Several states are increasing investments in electric vehicle manufacturing in attempt to replace Michigan as the new automotive capital of the U.S., as highlighted by a recent story from CNBC. Startups including Amazon-backed Rivian and VinFast from Vietnam are spending billions to build factories in Georgia and North Carolina, while Hyundai is expanding in Georgia.… Continue reading States Competing to Replace Michigan as Automotive Capital
Category: News
News and updates from the automotive aftermarket: performance, restyling, hot rods, and customization.
Overland Vehicle Systems Secures New Investment
Overland Vehicle Systems has secured an investment from Caymus Equity Partners, the company announced. OVS is a supplier of overlanding and off-road products headquartered in Santa Fe Springs, California. The investment aims to build on OVS’s high-growth vision and provides the company with the capital support necessary to achieve the vision laid out by founder… Continue reading Overland Vehicle Systems Secures New Investment
2022 SEMA Show to Expand EV Showcase
The SEMA Electrified section will highlight the latest advances in electric vehicle technology, including new products and solutions for EV platforms and conversions…
Roush Yates Engines, WTO Form Technical Partnership
Roush Yates Engines and WTO have formed a technical partnership to expedite the machining of engine components to support internal design, development and build of NASCAR and road racing engines, the companies announced. WTO, a German-based company, designs and manufactures technological precision toolholders and tooling systems for turning centers, Multi-axis mill turns and Swiss type… Continue reading Roush Yates Engines, WTO Form Technical Partnership
Report: U.S. Companies Increasing Domestic Manufacturing
U.S.-based manufacturers are continuing to bring production back to the states in response to pandemic-driven supply chain issues, according to a recent report from Bloomberg. The construction of new manufacturing facilities in the US has increased 116% over the past year, including new semiconductor plants in Arizona, and aluminum and steel plants across the south,… Continue reading Report: U.S. Companies Increasing Domestic Manufacturing
IMSA to Launch VP Racing SportsCar Challenge in 2023
A new, multiple-class, sprint-race series with entitlement sponsorship from VP Racing Fuels will make its debut in 2023, International Motor Sports Association (IMSA) officials announced. The VP Racing SportsCar Challenge series will feature currently homologated Le Mans Prototype 3 (LMP3) and Grand Touring 4 (GT4) race cars in 45-minute sprint races with one driver per… Continue reading IMSA to Launch VP Racing SportsCar Challenge in 2023
Sebring Cancels 24-Hour Race Over Shipping Concerns
Continued global shipping issues have forced the cancelation of the Creventic 2022 Hankook 24H Sebring, originally scheduled for Nov. 18-20, Sebring International Raceway officials announced. Last November, Sebring International Raceway hosted the Netherlands-based Creventic organization for its fifth North American 24-hour race. During the event, both Creventic and its European-based teams experienced significant shipping delays… Continue reading Sebring Cancels 24-Hour Race Over Shipping Concerns
H&H Enterprises Acquires Stellar Distributing
H&H Enterprises, Inc., the parent company of AllPro Distributing, recently concluded its purchase of Stellar Distributing, the companies announced. The acquisition, which includes a 75,000 sq. ft. cross-docking facility in Conyers, Georgia, and six Leer Truck Accessory Centers, will increase the distribution and retail power of H&H Enterprises in the Atlanta market and across northern… Continue reading H&H Enterprises Acquires Stellar Distributing
Nominations Open for SEMA Council Awards
Nominations are now open for the 2022 SEMA Council and Network awards, the organization announced. The awards provide the opportunity to recognize individuals and companies in each of the aftermarket segments. Nominations are open for the following awards until July 29: Automotive Restoration Market Organization (ARMO): Business of the Year, Person of the Year Future… Continue reading Nominations Open for SEMA Council Awards
Gold Eagle Co. Acquires Lubrication Specialties
Gold Eagle Co., a manufacturer of performance chemicals and surface treatments, has acquired Lubrication Specialties Inc. (LSI), the companies announced. Ohio-based LSI makes several fuel and oil products for the automotive industry, including the Hot Shot’s Secret brand line. “LSI has always been dedicated to creating high-quality products, and it begins with the way they… Continue reading Gold Eagle Co. Acquires Lubrication Specialties
West Coast Port Labor Contract Expires
While dockworkers continue to work during contract negotiations, a strike could shut down 29 ports that handle nearly 40% of U.S. imports…
Manufacturers to Provide Training at SEMA PRO General Membership Meeting
The event will feature training sessions led by representatives from Katzkin, Llumar, Champion Auto and more…
KYB Announces New Offer for Excel-Gold Program
From July 1 through Sept. 30, service providers who have registered for KYB’s Excel-Gold program will be able to receive $25 for every set of 4 KYB shocks, struts or Strut-Plus units sold and installed, the company announced. Professional Technicians and service providers can enroll in the KYB Excel-Gold Rewards Program by registering online. Participants… Continue reading KYB Announces New Offer for Excel-Gold Program
ACAT Global Increases Product Availability to Counter Rise in Catalytic Converter Thefts
ACAT Global will increase the availability of its advanced metallic substrate catalytic converters for installation shops nationwide to provide relief for vehicle owners who suffered the theft of a catalytic converter during the recent surge, the company announced. According to the National Insurance Crime Bureau, claims for stolen catalytic converters have surged 325 percent from… Continue reading ACAT Global Increases Product Availability to Counter Rise in Catalytic Converter Thefts
New Owner Revives Lola Cars
Businessman and sportscar racer Till Bechtolsheimer now controls all assets of the company, which has designed and produced almost 5,000 race cars…