The annual Hedges & Company eCommerce market share forecast for the US automotive aftermarket shows online revenue reaching $16 billion in 2020. This includes an incremental $1.9 billion in revenue due to the COVID-19 pandemic. A major trend during the pandemic, in nearly any industry, has been a dramatic shift to eCommerce market share. The… Continue reading Auto Parts eCommerce Market Share Exceeding Original Forecast
Author: THE SHOP Staff
Mazda Unveils 2021 CX-3
Mazda North American Operations has announced that the 2021 Mazda CX-3 will arrive in dealerships next month. The 2021 Mazda CX-3 will continue to be offered in a Sport trim with the four-cylinder Skyactiv-G 2.0, rated to deliver up to 148 horsepower and 146 lb-ft of torque. Equipped with standard front-wheel drive and paired with… Continue reading Mazda Unveils 2021 CX-3
Riley Technologies Acquires GT40 Mk IV Constructor Kar-Kraft
Riley Technologies, owned by the father-and-son design and engineering team of Bob Riley and Bill Riley, has acquired the assets of original Ford GT40 Mk IV constructor Kar-Kraft, the company announced. Kar-Kraft assets have already been delivered to Riley Technologies in North Carolina where the engineering and construction of the Mk IV continuation cars will… Continue reading Riley Technologies Acquires GT40 Mk IV Constructor Kar-Kraft
Gordon Murray Unveils New Supercar
Weighing in at just over 2,000 lbs., the fan-assisted GMA T.50 is powered by a Cosworth V-12…
SEMA Launch Pad Voting Now Open
Voting for SEMA Launch Pad, a program which gives young entrepreneurs, students and business owners age 18–39 an opportunity to launch their products into the automotive aftermarket industry, is now open. The program has been narrowed down to 15 contenders and voting will further reduce the field to the top 10 competitors via Facebook voting.… Continue reading SEMA Launch Pad Voting Now Open
Webinar to Cover PPP Forgiveness Preparation
The National Federation of Independent Business (NFIB) is hosting a webinar for businesses that received a loan through the Paycheck Protection Program (PPP), the organization announced, which will cover the new SBA guidance just published on August 4. The webinar, hosted by the NFIB’s resident PPP experts, will take place on Wed., Aug 12, at… Continue reading Webinar to Cover PPP Forgiveness Preparation
NC Carpet Binding & Equipment Hosting Virtual Auto Upholstery Trade Show
NC Carpet Binding & Equipment is hosting a virtual auto upholstery and trim industry trade show, the company announced. The virtual trade show will be held throughout the first week of November on Facebook Live. The event will also feature the announcement of the NC Auto Interior of the Year award. Further details will be… Continue reading NC Carpet Binding & Equipment Hosting Virtual Auto Upholstery Trade Show
Hyundai Launches IONIQ EV Brand
Hyundai Motor Company has launched its new IONIQ brand dedicated to battery electric vehicles, the automaker announced. Under the IONIQ brand, Hyundai Motor will introduce three new dedicated models over the next four years with more models to follow. “The IONIQ brand will change the paradigm of EV customer experience,” said Wonhong Cho, executive vice… Continue reading Hyundai Launches IONIQ EV Brand
Tint World Expands in Florida
Tint World Automotive Styling Centers, an automotive styling and window tinting franchise, has opened a new location in Boca Raton, Florida, under the co-ownership of Mike Rogers and Mike Halperin. The new store is the 15th Tint World location in Florida and serves the Boca Raton, Highland Beach, Kings Point and Delray Beach areas. “Mike… Continue reading Tint World Expands in Florida
Hot Wheels Car Care Products Sponsoring Lex Joon Racing at Indy Nationals
The Hot Wheels Americana Series Premium Car Care Products will become the Official Car Care Products of the F.I.A. European Championship-winning drag racing series team Lex Joon Racing for the upcoming Dodge NHRA Indy Nationals, the team announced. The Hot Wheels Americana Series Car Care branding will be displayed on Lex Joon’s Top Fuel dragster… Continue reading Hot Wheels Car Care Products Sponsoring Lex Joon Racing at Indy Nationals
SEMA Calls on Congress to Spend Funds Dedicated to Bonneville Salt Flats
SEMA is calling on the U.S. Congress and Department of Interior to use funds appropriated for the “Restore Bonneville” program, the aftermarket trade organization announced. The U.S. Department of Interior’s Bureau of Land Management (BLM) and the Utah Department of Natural Resources (DNR) agreed to create a “Restore Bonneville” program in April 2020, which will… Continue reading SEMA Calls on Congress to Spend Funds Dedicated to Bonneville Salt Flats
Madico Undergoing Company Reorganization
Madico, a manufacturer of window film, coating, metallizing and laminate solutions, has announced that the company is undergoing a reorganization. The reorganization, the company says, is designed to accelerate new product development and innovation in the window film and specialty solutions segments. Jeffrey Plummer has been named the senior vice president and general manager to… Continue reading Madico Undergoing Company Reorganization
Eaton Adds Educational Materials for Differential Products
Eaton’s vehicle group has added more educational content about its performance automotive differential products to its website, the company announced. The updated web content allows users to explore and learn about topics such as “what is a differential,” “types of differentials available,” and “locking vs. limited-slip,” among other subjects, so they can confidently choose the… Continue reading Eaton Adds Educational Materials for Differential Products
NATDA Cancels 2020 Trailer Show, Launches Virtual Event
Due to the effects of COVID-19, the North American Trailer Dealers Association (NATDA) has canceled this year’s NATDA Trailer Show in Nashville, Tennessee, the organization announced. In its place, NATDA will launch a virtual event on October 26, which the group says will give dealers the same benefits of the trade show. “Unfortunately, recent developments,… Continue reading NATDA Cancels 2020 Trailer Show, Launches Virtual Event
Mullin Museum Continues ‘Under the Hood’ Video Series
The second installment features the 1937 Talbot-Lago T150-C-SS…