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SEMA Indicators

A Look at Areas of Interest for Specialty-Equipment CompaniesFor this story, we have drawn upon information from a variety of sources that, taken together, may suggest business trends. SEMA’s trade show data, new-vehicle sales, educational tendencies and other indicators are some of these often-overlooked sources. What follows is a look at some of the areas of interest that may show where business is headed in the near future.
SEMA News—April 2014

BUSINESS
By Steve Campbell

A Look At The Racing and Performance Powertrain Market

By Mike ImlayRacers, street performance enthusiasts, four wheelers, restorers and boat owners all need engines, which means that, at some point, they tap into the performance niche occupied by engine builders and, more often than not, the specialty shops that install replacement engines. It’s a segment composed of small businesses, not-so-small businesses and by OEM crate-engine distributors—all offering powertrain solutions. In fact, use of ready-made drop-in crate engines with known horsepower and torque specifications has become a driving force in the marketplace in recent years. In particular, the GM LS series has become...
SEMA News—April 2014

BUSINESS
By Mike Imlay

Fast Facts

Breaking news from SEMA members, including MultiCam Inc., Meyer Distributing and Vehicle Specialties Inc., Goodguys Gazette, Piston Driven Manufacturing and Performance Racing Industry (PRI), Innovative Creations and more.
SEMA News—April 2014

INDUSTRY NEWS

Silicon Valley Versus Motor City: Race for the Future of the Car

SEMA’s Vice President of Vehicle Technology on the State of Advanced Vehicle Technology and What’s to ComeThe race to define future vehicles is on. Competition for the future of the auto industry is rapidly evolving between Silicon Valley and Detroit. While product is king, vehicle electronics and software rule. The recession accelerated the auto industry’s transformational changes, which are required for growth as well as the reinvention of vehicles—from mechanical to electrical systems, from stand-alone to connected, and from mass markets to personalization and customization. The changes we are going through today will impact the performance aftermarket industry for decades to come.
SEMA News—April 2014

VEHICLE TECHNOLOGY
By John Waraniak

Experts Help You Navigate the Latest in Connected Vehicle Technology

The Product Development Expo, fueled by the SEMA Garage, and sponsored by the SEMA Data Co-op and the Emerging Trends & Technology Network, will be held Thursday, April 10, at SEMA headquarters in Diamond Bar, California. The expo will provide specialty-equipment companies with insight on how the methods for vehicle production have been transformed on the OEM level—specifically during the past 10 years— and require companies to adapt quickly to new and emerging technologies to stay competitive.
SEMA News—April 2014

INDUSTRY NEWS

2014 SEMA Show Booth Space Applications Available

Companies interested in exhibiting at the 2014 SEMA Show, set for November 4–7, 2014, in Las Vegas, may now submit applications for space. Manufacturers that apply before the April 11 deadline will participate in the Priority Booth Space Selection process, where exhibitors are assigned their booth location in the Las Vegas Convention Center. The SEMA Show typically attracts more than 130,000 individuals from more than 125 countries, making the show the world’s premier automotive trade event where buyers and sellers meet to do business.
SEMA News—April 2014

INDUSTRY NEWS

2014 SEMA Show Booth Space Applications Available

 

Booth space applications for the 2014 SEMA Show are available online
Booth space applications for the 2014 SEMA Show are available online.

Tougher Policies: Intellectual Property Protection at the SEMA Show

Do you see increasing examples of trademark rip-offs and illegal knock-off products showing up in online marketing and catalogs? SEMA is hearing more often from members experiencing intellectual property (IP) infringement problems. Protecting IP is something that many industries have struggled with for some time, and our industry is clearly no exception.For a number of years now, SEMA has maintained policies and procedures to prevent the display of products, trademarks and trade dress that violate the IP rights of other SEMA exhibitors. Our goal has always been to ensure proper protection of the IP of industry members.
SEMA News—April 2014

CHRIS KERSTING

New Products Are the Stars

The SEMA Show may be well known for project vehicles and special builds, but amazing new products are the stars of the event. In fact, 60,000 buyers and 3,000 media from all over the world traveled to the Las Vegas Convention Center primarily because of the all the new products on display. Reporters were able to find products in specific categories of interest to their audiences, such as truck, SUV and off-road in the case of Truck Trend and Truckin’, or restoration and racing and performance for Modified magazine. No matter the category, reporters had access to hundreds of amazing new products.  
SEMA News—April 2014

REQUIRED READING

The Most Important Lessons I’ve Learned About Selling for a Living

By John ChapinAfter more than 26 years as a successful salesperson, here is what I know to be true about sales. Lesson #1: If you’re looking for a 9 to 5 job with safety and security, sales is not for you. Sales really is the hardest high-paying work or the easiest low-paying work. Top salespeople are extremely hard workers; they get in early, stay late, and most work on weekends. Top salespeople go above and beyond, answer their phones off-hours and are always ready to respond at a moment’s notice.
SEMA Member News—March/April 2014  

The Most Important Lessons I’ve Learned About Selling for a Living

By John Chapin, www.completeselling.com

Japan Custom-Car Market Overview

Though Japan slipped from the number-three car consumer worldwide in 2011 to number five in 2012, love for automobiles remains very strong among the Japanese. Like Americans, the Japanese are holding on to their cars longer, which makes for a very interesting opportunity for the custom market. People have a desire to give their cars a facelift after a few years when they hold on to them, and that results in more sales for those engaged in the custom-car market. From swapping out wheels to updating headlights to modernizing the entertainment system, the aftermarket business in Japan is booming, and consumers continue to look for new products to enhance their driving experiences.

SEMA News—March 2014

INTERNATIONAL
By Jeff Kagawa

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