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Senate Passes Paycheck Protection Flexibility Act

The U.S. Senate has passed the Paycheck Protection Program (PPP) Flexibility Act of 2020, which...

The U.S. Senate has passed the Paycheck Protection Program (PPP) Flexibility Act of 2020, which amends PPP terms in favor of loan recipients. Now headed to President Donald Trump, the bill established a minimum maturity of five years for a loan “with a remaining balance after forgiveness,” according to Auto Care Association officials.

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SMP Honors 3 Shops for Good Deeds During COVID-19

Standard Motor Products Inc. (SMP) has announced the three winners of its Standing Together promotion, which sought out automotive repair businesses that were helping their local communities during the COVID-19 pandemic.

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Aftermarket Auto Parts Alliance Adds Shareholder Owner

The Aftermarket Auto Parts Alliance Inc. reports Uni-Select Canada Inc., a wholly-owned subsidiary of Uni-Select Inc., is its newest shareholder owner. Uni-Select is a publicly traded company headquartered in Boucherville, Quebec.