Survey: More Americans Questioning Car Ownership

More Americans are wondering if car ownership is necessary, according to a new survey released by Zipcar, a car-sharing network, and conducted by Wakefield Research. According to the survey, monthly car payments near record numbers, interest rates at the highest level in nearly 15 years, and the financial burdens of gas, insurance, parking, and maintenance… Continue reading Survey: More Americans Questioning Car Ownership

Goodguys Previews Heartland Nationals

Goodguys Rod & Custom Association is expecting over 5,000 hot rods, muscle cars, customs and classic trucks at the Iowa State Fairgrounds for the Goodguys Rod & Custom 32nd Speedway Motors Heartland Nationals presented by BASF, the organization announced. Scheduled for June 30 – July 2, the event will welcome all 1998 and older muscle… Continue reading Goodguys Previews Heartland Nationals

BorgWarner Acquires Electric Hybrid Systems Business

BorgWarner has entered into an agreement to acquire Eldor Corporation’s electric hybrid systems segment for $83 million, the companies announced. Headquartered in Italy, Eldor’s EHS segment includes on-board chargers (OBCs), DC/DC converters, and integrated high voltage boxes, the company said. The acquisition is expected to enhance BorgWarner’s capabilities in engineering 400V and 800V on-board chargers… Continue reading BorgWarner Acquires Electric Hybrid Systems Business

The Wheel Group Names Jill Hepp Marketing Manager

The Wheel Group (TWG), a manufacturer and distributor of automotive wheels, tires, offroad and overland parts and vehicle accessories, has appointed Jill Hepp as its new marketing manager, the company announced. In her new role, Hepp will further develop TWG’s position in the automotive aftermarket and lead its growth across its multiple brands, the company… Continue reading The Wheel Group Names Jill Hepp Marketing Manager

Pit+Paddock to Host F1 Viewing Experience at Las Vegas Grand Prix

Pit+Paddock is hosting a viewing experience at the Polesitters Club during the Formula One Las Vegas Grand Prix later this year, the automotive creative agency announced. “Formula One’s Las Vegas GP is the event of 2023, and we plan on hosting and making available the best F1 event space to our industry. The Polesitters Club… Continue reading Pit+Paddock to Host F1 Viewing Experience at Las Vegas Grand Prix

AEM Performance Electronics Co-Founder Passes Away

John Concialdi, a co-founder of AEM Performance Electronics, has passed away following a battle with cancer, the company announced on social media. AEM posted the following statement on its Facebook page: Today, we learned that John Concialdi, co-founder of AEM, has passed after his battle with leukemia. John, or “JC,” was an innovator in the… Continue reading AEM Performance Electronics Co-Founder Passes Away

eBay Motors Expands Tire Installation Service

eBay Motors has expanded its tire installation offerings, the online marketplace announced. In addition to accessing a larger selection of inventory, users can choose a local installation provider from more than 5,000 locations nationwide and book their service, the company said. “From casual commuters to seasoned DIYers, most buyers have their tires installed by a… Continue reading eBay Motors Expands Tire Installation Service

Detroit Concours Announces Details of 2023 Event

The Detroit Concours will return to the Motor City later this year, scheduled for Sept. 22-23, for a two-day event celebrating automotive Americana featuring 150 rare vehicles, organizers announced. “We’re proud to bring this signature event back to Detroit, which has long been the center of the automotive universe,” said McKeel Hagerty, CEO of Hagerty.… Continue reading Detroit Concours Announces Details of 2023 Event

Stellantis Forms Joint Venture to Manufacture Semiconductors

Stellantis and Hon Hai Technology Group, also known as Foxconn, have partnered to create SiliconAuto, a 50/50 joint venture dedicated to designing and selling a family of state-of-the-art semiconductors to supply the automotive industry, including Stellantis, starting in 2026, the companies announced. SiliconAuto will provide customers an auto industry-centric source of semiconductors for the growing… Continue reading Stellantis Forms Joint Venture to Manufacture Semiconductors

KICKER to Exhibit at KnowledgeFest Indianapolis

KICKER will be exhibiting at the upcoming MEA KnowledgeFest, scheduled for June 23-25 in Indianapolis, the company announced. The full KICKER product line will be on display, including bespoke products for auto, marine, motorcycle and powersports, the company said. KICKER’s Fiat 500 Sport will also be in the booth, equipped with the company’s KEY Smart… Continue reading KICKER to Exhibit at KnowledgeFest Indianapolis

Meyer Distributing Partners With Mace Brand

Meyer Distributing has added Mace brand security products to its line card, the company announced. The distributor will now carry a co-branded mobile pepper spray line, according to the announcement from Meyer. “Mace Brand is excited to partner with Meyer Distributing, a privately held company that is a leader in specialty products marketing and distribution,”… Continue reading Meyer Distributing Partners With Mace Brand

SEMA Releases 2023 Market Report

The specialty-equipment market reached $51.8 billion in sales with an overall market growth of 2%, according the new 2023 SEMA Market Report. This continues a decade of growth for the industry, even among recent economic turmoil created by the pandemic. While the growth percentage was slightly down from the industry’s typical annual rate of 4% to 5%, the slowing… Continue reading SEMA Releases 2023 Market Report

Overland Expo West Draws Record Attendance

Overland Expo saw record attendance at its Overland Expo West event, held last month in Flagstaff, Arizona, event organizers announced. The event hosted over 400 exhibitors and more than 30,000 attendees — a 6% year-over-year increase in attendance, Emerald X, Overland Expo’s parent company, reported. “The continued growth of the overlanding market coupled with Overland… Continue reading Overland Expo West Draws Record Attendance

Indy Autonomous Challenge Sets Autonomous Speed Record at Monza

Team PoliMOVE won the first-ever Indy Autonomous Challenge (IAC) road course time trial competition held at the Autodromo Nazionale Monza, setting an autonomous speed record in the process, event officials announced. “Once again, the Indy Autonomous Challenge is pushing the boundaries of high-speed automation with a historic time trial race on the iconic Monza F1… Continue reading Indy Autonomous Challenge Sets Autonomous Speed Record at Monza