marketer and distributor, has expanded its inside sales team with the addition of a Pennsylvania-based office, the company announced. The addition of the Pennsylvania-based office, Meyer says, comes with a combined 146 years of automotive experience. “We are thoroughly excited to add these seasoned veterans to our team,” states… Continue reading Meyer Distributing Adds Pennsylvania Sales Office
Jeep Launching Off-Road Driving Academy
Jeep will introduce its first-ever Jeep Adventure Academy to provide off-road driving instruction to Jeep 4×4 owners, the automaker announced. Beginning this October, the Jeep Adventure Academy will take place in select locations across the country and will be led by off-roading experts and prominent instructors from Jeep Jamboree USA. Participants will learn off-roading basics… Continue reading Jeep Launching Off-Road Driving Academy
Carlisle Auctions Partners with AACA Museum
Carlisle Auctions has entered into a partnership with the AACA Museum, with the museum serving as the Preferred Auction Sponsor of Carlisle Auctions beginning at the Fall Collector Car Auction, the company announced. This partnership and title will also be in place for Carlisle Auctions’ Winter AutoFest in Lakeland, Florida, early next year. For these… Continue reading Carlisle Auctions Partners with AACA Museum
Hyundai Unveils Redesigned Tucson
Hyundai Motor Company has launched the all-new Hyundai Tucson. The fourth-generation compact SUV (C-SUV) is a global model, with a long-wheelbase variant and a short-wheelbase variant for meeting various customer needs. “We are thrilled to introduce the all-new Tucson, the latest model in Hyundai’s SUV transformation,” said Thomas Schemera, Executive Vice President, Head of Product… Continue reading Hyundai Unveils Redesigned Tucson
Trim Shop Launching YouTube Series
Watch a preview of Season 1…
Turn 14 Distribution Adds Akrapovič Audi RS Q8 (4M) Evolution Line Titanium Exhaust
Akrapovič has released its Audi RS Q8 (4M) Evolution Line (Titanium) exhaust and Downpipe/Link Pipe Set, which is now available at Turn 14 Distribution, the sole U.S. automotive distributor for Akrapovič. The Evolution Line exhaust system is constructed entirely from lightweight, high-grade titanium. It features a central muffler flanked by two valves, with each valve… Continue reading Turn 14 Distribution Adds Akrapovič Audi RS Q8 (4M) Evolution Line Titanium Exhaust
Ram Rolls Out Latest ‘Built to Serve’ Model
Production of the third installment of the Ram “Built to Serve Edition” trucks will begin next month at its Sterling Heights (Michigan) Assembly Plant, the company announced. Ram is celebrating America’s five land, sea and air-based armed forces with “Built to Serve Editions” of its Ram 1500 half-ton pickup truck lineup. This third installment offers… Continue reading Ram Rolls Out Latest ‘Built to Serve’ Model
SEMA Creates COVID-19 Best Practices Guide for Retailers
SEMA has put together a comprehensive guide of COVID-19 best practices for retailers, including tips for planning, implementing and executing cleaning and sanitation protocols to protect yourself, your employees and your customers. Using recommendations from the CDC, the guide offers suggestions for evaluating your business’s needs, as well as firsthand accounts from physical retailers in… Continue reading SEMA Creates COVID-19 Best Practices Guide for Retailers
Sherwin-Williams Automotive Finishes Collaborating with Collin College on Automotive Technology Program
Business services experts from the Automotive Finishes division of Sherwin-Williams recently assisted a team from Collin College in Allen, Texas, to build-out the school’s new Automotive Technology program, the company revealed. The Sherwin-Williams team worked to design and layout the program’s spray booth, mix room and prep stations, and are supporting the curriculum’s launch by… Continue reading Sherwin-Williams Automotive Finishes Collaborating with Collin College on Automotive Technology Program
Electric, V8 Mustang Cobra Jets to Race Head-to-Head
The all-electric Ford Performance Mustang Cobra Jet 1400 and its supercharged V8 counterpart will be racing head-to-head at the AMALIE Motor Oil NHRA Gatornationals, the NHRA announced. The two vehicles previously faced off at the Denso Spark Plugs NHRA U.S. Nationals earlier this year with Funny Car competitors Bob Tasca III and Tony Pedregon behind… Continue reading Electric, V8 Mustang Cobra Jets to Race Head-to-Head
SEMA Data Co-Op Acquires PartsHub
The SEMA Data Co-op (SDC) has acquired PartsHub, a catalog management solution, the group announced. Using PartsHub’s expanded product information management (PIM) software, SDC manufacturers will be able to easily organize their data, reach more resellers and sell more products, the organization said. “SDC manufacturers typically are not data experts, and they have requested a… Continue reading SEMA Data Co-Op Acquires PartsHub
AACF Providing Emergency Help to Aftermarket Families
The Automotive Aftermarket Charitable Foundation (AACF) issued a reminder to aftermarket companies and their employees that they are here to help those affected by Hurricane Sally and the ongoing fires in the Western United States. “We need the aftermarket industry to help us get the word out to persons that may not be aware of… Continue reading AACF Providing Emergency Help to Aftermarket Families
Bruce Canepa Walks Through the Porsche 959
Canepa gives an in-depth look at the restoration of three different Porsche 959s…