OEConnection (OEC), the leading automotive technology provider for original equipment manufacturers’ (OEM) distribution networks, announced it has acquired NuGenIT, Inc., a software company specializing in body shop and collision industry optimization tools.
Tesla officially has a higher valuation than Toyota, Volkswagen and Honda combined thanks to a significant surge in the electric automaker’s stock price over the past week.
SEMA joined with dozens of other trade associations in urging the U.S. Congress to pass legislation to forgive all PPP loans that are less than $150,000.
Nominations for the 2020 SEMA Person of the Year Award are now being accepted at sema.org/awards.
The U.S. Small Business Administration (SBA) and the U.S. Treasury Department last week released the names of 4.9 million Paycheck Protection Program (PPP) loan recipient businesses and nonprofits that received $150,000 or more.
U.S. Sens. Kevin Cramer, R-ND, Bob Menendez, D-NJ, Thom Tillis, R-NC, and Kyrsten Sinema, D-AZ, Senate Banking Committee members, introduced the Paycheck Protection Small Business Forgiveness Act, bipartisan legislation to streamline forgiveness of Paycheck Protection Program (PPP) loans for small businesses.
U.S. Sen. Gary Peters, D-MI, has introduced legislation to create the National Institute of Manufacturing, which would streamline national manufacturing programs.