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Fast Facts

Breaking news from SEMA members, including the Coker Group, Champion Oil, Marx Group Advisors, ESAB-a member of the Colfax group of companies, Fox Factory Holding Corp., and more.
SEMA News—June 2014

INDUSTRY NEWS

Launch Pad Competition Returns for 2014

The SEMA Launch Pad competition, in which automotive innovators under the age of 40 showcase their business plans for marketing a product or service, has returned for 2014. Last year’s inaugural winner was Jonathan Mill for the E-Stopp, a pushbutton emergency brake and anti-theft device for custom vehicles. For the 2014 competition, the top 10 competitors will gather votes through the SEMA Facebook/YouTube voting platform. The top five individuals will then receive invitations to pitch their business ideas during a special event in front of an industry-fueled crowd at the 2014 SEMA Show.
SEMA News—June 2014

INDUSTRY NEWS

New SEMA Report Uncovers UTV Purchase Patterns

According to a SEMA study on the utility task vehicle (UTV) market, nearly 82% of UTV owners have purchased or plan to purchase equipment upgrades for their vehicles. This means that 410,000 households in the United States buy UTV accessories, with the average enthusiast spending $1,700 on parts. This means that 410,000 households in the United States buy UTV accessories, with the average enthusiast spending $1,700 on parts.

  
  
SEMA News—June 2014

INDUSTRY NEWS

The Hot-Rod Market

A Classic Segment, Still Growing StrongWho isn’t thrilled by the look and performance roar of a classic hot rod? Virtually synonymous with the earliest days of the automotive specialty-equipment industry, hot rodding never seems to grow old. In fact, the market segment has remained incredibly resilient, even in the face of the recently bumpy economy.
SEMA News—June 2014

BUSINESS
By Mike Imlay

2014 SEMA Middle East Trip

Record Number of SEMA Members Participate in Third Annual Visit to the United Arab EmiratesWhether the motivating factor is to hedge against future downturns in the U.S. economy or to sell to the 95% of consumers residing outside the United States or a combination of the two, SEMA members are increasingly reaching out to overseas resellers. Todd Lindblade, regional sales manager for Extang, based in Michigan, explained one of the reasons why his company and 41 other SEMA members recently spent a week in the United Arab Emirates (UAE) meeting with buyers from throughout the region.
SEMA News—June 2014

INTERNATIONAL
By Linda Spencer

Stu Hilborn

Hilborn was among those who raced on Southern California’s dry lakes in the years prior to World War II. Ironically for a man whose name is now synonymous with fuel injection, Hilborn had little mechanical knowledge when he bought his first hot rod in the ’30s. But he had a neighbor who did—Indy 500 veteran Eddie Miller. Miller helped Hilborn build a flathead-powered Model A that could hit 120 mph on the lakes, and Hilborn proved to be a quick study, in all senses of the word, and he soon wanted to go faster. To do so, he bought a narrow streamliner that had been raced by Bill Warth.
SEMA News—May 2014

HERITAGE

Stu Hilborn

By Drew Hardin
Photo Courtesy Petersen Archives

SPY PHOTOS

Ford’s GT500 Replacement Prototype, Jeep “Latitude” Prototype, Chevrolet Cruze and Diesel Jeep Cherokee.

SEMA News—April 2014

INDUSTRY NEWS

SPY PHOTOS

Photos copyright KGP Photography. Reuse or reproduction without the copyright holder’s consent is prohibited.

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

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

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

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