Oracle Lighting, a manufacturer of LED lighting solutions, has made a donation of 1,000 N95 respirator masks and nearly 500 surgical masks to the Tulane Medical Center in New Orleans to help its staff battle the COVID-19 crisis in Louisiana where Personal Protective Equipment (PPE) is much needed. “We want to do whatever we can… Continue reading Oracle Lighting Donates PPE to Local Medical Center
Tag: Trends
Targeting Your (Quarantined) Customers
The team at Kahn Media has been posting blogs and helpful links aimed at keeping aftermarket businesses informed and energized during the coronavirus pandemic. While there’s no denying these are tough economic times, there is some positive news as far as consumer engagement and opportunities to reach gearheads with time to spend in their garages.… Continue reading Targeting Your (Quarantined) Customers
Hot Shot’s Secret Manufacturer Producing, Donating Hand Sanitizer
Lubrication Specialties Inc. (LSI), manufacturer of Hot Shot’s Secret performance oils and additives and other specialty lubrication products, has announced that it is redeploying a portion of the company’s Mt. Gilead, Ohio, manufacturing facility and headquarters to make alcohol-based hand sanitizer to assist with preventative care during the COVID-19 pandemic. “We are now able to… Continue reading Hot Shot’s Secret Manufacturer Producing, Donating Hand Sanitizer
Small Business ‘Paycheck Protection Program’ Application Period Now Open
The Paycheck Protection Program (PPP), a fund of $349 billion in forgivable loans for small businesses that was created during the passage of the U.S. Government’s $2 trillion stimulus bill, begins accepting applications on April 3. Small businesses with 500 or fewer employees are eligible to apply. The funds are provided through loans, covering up… Continue reading Small Business ‘Paycheck Protection Program’ Application Period Now Open
Indianapolis Dallara Plant Transforms to Fight COVID-19
The Dallara IndyCar Factory, which sits just down the street from the Indianapolis Motor Speedway in Speedway, Indiana, has transformed its operations to produce personal protective equipment for healthcare workers fighting the COVID-19 pandemic. Using machinery that normally turns carbon fiber into the company’s IndyCar chassis, the facility has teamed up with several local organizations… Continue reading Indianapolis Dallara Plant Transforms to Fight COVID-19
Lucas Oil Pledges to Feed Students During School Closures
Lucas Oil Products, the American-based manufacturer and distributor of lubricants and additives, is pledging to donate 100,000 meals through the No Kid Hungry organization to help struggling families feed their children during the COVID-19 coronavirus pandemic through a new social media campaign. As schools shut their doors in response to COVID-19, kids are left without… Continue reading Lucas Oil Pledges to Feed Students During School Closures
An Update from THE SHOP and National Business Media
Here at National Business Media, our mission of “connecting those who know with those who want to know” has never been so important. We’re humbled and inspired by your stories as you react, pivot and adapt to new immediate needs and realities. For many of you, your business was stopped in its tracks, so you’ve… Continue reading An Update from THE SHOP and National Business Media
Concept Vehicle Company Makes Adjustments to Help Healthcare Workers
Michigan-based Prefix Corporation, a company that specializes in the creation of prototypes, concept vehicles and design mock-ups, has re-tooled its facilities to produce protective face shields for first responders and health care workers. “We can do this,” said Prefix Founder Kim Zeile. “During times like these, we must all ask ourselves, ‘how we can assist… Continue reading Concept Vehicle Company Makes Adjustments to Help Healthcare Workers
State of Business Due to COVID-19
The global automotive industry imports $34 billion in motor parts from China each year. As Global Fleet says, “COVID-19 didn’t just start anywhere in China. Wuhan, the city that hosted the first major outbreak of the coronavirus, is one of China’s major automotive production (parts & cars) sites. GM, Honda, Nissan, Peugeot and Renault all… Continue reading State of Business Due to COVID-19
KPI: Manufacturing ISM
Economic activity in the manufacturing sector increased during February, and the overall economy grew for the 130th consecutive month, said the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The February PMI® registered 50.1%, down 0.8 percentage point from the January reading of 50.9%. The Report On Business® measures its data using… Continue reading KPI: Manufacturing ISM
KPI: State of the Economy
The country gained 273,000 new jobs last month despite growing concerns of the coronavirus pandemic—uncertainty that triggered stock market volatility and caused wary central bankers to implement emergency interest rate cuts. A few short weeks later, the administration’s decades-low unemployment rate of 3.5% is overshadowed by a fierce novel virus that is, quite literally, applying… Continue reading KPI: State of the Economy
KPI: The Voice of Consumers
The Conference Board Consumer Confidence Index® reported a slight uptick during February, following an increase in January. “Despite the decline in the Present Situation Index, consumers continue to view current conditions quite favorably. Consumers’ short-term expectations improved, and when coupled with solid employment growth, should be enough to continue to support spending and economic growth… Continue reading KPI: The Voice of Consumers
KPI: New and Used Vehicles
New Vehicle Market The dead of winter turned out to be a pleasant surprise in total new vehicle sales, with Manheim and Cox Automotive data citing an 8.4% year-over-year increase during February. The SAAR came in at 16.8 million—a boost from last year’s 16.5 million, though down from January’s 16.9 million rate. A number of… Continue reading KPI: New and Used Vehicles
KPI: Recent Vehicle Recalls
2013-2019 Lexus and Toyota Cars Vehicles Affected: Approximately 1.8 million model-year 2013-15 Lexus LS 460 sedans; model-year 2013-14 GS 350 sedans; model-year 2014 IS-F sedans; model-year 2014-15 GX 460 and LX 570 SUVs and IS 350 sedans; model-year 2015 NX 200t SUVs and RC 350 coupes; model-year 2017 IS 200t sedans and RC 200t coupes;… Continue reading KPI: Recent Vehicle Recalls
Automotive Aftermarket
An unquenchable thirst for a tech-driven society has led to the mega digital dynasty in which we are living, and at its core is e-commerce. According to Statista, “In 2019, U.S. online retail sales of physical goods amounted to 365.2 billion US dollars and are projected to reach close to 600 billion US dollars in… Continue reading Automotive Aftermarket