Thu, 05/03/2018 - 07:49

By Jenny Galvan

YEN LogoThe Young Executives Network is hosting a meetup in conjunction with the Formula DRIFT Round 3: Road to the Championship competition at Road Atlanta.

SEMA’s Young Executives Network (YEN) is hosting a meetup for local professionals under the age of 40 who work in various sectors of the automotive industry. The meetup will be held in conjunction with the Formula DRIFT Round 3: Road to the Championship competition at Road Atlanta, Friday, May 11, from 7:00 p.m.–8:00 p.m.

All YEN members and those interested in learning about opportunities to get involved with SEMA and build industry connections are encouraged to attend. YEN leadership and SEMA staff will be present to discuss the network’s initiatives, volunteer opportunities and additional ways to get more involved.

YEN members who RSVP will receive a complimentary, single-day pass to attend the Formula DRIFT event on Friday.

For those who live in the Atlanta area or will be in town for the Formula DRIFT competition, stop by and enjoy an evening with fellow YEN colleagues. Appetizers and drinks will be served.

RSVP now.

For more information, contact SEMA Director of Networks Bryan Harrison at bryanh@sema.org or 909-978-6691.

Thu, 05/03/2018 - 07:49

By Jenny Galvan

YEN LogoThe Young Executives Network is hosting a meetup in conjunction with the Formula DRIFT Round 3: Road to the Championship competition at Road Atlanta.

SEMA’s Young Executives Network (YEN) is hosting a meetup for local professionals under the age of 40 who work in various sectors of the automotive industry. The meetup will be held in conjunction with the Formula DRIFT Round 3: Road to the Championship competition at Road Atlanta, Friday, May 11, from 7:00 p.m.–8:00 p.m.

All YEN members and those interested in learning about opportunities to get involved with SEMA and build industry connections are encouraged to attend. YEN leadership and SEMA staff will be present to discuss the network’s initiatives, volunteer opportunities and additional ways to get more involved.

YEN members who RSVP will receive a complimentary, single-day pass to attend the Formula DRIFT event on Friday.

For those who live in the Atlanta area or will be in town for the Formula DRIFT competition, stop by and enjoy an evening with fellow YEN colleagues. Appetizers and drinks will be served.

RSVP now.

For more information, contact SEMA Director of Networks Bryan Harrison at bryanh@sema.org or 909-978-6691.

Thu, 05/03/2018 - 07:35

By Jenny Galvan

Members of ARMO, HRIA, MPMC and PRO are invited to vote for their respective select committee leaders.

The 2018 SEMA council elections are now open. Members of the Automotive Restoration Market Organization (ARMO), Hot Rod Industry Alliance (HRIA), Motorsports Parts Manufacturers Council (MPMC) and Professional Restylers Organization (PRO) are invited to vote for their respective select committee leaders.

View this year’s candidates!

Make a difference in the future of our industry. All votes must be in by May 11 at 5:00 p.m.

If you have any questions, please contact Member Services Project Specialist Katie Carson at katiec@sema.org or 909-978-6693.

 

 

Thu, 05/03/2018 - 07:35

By Jenny Galvan

Members of ARMO, HRIA, MPMC and PRO are invited to vote for their respective select committee leaders.

The 2018 SEMA council elections are now open. Members of the Automotive Restoration Market Organization (ARMO), Hot Rod Industry Alliance (HRIA), Motorsports Parts Manufacturers Council (MPMC) and Professional Restylers Organization (PRO) are invited to vote for their respective select committee leaders.

View this year’s candidates!

Make a difference in the future of our industry. All votes must be in by May 11 at 5:00 p.m.

If you have any questions, please contact Member Services Project Specialist Katie Carson at katiec@sema.org or 909-978-6693.

 

 

Thu, 05/03/2018 - 07:35

By Jenny Galvan

Members of ARMO, HRIA, MPMC and PRO are invited to vote for their respective select committee leaders.

The 2018 SEMA council elections are now open. Members of the Automotive Restoration Market Organization (ARMO), Hot Rod Industry Alliance (HRIA), Motorsports Parts Manufacturers Council (MPMC) and Professional Restylers Organization (PRO) are invited to vote for their respective select committee leaders.

View this year’s candidates!

Make a difference in the future of our industry. All votes must be in by May 11 at 5:00 p.m.

If you have any questions, please contact Member Services Project Specialist Katie Carson at katiec@sema.org or 909-978-6693.

 

 

Thu, 05/03/2018 - 07:35

By Jenny Galvan

Members of ARMO, HRIA, MPMC and PRO are invited to vote for their respective select committee leaders.

The 2018 SEMA council elections are now open. Members of the Automotive Restoration Market Organization (ARMO), Hot Rod Industry Alliance (HRIA), Motorsports Parts Manufacturers Council (MPMC) and Professional Restylers Organization (PRO) are invited to vote for their respective select committee leaders.

View this year’s candidates!

Make a difference in the future of our industry. All votes must be in by May 11 at 5:00 p.m.

If you have any questions, please contact Member Services Project Specialist Katie Carson at katiec@sema.org or 909-978-6693.

 

 

Thu, 05/03/2018 - 07:35

By Jenny Galvan

Members of ARMO, HRIA, MPMC and PRO are invited to vote for their respective select committee leaders.

The 2018 SEMA council elections are now open. Members of the Automotive Restoration Market Organization (ARMO), Hot Rod Industry Alliance (HRIA), Motorsports Parts Manufacturers Council (MPMC) and Professional Restylers Organization (PRO) are invited to vote for their respective select committee leaders.

View this year’s candidates!

Make a difference in the future of our industry. All votes must be in by May 11 at 5:00 p.m.

If you have any questions, please contact Member Services Project Specialist Katie Carson at katiec@sema.org or 909-978-6693.

 

 

Thu, 05/03/2018 - 07:27

By SEMA Washington, D.C., Staff

On March 23, 2018, the U.S. government imposed global tariffs on steel (25%) and aluminum (10%). U.S.-allied countries may seek an exemption if they can demonstrate fair trade practices. The deadline for reaching an agreement on what constitutes such practices was May 1, but President Trump extended the deadline to June 1. South Korea has reached an accord, and Argentina, Australia and Brazil are reportedly nearing agreement. An accord with Canada and Mexico is tied to a renegotiated North American Free Trade Agreement (NAFTA). The temporary exemption also applies to the European Union, but not to Japan, which is currently subject to the tariffs.

The tariffs apply to processed raw materials (steel/aluminum plate, sheets, bars, etc.), but not finished products (e.g., wheels, exhausts, etc.). At issue is excess global metal production that has reduced prices and resulted in the closure of many U.S. factories. The government estimates that U.S. steel mills are operating at 73% of capacity, and more than half of U.S. aluminum capacity is dormant. Among other factors, the U.S. government contends China built too many factories and is over-producing. Some countries and non-U.S. companies are also dumping/subsidizing the product (selling below market price in the United States). 

U.S.-based companies are eligible for a one-year tariff exclusion if they can demonstrate that the foreign-produced material is not made in the United States in reasonably available quantity or satisfactory quality. More than 4,000 company exclusion requests have been received to date. 

File an exclusion request for steel or aluminum.  

If you have any questions, please contact Stuart Gosswein at stuartg@sema.org.

Thu, 05/03/2018 - 07:27

By SEMA Washington, D.C., Staff

On March 23, 2018, the U.S. government imposed global tariffs on steel (25%) and aluminum (10%). U.S.-allied countries may seek an exemption if they can demonstrate fair trade practices. The deadline for reaching an agreement on what constitutes such practices was May 1, but President Trump extended the deadline to June 1. South Korea has reached an accord, and Argentina, Australia and Brazil are reportedly nearing agreement. An accord with Canada and Mexico is tied to a renegotiated North American Free Trade Agreement (NAFTA). The temporary exemption also applies to the European Union, but not to Japan, which is currently subject to the tariffs.

The tariffs apply to processed raw materials (steel/aluminum plate, sheets, bars, etc.), but not finished products (e.g., wheels, exhausts, etc.). At issue is excess global metal production that has reduced prices and resulted in the closure of many U.S. factories. The government estimates that U.S. steel mills are operating at 73% of capacity, and more than half of U.S. aluminum capacity is dormant. Among other factors, the U.S. government contends China built too many factories and is over-producing. Some countries and non-U.S. companies are also dumping/subsidizing the product (selling below market price in the United States). 

U.S.-based companies are eligible for a one-year tariff exclusion if they can demonstrate that the foreign-produced material is not made in the United States in reasonably available quantity or satisfactory quality. More than 4,000 company exclusion requests have been received to date. 

File an exclusion request for steel or aluminum.  

If you have any questions, please contact Stuart Gosswein at stuartg@sema.org.

Thu, 05/03/2018 - 07:27

By SEMA Washington, D.C., Staff

On March 23, 2018, the U.S. government imposed global tariffs on steel (25%) and aluminum (10%). U.S.-allied countries may seek an exemption if they can demonstrate fair trade practices. The deadline for reaching an agreement on what constitutes such practices was May 1, but President Trump extended the deadline to June 1. South Korea has reached an accord, and Argentina, Australia and Brazil are reportedly nearing agreement. An accord with Canada and Mexico is tied to a renegotiated North American Free Trade Agreement (NAFTA). The temporary exemption also applies to the European Union, but not to Japan, which is currently subject to the tariffs.

The tariffs apply to processed raw materials (steel/aluminum plate, sheets, bars, etc.), but not finished products (e.g., wheels, exhausts, etc.). At issue is excess global metal production that has reduced prices and resulted in the closure of many U.S. factories. The government estimates that U.S. steel mills are operating at 73% of capacity, and more than half of U.S. aluminum capacity is dormant. Among other factors, the U.S. government contends China built too many factories and is over-producing. Some countries and non-U.S. companies are also dumping/subsidizing the product (selling below market price in the United States). 

U.S.-based companies are eligible for a one-year tariff exclusion if they can demonstrate that the foreign-produced material is not made in the United States in reasonably available quantity or satisfactory quality. More than 4,000 company exclusion requests have been received to date. 

File an exclusion request for steel or aluminum.  

If you have any questions, please contact Stuart Gosswein at stuartg@sema.org.