SEMA’s monthly forecasting tool to determine consumer demand for industry products has been rebranded SEMA Consumer Demand Index for Performance Products and Accessories. Formerly called PADI, short for Performance and Accessories Demand Index, the new name seeks to clarify the intent and purpose of the program. Archived and future reports will still be available by searching Consumer Demand Index or PADI.

Consumer optimism: The June 2009 Consumer Demand Index indicates in increasing demand for SEMA industry products over the next 90 days.

Last month, 826 interviews were conducted nationwide via Random Digital Dial (RDD) telephone survey, resulting in a 14 point increase in the Consumer Demand Index level from the previous month. At 46, the Index is at its highest point since September 2008, and this is the second consecutive month demand has increased.

The Consumer Demand Index is a weighted composite index, set to an initial value of 100 based on consumer demand levels benchmarked between January and March 2007.

The SEMA Consumer Demand Index for Performance Products and Accessories measures purchase intentions of consumers (both enthusiast and mainstream) over the following 90 days. As enthusiasts represent approximately 10-15% of U.S. drivers, the Index is likely to be an indicator of mainstream consumer demand for automotive specialty and performance products.

Download the full report here or find it on the Research page on www.sema.org.

SEMA’s monthly forecasting tool to determine consumer demand for industry products has been rebranded SEMA Consumer Demand Index for Performance Products and Accessories. Formerly called PADI, short for Performance and Accessories Demand Index, the new name seeks to clarify the intent and purpose of the program. Archived and future reports will still be available by searching Consumer Demand Index or PADI.

Consumer optimism: The June 2009 Consumer Demand Index indicates in increasing demand for SEMA industry products over the next 90 days.

Last month, 826 interviews were conducted nationwide via Random Digital Dial (RDD) telephone survey, resulting in a 14 point increase in the Consumer Demand Index level from the previous month. At 46, the Index is at its highest point since September 2008, and this is the second consecutive month demand has increased.

The Consumer Demand Index is a weighted composite index, set to an initial value of 100 based on consumer demand levels benchmarked between January and March 2007.

The SEMA Consumer Demand Index for Performance Products and Accessories measures purchase intentions of consumers (both enthusiast and mainstream) over the following 90 days. As enthusiasts represent approximately 10-15% of U.S. drivers, the Index is likely to be an indicator of mainstream consumer demand for automotive specialty and performance products.

Download the full report here or find it on the Research page on www.sema.org.

SEMA’s monthly forecasting tool to determine consumer demand for industry products has been rebranded SEMA Consumer Demand Index for Performance Products and Accessories. Formerly called PADI, short for Performance and Accessories Demand Index, the new name seeks to clarify the intent and purpose of the program. Archived and future reports will still be available by searching Consumer Demand Index or PADI.

Consumer optimism: The June 2009 Consumer Demand Index indicates in increasing demand for SEMA industry products over the next 90 days.

Last month, 826 interviews were conducted nationwide via Random Digital Dial (RDD) telephone survey, resulting in a 14 point increase in the Consumer Demand Index level from the previous month. At 46, the Index is at its highest point since September 2008, and this is the second consecutive month demand has increased.

The Consumer Demand Index is a weighted composite index, set to an initial value of 100 based on consumer demand levels benchmarked between January and March 2007.

The SEMA Consumer Demand Index for Performance Products and Accessories measures purchase intentions of consumers (both enthusiast and mainstream) over the following 90 days. As enthusiasts represent approximately 10-15% of U.S. drivers, the Index is likely to be an indicator of mainstream consumer demand for automotive specialty and performance products.

Download the full report here or find it on the Research page on www.sema.org.

SEMA’s monthly forecasting tool to determine consumer demand for industry products has been rebranded SEMA Consumer Demand Index for Performance Products and Accessories. Formerly called PADI, short for Performance and Accessories Demand Index, the new name seeks to clarify the intent and purpose of the program. Archived and future reports will still be available by searching Consumer Demand Index or PADI.

Consumer optimism: The June 2009 Consumer Demand Index indicates in increasing demand for SEMA industry products over the next 90 days.

Last month, 826 interviews were conducted nationwide via Random Digital Dial (RDD) telephone survey, resulting in a 14 point increase in the Consumer Demand Index level from the previous month. At 46, the Index is at its highest point since September 2008, and this is the second consecutive month demand has increased.

The Consumer Demand Index is a weighted composite index, set to an initial value of 100 based on consumer demand levels benchmarked between January and March 2007.

The SEMA Consumer Demand Index for Performance Products and Accessories measures purchase intentions of consumers (both enthusiast and mainstream) over the following 90 days. As enthusiasts represent approximately 10-15% of U.S. drivers, the Index is likely to be an indicator of mainstream consumer demand for automotive specialty and performance products.

Download the full report here or find it on the Research page on www.sema.org.

INJURED: Formula One driver Felipe Massa and IndyCar Series driver Tony Kanaan each suffered injuries over the weekend. Massa was hit on the head by a spring from another car causing him to crash. He suffered serious head injuries and was in a medically induced coma for 48 hours, but was awake, alert and talking with family on Monday afternoon. Kanaan, meanwhile suffered burns on his hands and face when his car was engulfed in flames during a pit stop. Kanaan plans to race this weekend.

INVESTIGATED: Former Grand Am driver Henri Zogaib is being investigated on charges he cheated investors including Grand Am and NASCAR drivers out of $5.4 million in what is being termed a Ponzi Scheme.

SHORT TRACKING: Honda Performance Development is planning to expand its racing presence into the grassroots motorsports market, developing products and services for amateur and entry-level professional competitors.

SWEET HOME ALABAMA: The Indy Racing League IndyCar Series will take its show to Alabama’s Barber Motorsports Park next April after opening the season on a street course in Brazil. While that race is new, it is apparent that Richmond International Raceway will not host a race for the series for the first time in many years. The full schedule is expected to be announced August 1.

SPONSOR HUNT: Daytona 500 winner Matt Kenseth and his Roush Fenway Racing team are hunting a new sponsor after announcing DeWalt Tools will leave the team at the end of the season.

STILL ON TOP: Tony Stewart remained on top of the National Speed Sport News Power Rankings, which rates drivers from all auto-racing disciplines. However, NHRA Top Fuel driver Antron Brown jumped from sixth to second. The rankings appear weekly in America’s Motorsports Authority.

SUBSCRIBE: National Speed Sport News has been published weekly since 1934. Subscribe to National Speed Sport News for a special industry rate.

INJURED: Formula One driver Felipe Massa and IndyCar Series driver Tony Kanaan each suffered injuries over the weekend. Massa was hit on the head by a spring from another car causing him to crash. He suffered serious head injuries and was in a medically induced coma for 48 hours, but was awake, alert and talking with family on Monday afternoon. Kanaan, meanwhile suffered burns on his hands and face when his car was engulfed in flames during a pit stop. Kanaan plans to race this weekend.

INVESTIGATED: Former Grand Am driver Henri Zogaib is being investigated on charges he cheated investors including Grand Am and NASCAR drivers out of $5.4 million in what is being termed a Ponzi Scheme.

SHORT TRACKING: Honda Performance Development is planning to expand its racing presence into the grassroots motorsports market, developing products and services for amateur and entry-level professional competitors.

SWEET HOME ALABAMA: The Indy Racing League IndyCar Series will take its show to Alabama’s Barber Motorsports Park next April after opening the season on a street course in Brazil. While that race is new, it is apparent that Richmond International Raceway will not host a race for the series for the first time in many years. The full schedule is expected to be announced August 1.

SPONSOR HUNT: Daytona 500 winner Matt Kenseth and his Roush Fenway Racing team are hunting a new sponsor after announcing DeWalt Tools will leave the team at the end of the season.

STILL ON TOP: Tony Stewart remained on top of the National Speed Sport News Power Rankings, which rates drivers from all auto-racing disciplines. However, NHRA Top Fuel driver Antron Brown jumped from sixth to second. The rankings appear weekly in America’s Motorsports Authority.

SUBSCRIBE: National Speed Sport News has been published weekly since 1934. Subscribe to National Speed Sport News for a special industry rate.

INJURED: Formula One driver Felipe Massa and IndyCar Series driver Tony Kanaan each suffered injuries over the weekend. Massa was hit on the head by a spring from another car causing him to crash. He suffered serious head injuries and was in a medically induced coma for 48 hours, but was awake, alert and talking with family on Monday afternoon. Kanaan, meanwhile suffered burns on his hands and face when his car was engulfed in flames during a pit stop. Kanaan plans to race this weekend.

INVESTIGATED: Former Grand Am driver Henri Zogaib is being investigated on charges he cheated investors including Grand Am and NASCAR drivers out of $5.4 million in what is being termed a Ponzi Scheme.

SHORT TRACKING: Honda Performance Development is planning to expand its racing presence into the grassroots motorsports market, developing products and services for amateur and entry-level professional competitors.

SWEET HOME ALABAMA: The Indy Racing League IndyCar Series will take its show to Alabama’s Barber Motorsports Park next April after opening the season on a street course in Brazil. While that race is new, it is apparent that Richmond International Raceway will not host a race for the series for the first time in many years. The full schedule is expected to be announced August 1.

SPONSOR HUNT: Daytona 500 winner Matt Kenseth and his Roush Fenway Racing team are hunting a new sponsor after announcing DeWalt Tools will leave the team at the end of the season.

STILL ON TOP: Tony Stewart remained on top of the National Speed Sport News Power Rankings, which rates drivers from all auto-racing disciplines. However, NHRA Top Fuel driver Antron Brown jumped from sixth to second. The rankings appear weekly in America’s Motorsports Authority.

SUBSCRIBE: National Speed Sport News has been published weekly since 1934. Subscribe to National Speed Sport News for a special industry rate.

SEMA has formed a health care advisory group to help formulate the association’s position on the issues confronting the Congress as it debates various reform proposals. Among these issues are employer mandates (pay or play), requiring individuals to purchase coverage, and establishing a government-run plan to compete with private insurance.  SEMA will continue to advocate for a provision allowing small businesses to band together across state lines and purchase health insurance (commonly referred to as “small business health plans”). The advisory group is comprised of nine SEMA-member companies that are familiar with the reform debate, have been actively involved in SEMA grassroots activities, and are a representative member sampling based on market niche and size.  

Legislation introduced by the Democratic majority in the U.S. House of Representatives has been approved by the Ways & Means and Education & Labor Committees and is now being debated by the Energy & Commerce Committee. In the Senate, the Health Committee approved a bill and the Finance Committee is negotiating its version of the same measure. The Senate will use the August recess to seek agreement on the major issues and the House may do the same. President Obama is attempting to guide the process and hold lawmakers to a strict time table (end of 2009). Nevertheless, he is allowing lawmakers to “write” the legislation so that they will take ownership of the process. This may also allow him to help lawmakers reach a compromise when the legislation inevitably reaches a “melt down” phase.  

SEMA’s advocacy efforts are coordinated with the National Federation of Independent Business (NFIB) and the Small Business Coalition for Affordable Healthcare. For additional information, contact Stuart Gosswein.

SEMA has formed a health care advisory group to help formulate the association’s position on the issues confronting the Congress as it debates various reform proposals. Among these issues are employer mandates (pay or play), requiring individuals to purchase coverage, and establishing a government-run plan to compete with private insurance.  SEMA will continue to advocate for a provision allowing small businesses to band together across state lines and purchase health insurance (commonly referred to as “small business health plans”). The advisory group is comprised of nine SEMA-member companies that are familiar with the reform debate, have been actively involved in SEMA grassroots activities, and are a representative member sampling based on market niche and size.  

Legislation introduced by the Democratic majority in the U.S. House of Representatives has been approved by the Ways & Means and Education & Labor Committees and is now being debated by the Energy & Commerce Committee. In the Senate, the Health Committee approved a bill and the Finance Committee is negotiating its version of the same measure. The Senate will use the August recess to seek agreement on the major issues and the House may do the same. President Obama is attempting to guide the process and hold lawmakers to a strict time table (end of 2009). Nevertheless, he is allowing lawmakers to “write” the legislation so that they will take ownership of the process. This may also allow him to help lawmakers reach a compromise when the legislation inevitably reaches a “melt down” phase.  

SEMA’s advocacy efforts are coordinated with the National Federation of Independent Business (NFIB) and the Small Business Coalition for Affordable Healthcare. For additional information, contact Stuart Gosswein.

SEMA has formed a health care advisory group to help formulate the association’s position on the issues confronting the Congress as it debates various reform proposals. Among these issues are employer mandates (pay or play), requiring individuals to purchase coverage, and establishing a government-run plan to compete with private insurance.  SEMA will continue to advocate for a provision allowing small businesses to band together across state lines and purchase health insurance (commonly referred to as “small business health plans”). The advisory group is comprised of nine SEMA-member companies that are familiar with the reform debate, have been actively involved in SEMA grassroots activities, and are a representative member sampling based on market niche and size.  

Legislation introduced by the Democratic majority in the U.S. House of Representatives has been approved by the Ways & Means and Education & Labor Committees and is now being debated by the Energy & Commerce Committee. In the Senate, the Health Committee approved a bill and the Finance Committee is negotiating its version of the same measure. The Senate will use the August recess to seek agreement on the major issues and the House may do the same. President Obama is attempting to guide the process and hold lawmakers to a strict time table (end of 2009). Nevertheless, he is allowing lawmakers to “write” the legislation so that they will take ownership of the process. This may also allow him to help lawmakers reach a compromise when the legislation inevitably reaches a “melt down” phase.  

SEMA’s advocacy efforts are coordinated with the National Federation of Independent Business (NFIB) and the Small Business Coalition for Affordable Healthcare. For additional information, contact Stuart Gosswein.