K&N Engineering Enters Restructuring Agreement

K&N Engineering has entered into a Restructuring Support Agreement with 100% of its lenders, the company announced. Through the deal, K&N’s debt will be reduced by approximately $250 million and participating lenders will inject $60 million of cash into the business. K&N expects to complete the transaction in the first quarter of 2023. Once completed,… Continue reading K&N Engineering Enters Restructuring Agreement

Hoonigan Founder Ken Block Passes Away

Ken Block, professional rally driver and founder of the Hoonigan brand, passed away at the age of 55 following a snowmobile accident, according to MotorTrend. “It’s with our deepest regrets that we can confirm that Ken Block passed away in a snowmobile accident today,” Hoonigan said via Instagram. “Ken was a visionary, a pioneer and… Continue reading Hoonigan Founder Ken Block Passes Away

Meyer Distributing Opens Calgary Cross-Dock

Meyer Distributing Canada has opened a new cross-dock in Calgary, Alberta, the company announced. According to the parts distributor, the cross-dock will have a direct feed from Meyer’s Hermiston, Oregon distribution hub. “We are excited to bring Meyer to Western Canada,” said Jeff Braun, CEO of Meyer Distributing Canada. “We have long wanted to connect… Continue reading Meyer Distributing Opens Calgary Cross-Dock

The AAM Group Finalizes New Partnership with Engine Parts Group

The AAM Group and Engine Parts Group formally finalized its new partnership by signing the final contract in the EPGI booth at the recently concluded PRI trade show, the company announced. Signed by the organizations’ respective presidents, AAM Group’s Tim Odom and EPGI’s Jesse Jones, the contract authorizes AAM to assume operations and management responsibilities… Continue reading The AAM Group Finalizes New Partnership with Engine Parts Group

Indy Autonomous Challenge Secures New Sponsors for CES Event

The Indy Autonomous Challenge (IAC) has secured ASPIRE, Cisco, and Luminar as sponsors of the Autonomous Challenge at CES at the Las Vegas Motor Speedway, event officials announced. Scheduled for Jan. 7 during CES 2023, the Autonomous Challenge at CES returns to Las Vegas featuring nine teams seeking to break autonomous racing records. ASPIRE is… Continue reading Indy Autonomous Challenge Secures New Sponsors for CES Event

Ford F-Series Retains Title of Best-Selling Vehicle for 2022

Ford sold over 640,000 F-Series trucks in 2022, the company said, making it America’s best-selling vehicle for 41 consecutive years…

GM Ends Year as Top-Selling Manufacturer

Cox Automotive has revealed its year-end new-vehicle sales numbers, the research firm announced. Full-year sales in 2022, based on vehicle counts by Kelley Blue Book, are forecast to finish near 13.9 million units, Cox Automotive reported, a decrease of 8% from 2021 and the lowest level since 2011 when total new-vehicle sales were recovering from… Continue reading GM Ends Year as Top-Selling Manufacturer

NPW Hosts Charity Golf Tournament

National Performance Warehouse (NPW) hosted a charity golf tournament for more than 100 players from the automotive industry last month, the parts distributor recently shared. Hosted on Dec. 11 at Miami Lakes Golf Club, the event ultimately raised $6,000 for First Tee Miami, the company said. In addition to having more than 100 players from… Continue reading NPW Hosts Charity Golf Tournament

Sprint Car Hall of Fame Announces Class of 2023 Inductees

The National Sprint Car Hall of Fame has revealed the 13 inductees for its Class of 2023, the organization announced. The Class of 2023 includes 13 drivers, owners, builders, promoters and others involved in the sprint car industry in various capacities. The following individuals will be inducted into the National Sprint Car Hall of Fame… Continue reading Sprint Car Hall of Fame Announces Class of 2023 Inductees

New Tax Credits Aim to Grow EV Fleets

The incentives, which took effect on Jan. 1, aim to convince companies to switch to zero-emissions vehicles…

The Best States for Mechanics

Oklahoma topped the list of top states to work as a mechanic, followed by Mississippi and New Mexico…

Meyer Distributing Expands with 3 New Warehouses

Parts distributor Meyer Distributing has opened three new warehouses, the company announced. Among the new additions is a 205,090-sq.-ft. facility in Carlisle, Pennsylvania that will service the Northeast. A new facility in Coppell, Texas, at 165,105 sq. ft., will be an expansion to Meyer’s existing Texas warehouses, bringing the total square footage to 650,000 sq.… Continue reading Meyer Distributing Expands with 3 New Warehouses

Velocity Invitational Returns to Sonoma Raceway for 2023

The event will include vintage group racing, hypercar demonstrations, driver appearances, an exhibit of notable cars from the McLaren Racing collection and more…

Pennzoil Q&A with Larry Chen

Pennzoil recently sat down with photographer and automotive content creator Larry Chen for a Q&A session that provided some insight into the SEMA Influencer of the Year’s career, skills and more. In the interview, Chen discusses some of the challenges and highlights of his career, his background in photography and how he developed his skills,… Continue reading Pennzoil Q&A with Larry Chen

Discount Tire Plans New Arizona Headquarters

Discount Tire

Discount Tire is planning to develop a new corporate headquarters following the acquisition of 35 acres of land in Phoenix, Arizona, the company announced. Discount Tire purchased the site at a recent Arizona State Land Department public auction. Proceeds from the sale will be invested by the state in the Permanent Land Endowment Trust Fund… Continue reading Discount Tire Plans New Arizona Headquarters