New car monthly payments hit a record high last month according to a new report from Kelley Blue Book. The average new car buyer signed up for a monthly payment of $762 last month, the report said, driven by high prices and interest rates. The report also found that the average new car sold for… Continue reading Report: New Car Payments Hit Record High
Category: News
News and updates from the automotive aftermarket: performance, restyling, hot rods, and customization.
Firstech Forms Direct Partnership with Tint World
Firstech, the maker of Compustar, DroneMobile and Momento, has announced a new direct partnership with retailer Tint World, the companies announced. As part of the new partnership, Tint World franchise partners will gain direct access to Firstech’s catalog of vehicle remote start, security and telematics solutions. Brands offered will include Compustar, iDatastart, DroneMobile, tesa tape… Continue reading Firstech Forms Direct Partnership with Tint World
F1 Establishes All-Women Academy Development Series
Five teams have been confirmed for the new Formula 1 all-women Academy Series, the series announced. Five veteran outfits in junior categories have confirmed their entries for next year with ART Grand Prix, Campos Racing, Carlin, MP Motorsport and PREMA Racing fielding three cars each to form the 15-car grid, the series said. F1 Academy… Continue reading F1 Establishes All-Women Academy Development Series
Eldora to Host $1M Winged Sprint Car Race
Eldora Speedway will host winged sprint cars for the richest purse in sprint car history for its third version of the Eldora Million, track owner Tony Stewart announced. Set for July 12-13, the unsanctioned event will feature a winner’s purse of $1,002,023 from a total purse of $1.4 million and is a cooperative effort with… Continue reading Eldora to Host $1M Winged Sprint Car Race
Head of Aftermarket Business at Continental Retires
Howard Laster, head of Continental’s automotive aftermarket business in North America, will retire by the end of this year, the company announced. James Bayley, head of the associated business area Smart Mobility in North America, will be taking over the role temporarily until a successor is announced, the company said. Laster, a 45-year veteran of… Continue reading Head of Aftermarket Business at Continental Retires
Donation Leads to New Scholarship for McPherson College Restoration Program
McPherson College has created an endowed scholarship fund for students pursuing a degree in automotive restoration thanks to a $1 million donation from the Rob and Melani Walton Foundation, the school announced. The Rob Walton Scholarship Fund will focus on attracting and retaining students in the college’s automotive restoration program. The $1 million gift from… Continue reading Donation Leads to New Scholarship for McPherson College Restoration Program
Interactive Experiences Highlight Washington, D.C. Auto Show
The 2023 Washington, D.C. Auto Show will return to the Walter E. Washington Convention Center Jan. 20-29 with top manufacturers as they showcase their latest models and advancements in motor technology, as well as a collection of classic and exotic cars, live car painting, and multiple interactive experiences, event organizers announced. Educating attendees on what… Continue reading Interactive Experiences Highlight Washington, D.C. Auto Show
MAHLE Aftermarket Opens New Mississippi Warehouse
MAHLE Aftermarket has opened a new automated warehouse in Olive Branch, Mississippi, the company announced. The warehouse aims to speed up deliveries to workshops and distributors, reduces the frequency of returns, and enables an order to be commissioned within 30 minutes, MAHLE representatives said. MAHLE has invested over $6 million in the 13,000 sq. ft.,… Continue reading MAHLE Aftermarket Opens New Mississippi Warehouse
The AAM Group Announces The Event 2022 Product Category Winners
The products span 11 different categories and were voted on by reseller attendees of the virtual show…
Hot Shot’s Secret Named ODSS Title Sponsor
Hot Shot’s Secret has signed a two-year agreement to become the title sponsor of the Outlaw Diesel Super Series (ODSS) for 2023 and 2024, the company announced. Hot Shot’s Secret also recently announced title sponsorship for the National Hot Rod Diesel Association (NHRDA) for 2023. With title sponsorship confirmed for ODSS and NHRDA, Hot Shot’s… Continue reading Hot Shot’s Secret Named ODSS Title Sponsor
Rockford Fosgate Founder Passes Away
Jim Fosgate, founder of Rockford Fosgate, has passed away, the audio systems manufacturer announced. The company provided the following statement: Jim Fosgate, a beloved husband, father, grandfather, inventor, founder, and friend to many, passed away Wed., Dec. 7, just two days after his 85th birthday. Bill Jackson, Rockford president and CEO stated “Jim was always… Continue reading Rockford Fosgate Founder Passes Away
Turn 14 Distribution Adds Dirty Life Wheels to Line Card
Performance parts distributor Turn 14 Distribution has brought on a new selection of truck wheels with the addition of Dirty Life Wheels to its line card, the company announced. “Dirty Life Wheels are a part of The Wheel Group (TWG) wheel brands, and the product styles cater to the more traditional offroad and adventure audience… Continue reading Turn 14 Distribution Adds Dirty Life Wheels to Line Card
Holley Appoints New CFO
Holley has appointed Jesse Weaver as the company’s new chief financial officer, the company announced. Weaver will succeed Stephen Trussell, who has served as the company’s interim chief financial officer since September 30, 2022. Trussell will continue as the company’s vice president of finance, a role he has held since 2009. Weaver, who has nearly… Continue reading Holley Appoints New CFO
Milton Industries Acquires ProMAXX Tool
Chicago-based Milton Industries, a pneumatic and hydraulic accessories market leader, has acquired ProMAXX Tool, a designer and manufacturer of proprietary on-the-vehicle exhaust manifold repair (EMR) kits and other specialty tools, the company announced. ProMAXX, based in Pittsburgh, Pennsylvania, has been in business for more than 13 years serving US and international customers with fuel injector… Continue reading Milton Industries Acquires ProMAXX Tool
F-150 Lightning Wins 2023 ‘MotorTrend’ Truck of the Year
It is the first electric truck to win by unanimous vote and only the second electric vehicle to win unanimously in any of the publication’s Vehicle of the Year competitions…