Thu, 06/25/2020 - 09:07

Corvette

Here’s a prototype of the upcoming Corvette C8 Z06 undergoing testing.

All prototypes spotted feature a staggered wheel/tire configuration, with the rear tires being particularly wide. Compared to a “regular” Stingray that is also part of the convoy (along with a Ferrari 458 and Porsche GT2 RS), the eighth-gen Z06 has a wider stance. There’s camo covering what is imagined to be carbon-fiber wheels. Also note the center-exit dual exhaust, which is the first time this kind of exhaust configuration has been seen on the C8.

The Z06 accelerates rapidly, rowing through the first few gears to escape traffic. The high-pitched revs produced by the car are very distinct and are unlike anything else seen from the Corvette lineup throughout its history. A high-revving DOHC 5.5L V8 is expected to be under the hood, based on the racing motor introduced in the C8.R last year.

Corvette

Photo credit: Brian Williams, SpiedBilde

Thu, 06/25/2020 - 09:07

Corvette

Here’s a prototype of the upcoming Corvette C8 Z06 undergoing testing.

All prototypes spotted feature a staggered wheel/tire configuration, with the rear tires being particularly wide. Compared to a “regular” Stingray that is also part of the convoy (along with a Ferrari 458 and Porsche GT2 RS), the eighth-gen Z06 has a wider stance. There’s camo covering what is imagined to be carbon-fiber wheels. Also note the center-exit dual exhaust, which is the first time this kind of exhaust configuration has been seen on the C8.

The Z06 accelerates rapidly, rowing through the first few gears to escape traffic. The high-pitched revs produced by the car are very distinct and are unlike anything else seen from the Corvette lineup throughout its history. A high-revving DOHC 5.5L V8 is expected to be under the hood, based on the racing motor introduced in the C8.R last year.

Corvette

Photo credit: Brian Williams, SpiedBilde

Thu, 06/25/2020 - 09:07

Corvette

Here’s a prototype of the upcoming Corvette C8 Z06 undergoing testing.

All prototypes spotted feature a staggered wheel/tire configuration, with the rear tires being particularly wide. Compared to a “regular” Stingray that is also part of the convoy (along with a Ferrari 458 and Porsche GT2 RS), the eighth-gen Z06 has a wider stance. There’s camo covering what is imagined to be carbon-fiber wheels. Also note the center-exit dual exhaust, which is the first time this kind of exhaust configuration has been seen on the C8.

The Z06 accelerates rapidly, rowing through the first few gears to escape traffic. The high-pitched revs produced by the car are very distinct and are unlike anything else seen from the Corvette lineup throughout its history. A high-revving DOHC 5.5L V8 is expected to be under the hood, based on the racing motor introduced in the C8.R last year.

Corvette

Photo credit: Brian Williams, SpiedBilde

Thu, 06/25/2020 - 08:49

By SEMA Washington, D.C., Staff

Collector Car Appreciation Day (CCAD) will be celebrated this year on July 10. At the request of the SEMA Action Network (SAN), this holiday has been marked each year since 2010 by a U.S. Congressional Resolution recognizing that the “collection and restoration of historic and classic cars is an important part of preserving the technological achievements and cultural heritage of the United States.” States, local governments and Canadian provinces have adopted similar commemorative declarations, making it an international recognition of the collector-car hobby and the millions of individuals who support it.


If you or someone you know is hosting a vehicle-related gathering in July—whether public or private—submit the details at no cost on the SAN website if you haven't done so already! Locate an official listing near you and more on the SEMA Action Network homepage.  Participating organizers will be awarded a copy of the Congressional resolution for display at their registered event.

As in years past, a wide range of automotive festivities are planned to commemorate the occasion. With an understanding that this summer may not allow in-person events, those planning to celebrate with a virtual gathering (online event, livestream, digital gallery, etc.) are welcome to provide details for inclusion on the SAN website. As always, the SAN welcomes any level of participation throughout the month of July and encourages everyone to spread the word about honoring the classics of the past and the future.

Celebrate the hobby your way!

  • Attend an official vehicle-inspired event or web-based celebration.
  • Host your own safety-minded gathering, club meeting or online gallery.
  • Promote a holiday sale at your business in-store or online.
  • Invite partnerships with nearby enthusiast-related groups if possible.
  • Drive your special ride—new or old—whatever the destination.

Check out the video PSA featuring TV personality Courtney Hansen. Please share it using the following link: https://youtu.be/_W09BQ6T19Q

Download the official logo and flyer from the homepage and help promote this special day. 

Thu, 06/25/2020 - 08:49

By SEMA Washington, D.C., Staff

Collector Car Appreciation Day (CCAD) will be celebrated this year on July 10. At the request of the SEMA Action Network (SAN), this holiday has been marked each year since 2010 by a U.S. Congressional Resolution recognizing that the “collection and restoration of historic and classic cars is an important part of preserving the technological achievements and cultural heritage of the United States.” States, local governments and Canadian provinces have adopted similar commemorative declarations, making it an international recognition of the collector-car hobby and the millions of individuals who support it.


If you or someone you know is hosting a vehicle-related gathering in July—whether public or private—submit the details at no cost on the SAN website if you haven't done so already! Locate an official listing near you and more on the SEMA Action Network homepage.  Participating organizers will be awarded a copy of the Congressional resolution for display at their registered event.

As in years past, a wide range of automotive festivities are planned to commemorate the occasion. With an understanding that this summer may not allow in-person events, those planning to celebrate with a virtual gathering (online event, livestream, digital gallery, etc.) are welcome to provide details for inclusion on the SAN website. As always, the SAN welcomes any level of participation throughout the month of July and encourages everyone to spread the word about honoring the classics of the past and the future.

Celebrate the hobby your way!

  • Attend an official vehicle-inspired event or web-based celebration.
  • Host your own safety-minded gathering, club meeting or online gallery.
  • Promote a holiday sale at your business in-store or online.
  • Invite partnerships with nearby enthusiast-related groups if possible.
  • Drive your special ride—new or old—whatever the destination.

Check out the video PSA featuring TV personality Courtney Hansen. Please share it using the following link: https://youtu.be/_W09BQ6T19Q

Download the official logo and flyer from the homepage and help promote this special day. 

Thu, 06/25/2020 - 08:49

By SEMA Washington, D.C., Staff

Collector Car Appreciation Day (CCAD) will be celebrated this year on July 10. At the request of the SEMA Action Network (SAN), this holiday has been marked each year since 2010 by a U.S. Congressional Resolution recognizing that the “collection and restoration of historic and classic cars is an important part of preserving the technological achievements and cultural heritage of the United States.” States, local governments and Canadian provinces have adopted similar commemorative declarations, making it an international recognition of the collector-car hobby and the millions of individuals who support it.


If you or someone you know is hosting a vehicle-related gathering in July—whether public or private—submit the details at no cost on the SAN website if you haven't done so already! Locate an official listing near you and more on the SEMA Action Network homepage.  Participating organizers will be awarded a copy of the Congressional resolution for display at their registered event.

As in years past, a wide range of automotive festivities are planned to commemorate the occasion. With an understanding that this summer may not allow in-person events, those planning to celebrate with a virtual gathering (online event, livestream, digital gallery, etc.) are welcome to provide details for inclusion on the SAN website. As always, the SAN welcomes any level of participation throughout the month of July and encourages everyone to spread the word about honoring the classics of the past and the future.

Celebrate the hobby your way!

  • Attend an official vehicle-inspired event or web-based celebration.
  • Host your own safety-minded gathering, club meeting or online gallery.
  • Promote a holiday sale at your business in-store or online.
  • Invite partnerships with nearby enthusiast-related groups if possible.
  • Drive your special ride—new or old—whatever the destination.

Check out the video PSA featuring TV personality Courtney Hansen. Please share it using the following link: https://youtu.be/_W09BQ6T19Q

Download the official logo and flyer from the homepage and help promote this special day. 

Thu, 06/25/2020 - 08:49

By SEMA Washington, D.C., Staff

Collector Car Appreciation Day (CCAD) will be celebrated this year on July 10. At the request of the SEMA Action Network (SAN), this holiday has been marked each year since 2010 by a U.S. Congressional Resolution recognizing that the “collection and restoration of historic and classic cars is an important part of preserving the technological achievements and cultural heritage of the United States.” States, local governments and Canadian provinces have adopted similar commemorative declarations, making it an international recognition of the collector-car hobby and the millions of individuals who support it.


If you or someone you know is hosting a vehicle-related gathering in July—whether public or private—submit the details at no cost on the SAN website if you haven't done so already! Locate an official listing near you and more on the SEMA Action Network homepage.  Participating organizers will be awarded a copy of the Congressional resolution for display at their registered event.

As in years past, a wide range of automotive festivities are planned to commemorate the occasion. With an understanding that this summer may not allow in-person events, those planning to celebrate with a virtual gathering (online event, livestream, digital gallery, etc.) are welcome to provide details for inclusion on the SAN website. As always, the SAN welcomes any level of participation throughout the month of July and encourages everyone to spread the word about honoring the classics of the past and the future.

Celebrate the hobby your way!

  • Attend an official vehicle-inspired event or web-based celebration.
  • Host your own safety-minded gathering, club meeting or online gallery.
  • Promote a holiday sale at your business in-store or online.
  • Invite partnerships with nearby enthusiast-related groups if possible.
  • Drive your special ride—new or old—whatever the destination.

Check out the video PSA featuring TV personality Courtney Hansen. Please share it using the following link: https://youtu.be/_W09BQ6T19Q

Download the official logo and flyer from the homepage and help promote this special day. 

Thu, 06/25/2020 - 08:49

By SEMA Washington, D.C., Staff

Collector Car Appreciation Day (CCAD) will be celebrated this year on July 10. At the request of the SEMA Action Network (SAN), this holiday has been marked each year since 2010 by a U.S. Congressional Resolution recognizing that the “collection and restoration of historic and classic cars is an important part of preserving the technological achievements and cultural heritage of the United States.” States, local governments and Canadian provinces have adopted similar commemorative declarations, making it an international recognition of the collector-car hobby and the millions of individuals who support it.


If you or someone you know is hosting a vehicle-related gathering in July—whether public or private—submit the details at no cost on the SAN website if you haven't done so already! Locate an official listing near you and more on the SEMA Action Network homepage.  Participating organizers will be awarded a copy of the Congressional resolution for display at their registered event.

As in years past, a wide range of automotive festivities are planned to commemorate the occasion. With an understanding that this summer may not allow in-person events, those planning to celebrate with a virtual gathering (online event, livestream, digital gallery, etc.) are welcome to provide details for inclusion on the SAN website. As always, the SAN welcomes any level of participation throughout the month of July and encourages everyone to spread the word about honoring the classics of the past and the future.

Celebrate the hobby your way!

  • Attend an official vehicle-inspired event or web-based celebration.
  • Host your own safety-minded gathering, club meeting or online gallery.
  • Promote a holiday sale at your business in-store or online.
  • Invite partnerships with nearby enthusiast-related groups if possible.
  • Drive your special ride—new or old—whatever the destination.

Check out the video PSA featuring TV personality Courtney Hansen. Please share it using the following link: https://youtu.be/_W09BQ6T19Q

Download the official logo and flyer from the homepage and help promote this special day. 

Thu, 06/25/2020 - 08:26

By SEMA Washington, D.C., Staff

The deadline for the U.S. Small Business Administration (SBA) to approve Payroll Protection Program (PPP) loans is June 30, 2020, so do not wait to submit your application for the program. More than $120 billion is still available for lending (as of June 20). The SBA has a “Find Local Lenders” page to help locate the nearest PPP lending institutions.  

Lawmakers recently enacted the PPP Flexibility Act to provide companies more options on how funds are used. Highlights include:

  • Loan Amount: PPP loans equal the average of one month’s 2019 payroll multiplied by 2.5 (capped at $10 million).
  • Amount Forgiven: The SBA will forgive that portion of the loan used to cover payroll, rent payments, mortgage interest and the cost of utilities for a fixed period of time. As a result of the PPP Flexibility Act, the employer may now choose the covered period, either: (a) eight consecutive weeks from when the loan was received, or (b) up to 24 weeks from when the loan was received or on December 31, 2020, whichever comes first.
  • Use of Funds: PPP funds can be used to cover payroll, mortgage or rent payments, utilities and other specified expenses. At least 60% of the amount to be forgiven must be spent on payroll, which includes employee benefit costs for vacation, sick/parental leave, insurance premiums, retirement benefits and state and local taxes.
  • Interest Rate and Repayment Terms: The loan interest rate is 1%. Repayments on any amount not forgiven is deferred at least 10 months after the end of the covered period, with a two-year term for loans secured before June 5, and five-year term for loans on or after that date.
  • Rehiring Workers: Employers have until December 31, 2020, to rehire workers and have their salaries count toward forgiveness.
  • Payroll Taxes: Businesses receiving a PPP loan may also defer payment of 2020 payroll taxes.
  • Forgiveness Application: The SBA has created two applications for seeking loan forgiveness—a standard form and an EZ version, which requires fewer calculations and less documentation. 
  1. EZ Forgiveness Application
  2. Standard Forgiveness Application

For more information, visit the SBA's PPP webpage.

Thu, 06/25/2020 - 08:26

By SEMA Washington, D.C., Staff

The deadline for the U.S. Small Business Administration (SBA) to approve Payroll Protection Program (PPP) loans is June 30, 2020, so do not wait to submit your application for the program. More than $120 billion is still available for lending (as of June 20). The SBA has a “Find Local Lenders” page to help locate the nearest PPP lending institutions.  

Lawmakers recently enacted the PPP Flexibility Act to provide companies more options on how funds are used. Highlights include:

  • Loan Amount: PPP loans equal the average of one month’s 2019 payroll multiplied by 2.5 (capped at $10 million).
  • Amount Forgiven: The SBA will forgive that portion of the loan used to cover payroll, rent payments, mortgage interest and the cost of utilities for a fixed period of time. As a result of the PPP Flexibility Act, the employer may now choose the covered period, either: (a) eight consecutive weeks from when the loan was received, or (b) up to 24 weeks from when the loan was received or on December 31, 2020, whichever comes first.
  • Use of Funds: PPP funds can be used to cover payroll, mortgage or rent payments, utilities and other specified expenses. At least 60% of the amount to be forgiven must be spent on payroll, which includes employee benefit costs for vacation, sick/parental leave, insurance premiums, retirement benefits and state and local taxes.
  • Interest Rate and Repayment Terms: The loan interest rate is 1%. Repayments on any amount not forgiven is deferred at least 10 months after the end of the covered period, with a two-year term for loans secured before June 5, and five-year term for loans on or after that date.
  • Rehiring Workers: Employers have until December 31, 2020, to rehire workers and have their salaries count toward forgiveness.
  • Payroll Taxes: Businesses receiving a PPP loan may also defer payment of 2020 payroll taxes.
  • Forgiveness Application: The SBA has created two applications for seeking loan forgiveness—a standard form and an EZ version, which requires fewer calculations and less documentation. 
  1. EZ Forgiveness Application
  2. Standard Forgiveness Application

For more information, visit the SBA's PPP webpage.