Revolutionary Law Marks New Era for Replica Manufacturers
A new law championed by SEMA and industry-friendly lawmakers in Congress has made it easier to manufacture replica cars in the United States.
The year 2015 marked the dawn of a new era for the kit-car industry. A provision included in the highway bill now enables low-volume car manufacturers to each produce and sell up to 325 turn-key replica vehicles in the United States and a total of 5,000 worldwide under a simplified regulatory system. President Obama signed the bill into law in December, providing consumers with greater access to classically styled vehicles that resemble production vehicles manufactured at least 25 years ago, including ’30s-era hot rods and ’60s-era Cobras. The law will also create sales opportunities for companies throughout the supply chain as well as increase jobs and open new markets.