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Surge in Used Car Sales Spells Opportunity for Specialty-Equipment Industry

The automotive industry landscape is rocky, a rapid sales rebound is not on the horizon, and many companies are going through radical restructuring. But even in this environment, a research report commissioned by SEMA and conducted by the Center for Automotive Research (CAR) sees opportunity for SEMA members.

Government Lists Top 10 Cars Purchased Under Clunkers Program

The “Cash for Clunkers” program, officially known as the Car Allowance Rebate Systems (CARS), ran from late July to late August. The program provided government vouchers of $3,500 or $4,500 to be used toward the purchase of a new vehicle for the trade-in of a used vehicle that met certain qualifications. The used vehicle was then scrapped. The program’s premise was to provide the automakers and dealers with a jumpstart in new car sales while getting so-called “gas guzzlers” off the road.

1-in-4 Specialty Equipment Products Sold at Chain Stores

The August edition of the SEMA Consumer Demand Index is now available at

Study Finds New-Vehicle Sales to Peak in 2014

The number of vehicles on the road is expected to increase steadily in the future, according to a recent Center for Automotive Research (CAR) report. New-vehicle sales are forecast to hit bottom this year, then peak at 16.8 million in 2014.

Jeep Wrangler is Best-Selling SUV First Half of '09—See the Rest Here

The Jeep Wrangler was the best-selling SUV from January to June 2009. Dive in to a breakdown of light-truck market sales to see what people are driving and the potential for specialty-equipment sales for light trucks, CUVs and SUVs.

SEMA, Center for Automotive Research Outline Specialty-Equipment Industry's Future

Take one hour on Monday, September 17, to participate in the SEMA webinar, “Major Determinants of U.S. Automotive Demand: Factors Driving the U.S. Automotive Market.” This is your chance to learn more about the major economic drivers of the U.S. automotive market and their potential impact on the specialty-equipment industry.

CAR Study: "Gasoline Prices Drive Powertrain Technologies"

The automotive industry has shifted for good. “Get used to the changing, the fluctuation, fragmenting markets, more niches, smaller and smaller model runs, more vehicles on fewer platforms. Those are all part of our future,” said John Waraniak SEMA Vice President of Vehicle Technology John Waraniak during a recent SEMA webinar.

However, with the shift, Waraniak feels that real opportunities have emerged, and specialty-equipment companies are poised to reap the benefits of change. “That’s where you as innovators and entrepreneurial companies thrive. You can bring [products] to market much faster; your product lifecycles are two to three times faster than the OEM side of the industry," he said.

Good News for Industry: Consumer Demand Highest Since Early '08

The SEMA Consumer Demand Index has risen for the third consecutive month and is at its highest point since early 2008, signaling great news for the specialty-equipment market.

Ford's Win-Win Opportunity for Specialty-Equipment Business and Dealerships

The Ford Licensed Accessories Program offers qualified SEMA members the chance to boost sales of their products through Ford dealerships.
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