If you have ever wondered what the difference is between a trademark and a trade secret, you are not alone. Most of the terms used to describe different types of intellectual property (IP) are commonly thrown around interchangeably. However, to protect the IP rights of your company, it is important to take a moment to review the basics of trademark, patent, copyright and trade secret law we have compiled below.
Honoring Four Visionaries
A pioneer is an innovator. An innovator is a dreamer. A dreamer is an enthusiast. And an enthusiast is what we all are. Each year, the SEMA Hall of Fame recognizes members of SEMA and the automotive aftermarket community who have made a difference as they dreamed ideas and built change—enthusiasts with drive who inspired others and transformed a hobby into a thriving industry, leading a trade association to reach more than 50 years of age and 6,500 members deep.
New Introductions and Featured Parts From the 2013 SEMA Show
The restoration marketplace includes not only matching-number renovations of classic cars and trucks but also original-appearing vehicles that have been updated with modern running gear and comfort features. The restomod projects encompass a large portion of the vehicles that many shops now build, but there is also an abundance of nostalgia and traditional projects that call for period- and OE-correct components. On the following pages, we’ve assembled a listing of the restoration parts that were featured in the New Products Showcase at the 2013 SEMA Show. Also included are comments about restoration market trends by professionals who manufacture, distribute or use many of the products found on these pages.
New-Generation SVO Mustang, Ford Raptor Mule, SRT Challenger Hellcat, and GM Colorado, Canyon Diesel With VW Amarok.
Car-Care and Restyling Products From the 2013 SEMA Show
From classic cars to today’s modern muscle, every automobile requires care, and each can also benefit from components that may subtly or outrageously change a vehicle’s appearance. At the 2013 SEMA Show, dozens of products were displayed under the car-care and restyling classifications in the New Products Showcase. The range of innovation ran from spoiler sunroofs and body side moldings to polishes, waxes and protective films. We’ve gathered the full contingent for your perusal here, along with comments on industry trends from a few executives who represent some of the industry’s leading car-care companies.
A Powersports Category Snapshot
SEMA research indicates that more than a third of automotive accessory enthusiasts are likely to own a powersports vehicle. That means the powersports market offers great crossover potential for aftermarket businesses catering to other specialty-equipment segments. So what’s one of the hottest trends in the powersports arena?
The SEMA-commissioned report notes that approximately 670,000 UTV models were sold from 2010 to 2012. This is consistent with other market analyses that have predicted continued healthy growth of the segment through 2015.
The Innovations Center Opens for Business
The photo you see on the cover of this month’s SEMA News was taken in the newly completed SEMA Garage photo studio. It’s a shot of rock guitarist Billy Gibbons, who was kind enough to pose with his project car, which SO-CAL Speed Shop is preparing for the 2014 SEMA Show. Gibbons was on hand to view progress on the car, confer with SO-CAL designer/builders Pete Chapouris and Jimmy Shine, and to tour the SEMA Garage, which is now officially open for business.
A Classic Segment, Still Growing Strong
Who 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.
It’s been quite a year for SEMA on the technology front. Just last May, the SEMA Data Co-op (SDC) went live for the first time with a fully functioning Product Information Management System. Since that time, more than 300 industry suppliers have engaged with the SDC to gather, validate, store and distribute their product data to more than 350 data receivers—a number that is growing every week.
In order to eliminate as many roadblocks to data distribution as possible, the SDC is providing free unlimited data exports to all SEMA-member receivers, along with proactively helping suppliers improve their data sets with expert Help Desk services and powerful, online, do-it-yourself data-management tools.
Record Number of SEMA Members Participate in Third Annual Visit to the United Arab Emirates
Whether 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.