Hard work and lessons learned from the Great Recession will help us through this…
Tag: Trends
Study Shows Global Electric Vehicle Sales to Increase Post-COVID-19
Frost & Sullivan’s recent analysis, Global Electric Vehicle Market Outlook, 2020, finds that while the COVID-19 uncertainty will globally dent electric vehicle (EV) sales, as the market recovers, it is predicted to experience healthy growth. In an optimistic scenario, EVs are estimated to grow by 8.6% year-on-year, registering 2.5 million unit sales (battery electric vehicles… Continue reading Study Shows Global Electric Vehicle Sales to Increase Post-COVID-19
Universal Technical Institute Reopens Hands-On Labs at All Campuses
Universal Technical Institute, a provider of transportation technician training, has reopened hands-on training labs at ten of its thirteen campuses, it announced. Labs at three remaining campuses are scheduled to open by June 15. Modified in alignment with Centers for Disease Control and Prevention (CDC) and local health department guidelines, the labs allow students participating… Continue reading Universal Technical Institute Reopens Hands-On Labs at All Campuses
Ohio Honda Employees Produce 130,000 Face Shields for Frontline Healthcare Workers
As part of its response to aid frontline healthcare professionals during the COVID-19 pandemic, Honda engineers have developed new methods to use manufacturing equipment to produce critically needed face shields. So far, the workers have donated 70,000 face shields to healthcare workers at 305 medical facilities in 45 states, with plans to donate another 60,000… Continue reading Ohio Honda Employees Produce 130,000 Face Shields for Frontline Healthcare Workers
NFIB Hosting PPP ‘Keys to Loan Forgiveness’ Webinar
The National Federation of Independent Businesses (NFIB) is hosting a new webinar as part of its series on the Paycheck Protection Program. The webinar, titled, “Paycheck Protection Program (PPP) Loan Forgiveness Part III: 10 Keys to Loan Forgiveness & Your Questions Answered Live,” will aid businesses in maximizing their loan forgiveness and is scheduled for… Continue reading NFIB Hosting PPP ‘Keys to Loan Forgiveness’ Webinar
Oracle Lighting Develops Virus-Neutralizing UV-Light Face Mask
The mask neutralizes live viruses such as COVID-19, pathogens, bacterium and other microorganisms attached to fabric surfaces…
Aftermarket Entities Step Up Support of AACF
Two auto aftermarket entities have recently stepped up to help the Automotive Aftermarket Charitable Foundation (AACF) in different and unique ways. Aftermarket parts distributor and retailer Parts Authority, seeking to embrace and enhance the “Stay Positive” theme initiated by President Randy Buller as the COVID-19 pandemic began, put together a battery sales promotion as a… Continue reading Aftermarket Entities Step Up Support of AACF
Key Performance Indicators Report — May 2020
A comprehensive source for industry insights, exclusive interviews, new and used vehicle data, manufacturing summaries, economic analysis, consumer reporting, relevant global affairs and more…
KPI — May: The Brief
Gradual economic reopening has helped level out consumer confidence after several months of freefall…
KPI — May: State of Business
While the outlook for OEMs looks grim, the aftermarket is expected to emerge from the pandemic faster than most industries…
New and Used Vehicle Sales
April was a disastrous month for car sales, but the industry is starting to rebound as dealership operation limitations are eased across the country…
KPI — May: Recent Vehicle Recalls
A roundup of recent manufacturer safety recalls…
KPI — May: State of the Economy
Unemployment reached a record high in April, but a majority of those unemployed expect to be only temporarily out of work…
KPI — May: State of the Manufacturing Sector
Economic activity in the manufacturing sector contracted at a rate not seen since April 2009…
KPI — May: The Voice of the Consumers
The COVID-19 pandemic and associated social distancing measures have led to a collapse in consumer spending…