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.
Twenty-one industry professionals are vying for a position on the 2009-2010 SEMA Board of Directors, which provides strategic direction to the association and plays a critical role in shaping the future of the automotive specialty-equipment industry.
The deadline to participate in the 2009 SEMA Show priority space selection is only two weeks away. Whether this is your company’s 40th or 1st SEMA Show, you won’t want to miss this opportunity to get the best booth location possible.
You can now demonstrate your spirit for racing and giving back by
signing up to participate in the second annual SEMA Pinewood Drag Race,
presented by eBay Motors, held August 1, 2009, in Pasadena, California.
JetBlue is offering a 5% discount on airfare to the 2009 SEMA Show.