In April, the SEMA Performance Parts and Accessories Demand Index (PADI) dropped to an all-time low, going from 30 in March to 26 this month.
It’s no secret that specialty-equipment sales declined in 2008 as a result of our economy taking a turn for the worse during the latter half of last year. Despite this market contraction, 37% of SEMA members recently surveyed noted that their company’s sales actually increased in 2008 over 2007.
Consumers remain hesitant to make new vehicle purchases. Recent economic instability has not only caused consumers to reconsider these substantial purchases, but has also led them to neglect maintenance.
U.S.-based SEMA members seeking to expand their overseas sales are entitled to a complimentary company/product posting on the U.S. Department of Commerce website. The deadline to register is May 7th.
The Scion iQ concept highlights the brand’s original bold design concept and, most important, accessory-friendly approach.
The 2009 New York International Auto Show presented several new and refreshed vehicles for consumers to eye their next possible vehicle purchase. Automakers also unveiled some concept and prototype vehicles to test consumers’ reactions and get a sense of whether their latest design efforts would bode well for future buyers. While attending the press days that led up to the show, the unveiling put forth by automakers revealed a continued shift towards small cars and crossovers.
The 2009 SEMA Show is only a little more than six months away! Start getting your Show gameplan together by viewing the online flooplan and a list of the more than 500 companies already planning their Show exhibits.
Don't wait—Get your booth space locked down today!
SEMA member companies can get hands-on and build pinewood dragsters with the kids from Childhelp.