Tue, 03/01/2011 - 13:43

SEMA News—March 2011

  Chris Kersting, SEMA President and CEO  
   
The specialty-equipment industry and automakers have come a long way in developing a relationship that is mutually beneficial.

More and more, OEMs see that the availability of accessories improves their dealers’ ability to sell vehicles. And they acknowledge that aftermarket manufacturers, who are in touch with enthusiastic car owners, are often the first to recognize important trends. Smart dealers are increasingly recognizing that a customized vehicle in the showroom can bring more customers through the door and get them more excited about a purchase. But until now, there was not much real data on the “accessory effect.”

Recently, SEMA asked AutoPacific to collect and analyze consumer data to measure the effect that specialty-equipment products have on sales of new vehicles. They studied the effects of accessorized vehicles on both new-vehicle purchasers who modified their vehicle and those who did not. The results carry important news for the automotive industry—and the first of two stories summarizing the data appears starting on p. 96 of this issue.

A key finding: aftermarket products influence at least 1.1 million new-vehicle sales each year. An interesting wrinkle is that those new-car buyers who were influenced report the highest level of satisfaction with their vehicle. In short, accessorized vehicles not only inspire a customer to buy, but accessories make customers more satisfied with the purchase.

This enlightened understanding forms a compelling case for specialty-equipment manufacturers to work hand-in-hand with OEMs and their dealers. Where those relationships can be fostered, the net result is to sell more cars—and more accessories.

Here at SEMA, we look for ways to make it easier for OEMs, car dealers and specialty-equipment manufacturers to cooperate and grow their markets. Members who might want to broaden their sales to include new-car dealerships—or even OEM suppliers—can take advantage of a number of SEMA services and programs.

Measuring Sessions: Here’s your chance to get timely, hands-on access to new vehicles and talk directly to the automaker’s engineers and technical staff during a SEMA Measuring Session. SEMA Measuring Sessions are presented in conjunction with leading OEMs and give participating members the opportunity to get intimate, detailed information on today’s most popular cars and trucks.

Technology Transfer: A huge value for SEMA manufacturers—SEMA’s Technology Transfer program shares computer-aided design (CAD) data sourced directly from the OEMs. Members taking advantage of this program can reduce development cycle time and costs and have faster speed-to-market.

Rapid Prototyping Service: The SEMA Rapid Prototyping Service can produce an ABS plastic prototype of your design created at a substantially reduced, member-only rate, leading to earlier product validation by eliminating costly casting molds or CNC programming.

We hope you’ll get a chance to review our stories on the new “Accessory Influencers Study.” Taken as a whole, the data suggests that new opportunities are at hand for specialty-equipment manufacturers. SEMA is here to help.

—Chris Kersting, SEMA President and CEO

Tue, 03/01/2011 - 13:43

SEMA News—March 2011

  Chris Kersting, SEMA President and CEO  
   
The specialty-equipment industry and automakers have come a long way in developing a relationship that is mutually beneficial.

More and more, OEMs see that the availability of accessories improves their dealers’ ability to sell vehicles. And they acknowledge that aftermarket manufacturers, who are in touch with enthusiastic car owners, are often the first to recognize important trends. Smart dealers are increasingly recognizing that a customized vehicle in the showroom can bring more customers through the door and get them more excited about a purchase. But until now, there was not much real data on the “accessory effect.”

Recently, SEMA asked AutoPacific to collect and analyze consumer data to measure the effect that specialty-equipment products have on sales of new vehicles. They studied the effects of accessorized vehicles on both new-vehicle purchasers who modified their vehicle and those who did not. The results carry important news for the automotive industry—and the first of two stories summarizing the data appears starting on p. 96 of this issue.

A key finding: aftermarket products influence at least 1.1 million new-vehicle sales each year. An interesting wrinkle is that those new-car buyers who were influenced report the highest level of satisfaction with their vehicle. In short, accessorized vehicles not only inspire a customer to buy, but accessories make customers more satisfied with the purchase.

This enlightened understanding forms a compelling case for specialty-equipment manufacturers to work hand-in-hand with OEMs and their dealers. Where those relationships can be fostered, the net result is to sell more cars—and more accessories.

Here at SEMA, we look for ways to make it easier for OEMs, car dealers and specialty-equipment manufacturers to cooperate and grow their markets. Members who might want to broaden their sales to include new-car dealerships—or even OEM suppliers—can take advantage of a number of SEMA services and programs.

Measuring Sessions: Here’s your chance to get timely, hands-on access to new vehicles and talk directly to the automaker’s engineers and technical staff during a SEMA Measuring Session. SEMA Measuring Sessions are presented in conjunction with leading OEMs and give participating members the opportunity to get intimate, detailed information on today’s most popular cars and trucks.

Technology Transfer: A huge value for SEMA manufacturers—SEMA’s Technology Transfer program shares computer-aided design (CAD) data sourced directly from the OEMs. Members taking advantage of this program can reduce development cycle time and costs and have faster speed-to-market.

Rapid Prototyping Service: The SEMA Rapid Prototyping Service can produce an ABS plastic prototype of your design created at a substantially reduced, member-only rate, leading to earlier product validation by eliminating costly casting molds or CNC programming.

We hope you’ll get a chance to review our stories on the new “Accessory Influencers Study.” Taken as a whole, the data suggests that new opportunities are at hand for specialty-equipment manufacturers. SEMA is here to help.

—Chris Kersting, SEMA President and CEO

Tue, 03/01/2011 - 13:43

SEMA News—March 2011

  Chris Kersting, SEMA President and CEO  
   
The specialty-equipment industry and automakers have come a long way in developing a relationship that is mutually beneficial.

More and more, OEMs see that the availability of accessories improves their dealers’ ability to sell vehicles. And they acknowledge that aftermarket manufacturers, who are in touch with enthusiastic car owners, are often the first to recognize important trends. Smart dealers are increasingly recognizing that a customized vehicle in the showroom can bring more customers through the door and get them more excited about a purchase. But until now, there was not much real data on the “accessory effect.”

Recently, SEMA asked AutoPacific to collect and analyze consumer data to measure the effect that specialty-equipment products have on sales of new vehicles. They studied the effects of accessorized vehicles on both new-vehicle purchasers who modified their vehicle and those who did not. The results carry important news for the automotive industry—and the first of two stories summarizing the data appears starting on p. 96 of this issue.

A key finding: aftermarket products influence at least 1.1 million new-vehicle sales each year. An interesting wrinkle is that those new-car buyers who were influenced report the highest level of satisfaction with their vehicle. In short, accessorized vehicles not only inspire a customer to buy, but accessories make customers more satisfied with the purchase.

This enlightened understanding forms a compelling case for specialty-equipment manufacturers to work hand-in-hand with OEMs and their dealers. Where those relationships can be fostered, the net result is to sell more cars—and more accessories.

Here at SEMA, we look for ways to make it easier for OEMs, car dealers and specialty-equipment manufacturers to cooperate and grow their markets. Members who might want to broaden their sales to include new-car dealerships—or even OEM suppliers—can take advantage of a number of SEMA services and programs.

Measuring Sessions: Here’s your chance to get timely, hands-on access to new vehicles and talk directly to the automaker’s engineers and technical staff during a SEMA Measuring Session. SEMA Measuring Sessions are presented in conjunction with leading OEMs and give participating members the opportunity to get intimate, detailed information on today’s most popular cars and trucks.

Technology Transfer: A huge value for SEMA manufacturers—SEMA’s Technology Transfer program shares computer-aided design (CAD) data sourced directly from the OEMs. Members taking advantage of this program can reduce development cycle time and costs and have faster speed-to-market.

Rapid Prototyping Service: The SEMA Rapid Prototyping Service can produce an ABS plastic prototype of your design created at a substantially reduced, member-only rate, leading to earlier product validation by eliminating costly casting molds or CNC programming.

We hope you’ll get a chance to review our stories on the new “Accessory Influencers Study.” Taken as a whole, the data suggests that new opportunities are at hand for specialty-equipment manufacturers. SEMA is here to help.

—Chris Kersting, SEMA President and CEO

Tue, 03/01/2011 - 13:43

SEMA News—March 2011

  Chris Kersting, SEMA President and CEO  
   
The specialty-equipment industry and automakers have come a long way in developing a relationship that is mutually beneficial.

More and more, OEMs see that the availability of accessories improves their dealers’ ability to sell vehicles. And they acknowledge that aftermarket manufacturers, who are in touch with enthusiastic car owners, are often the first to recognize important trends. Smart dealers are increasingly recognizing that a customized vehicle in the showroom can bring more customers through the door and get them more excited about a purchase. But until now, there was not much real data on the “accessory effect.”

Recently, SEMA asked AutoPacific to collect and analyze consumer data to measure the effect that specialty-equipment products have on sales of new vehicles. They studied the effects of accessorized vehicles on both new-vehicle purchasers who modified their vehicle and those who did not. The results carry important news for the automotive industry—and the first of two stories summarizing the data appears starting on p. 96 of this issue.

A key finding: aftermarket products influence at least 1.1 million new-vehicle sales each year. An interesting wrinkle is that those new-car buyers who were influenced report the highest level of satisfaction with their vehicle. In short, accessorized vehicles not only inspire a customer to buy, but accessories make customers more satisfied with the purchase.

This enlightened understanding forms a compelling case for specialty-equipment manufacturers to work hand-in-hand with OEMs and their dealers. Where those relationships can be fostered, the net result is to sell more cars—and more accessories.

Here at SEMA, we look for ways to make it easier for OEMs, car dealers and specialty-equipment manufacturers to cooperate and grow their markets. Members who might want to broaden their sales to include new-car dealerships—or even OEM suppliers—can take advantage of a number of SEMA services and programs.

Measuring Sessions: Here’s your chance to get timely, hands-on access to new vehicles and talk directly to the automaker’s engineers and technical staff during a SEMA Measuring Session. SEMA Measuring Sessions are presented in conjunction with leading OEMs and give participating members the opportunity to get intimate, detailed information on today’s most popular cars and trucks.

Technology Transfer: A huge value for SEMA manufacturers—SEMA’s Technology Transfer program shares computer-aided design (CAD) data sourced directly from the OEMs. Members taking advantage of this program can reduce development cycle time and costs and have faster speed-to-market.

Rapid Prototyping Service: The SEMA Rapid Prototyping Service can produce an ABS plastic prototype of your design created at a substantially reduced, member-only rate, leading to earlier product validation by eliminating costly casting molds or CNC programming.

We hope you’ll get a chance to review our stories on the new “Accessory Influencers Study.” Taken as a whole, the data suggests that new opportunities are at hand for specialty-equipment manufacturers. SEMA is here to help.

—Chris Kersting, SEMA President and CEO

Tue, 03/01/2011 - 13:43

SEMA News—March 2011

  Chris Kersting, SEMA President and CEO  
   
The specialty-equipment industry and automakers have come a long way in developing a relationship that is mutually beneficial.

More and more, OEMs see that the availability of accessories improves their dealers’ ability to sell vehicles. And they acknowledge that aftermarket manufacturers, who are in touch with enthusiastic car owners, are often the first to recognize important trends. Smart dealers are increasingly recognizing that a customized vehicle in the showroom can bring more customers through the door and get them more excited about a purchase. But until now, there was not much real data on the “accessory effect.”

Recently, SEMA asked AutoPacific to collect and analyze consumer data to measure the effect that specialty-equipment products have on sales of new vehicles. They studied the effects of accessorized vehicles on both new-vehicle purchasers who modified their vehicle and those who did not. The results carry important news for the automotive industry—and the first of two stories summarizing the data appears starting on p. 96 of this issue.

A key finding: aftermarket products influence at least 1.1 million new-vehicle sales each year. An interesting wrinkle is that those new-car buyers who were influenced report the highest level of satisfaction with their vehicle. In short, accessorized vehicles not only inspire a customer to buy, but accessories make customers more satisfied with the purchase.

This enlightened understanding forms a compelling case for specialty-equipment manufacturers to work hand-in-hand with OEMs and their dealers. Where those relationships can be fostered, the net result is to sell more cars—and more accessories.

Here at SEMA, we look for ways to make it easier for OEMs, car dealers and specialty-equipment manufacturers to cooperate and grow their markets. Members who might want to broaden their sales to include new-car dealerships—or even OEM suppliers—can take advantage of a number of SEMA services and programs.

Measuring Sessions: Here’s your chance to get timely, hands-on access to new vehicles and talk directly to the automaker’s engineers and technical staff during a SEMA Measuring Session. SEMA Measuring Sessions are presented in conjunction with leading OEMs and give participating members the opportunity to get intimate, detailed information on today’s most popular cars and trucks.

Technology Transfer: A huge value for SEMA manufacturers—SEMA’s Technology Transfer program shares computer-aided design (CAD) data sourced directly from the OEMs. Members taking advantage of this program can reduce development cycle time and costs and have faster speed-to-market.

Rapid Prototyping Service: The SEMA Rapid Prototyping Service can produce an ABS plastic prototype of your design created at a substantially reduced, member-only rate, leading to earlier product validation by eliminating costly casting molds or CNC programming.

We hope you’ll get a chance to review our stories on the new “Accessory Influencers Study.” Taken as a whole, the data suggests that new opportunities are at hand for specialty-equipment manufacturers. SEMA is here to help.

—Chris Kersting, SEMA President and CEO

Tue, 03/01/2011 - 13:41

MINI Roadster

The new MINI Roadster has made several test runs lately, says spy shooter Brenda Priddy, who delivered these first shots of the hotter S model. Not looking much different from the MINI Coupe Concept that debuted at the 2009 Frankfurt Motor Show, the production model has a steeply raked windshield and a very abrupt greenhouse.

Aside from the obvious S badge on display, the hood scoop, more aggressive fascias, sportier wheels and center-mount dual exhaust tell us this MINI is faster than most. There is also a small, retractable spoiler hiding under the swirly camo.

Priddy says that hiding under the hood should be the 208hp, 1.6L turbocharged four-cylinder. A smaller gasoline or diesel motor should be offered as well. Watch for the official debut later this year.

MINI Roadster Back
Photo Credit: Brenda Priddy & Company

Tue, 03/01/2011 - 13:41

MINI Roadster

The new MINI Roadster has made several test runs lately, says spy shooter Brenda Priddy, who delivered these first shots of the hotter S model. Not looking much different from the MINI Coupe Concept that debuted at the 2009 Frankfurt Motor Show, the production model has a steeply raked windshield and a very abrupt greenhouse.

Aside from the obvious S badge on display, the hood scoop, more aggressive fascias, sportier wheels and center-mount dual exhaust tell us this MINI is faster than most. There is also a small, retractable spoiler hiding under the swirly camo.

Priddy says that hiding under the hood should be the 208hp, 1.6L turbocharged four-cylinder. A smaller gasoline or diesel motor should be offered as well. Watch for the official debut later this year.

MINI Roadster Back
Photo Credit: Brenda Priddy & Company

Tue, 03/01/2011 - 13:40
BONUS MONEY: The IZOD IndyCar Series will offer a $5 million bonus for a driver from outside the series who can come in and win the season finale at Las Vegas Motor Speedway October 16. The event will be known as the IZOD IndyCar World Championships.

SHUT DOWN: De Ferran Dragon Racing has shut down because of a lack of sponsorship. The team had previously signed driver Tony Kanaan, but Kanaan was unable to secure funding for the IZOD IndyCar Series season.

MERGER:
Sam Schmidt Motorsports has merged with the FAZZT Racing Team that fields an entry in the IZOD IndyCar Series for driver Alex Tagliani.

NEW RULES:
The Knoxville (Iowa) Raceway Masters Classic for 360 sprint cars will no longer permit drivers with more than 10 starts in a winged 410 sprint car during the last two years to compete in the annual event, which features drivers age 50 or older.

MONEY ISSUES:
Ray Evernham has sued George Gillett Jr. for the $19.3 million he is still owed from the sale of Evernham Motorsports NASCAR Sprint Cup team to Gillett in 2007. Gillett no longer owns the team, which is now known as Richard Petty Motorsports.

WIDE OPEN: Morgan Lucas (Top Fuel), Robert Hight (Funny Car) and Jason Line (Pro Stock) opened the NHRA Full Throttle Drag Racing Series season with victories during the Kragen O’Reilly Auto Parts NHRA Winternationals at Auto Club Raceway at Pomona, California, Sunday.

DROUGHT BUSTED: Jeff Gordon put an end to his 66-race winless streak by winning the NASCAR Sprint Cup Series event at Phoenix International Raceway in Avondale, Arizona, Sunday afternoon.

MOD MONEY: Terry Phillips drove to victory during the USRA Winter Meltdown for modifieds at Southern New Mexico Speedway in Las Cruces, New Mexico, pocketing $20,000 for his efforts.

FEES WAVED: Because the Bahrain Grand Prix was canceled, Formula One boss Bernie Ecclestone will not charge event officials the standard $31 million sanctioning fee.

SUBSCRIBE:
National Speed Sport News has been published weekly since 1934. To subscribe to National Speed Sport News, click here for more information.
Tue, 03/01/2011 - 13:40
BONUS MONEY: The IZOD IndyCar Series will offer a $5 million bonus for a driver from outside the series who can come in and win the season finale at Las Vegas Motor Speedway October 16. The event will be known as the IZOD IndyCar World Championships.

SHUT DOWN: De Ferran Dragon Racing has shut down because of a lack of sponsorship. The team had previously signed driver Tony Kanaan, but Kanaan was unable to secure funding for the IZOD IndyCar Series season.

MERGER:
Sam Schmidt Motorsports has merged with the FAZZT Racing Team that fields an entry in the IZOD IndyCar Series for driver Alex Tagliani.

NEW RULES:
The Knoxville (Iowa) Raceway Masters Classic for 360 sprint cars will no longer permit drivers with more than 10 starts in a winged 410 sprint car during the last two years to compete in the annual event, which features drivers age 50 or older.

MONEY ISSUES:
Ray Evernham has sued George Gillett Jr. for the $19.3 million he is still owed from the sale of Evernham Motorsports NASCAR Sprint Cup team to Gillett in 2007. Gillett no longer owns the team, which is now known as Richard Petty Motorsports.

WIDE OPEN: Morgan Lucas (Top Fuel), Robert Hight (Funny Car) and Jason Line (Pro Stock) opened the NHRA Full Throttle Drag Racing Series season with victories during the Kragen O’Reilly Auto Parts NHRA Winternationals at Auto Club Raceway at Pomona, California, Sunday.

DROUGHT BUSTED: Jeff Gordon put an end to his 66-race winless streak by winning the NASCAR Sprint Cup Series event at Phoenix International Raceway in Avondale, Arizona, Sunday afternoon.

MOD MONEY: Terry Phillips drove to victory during the USRA Winter Meltdown for modifieds at Southern New Mexico Speedway in Las Cruces, New Mexico, pocketing $20,000 for his efforts.

FEES WAVED: Because the Bahrain Grand Prix was canceled, Formula One boss Bernie Ecclestone will not charge event officials the standard $31 million sanctioning fee.

SUBSCRIBE:
National Speed Sport News has been published weekly since 1934. To subscribe to National Speed Sport News, click here for more information.
Tue, 03/01/2011 - 13:40
BONUS MONEY: The IZOD IndyCar Series will offer a $5 million bonus for a driver from outside the series who can come in and win the season finale at Las Vegas Motor Speedway October 16. The event will be known as the IZOD IndyCar World Championships.

SHUT DOWN: De Ferran Dragon Racing has shut down because of a lack of sponsorship. The team had previously signed driver Tony Kanaan, but Kanaan was unable to secure funding for the IZOD IndyCar Series season.

MERGER:
Sam Schmidt Motorsports has merged with the FAZZT Racing Team that fields an entry in the IZOD IndyCar Series for driver Alex Tagliani.

NEW RULES:
The Knoxville (Iowa) Raceway Masters Classic for 360 sprint cars will no longer permit drivers with more than 10 starts in a winged 410 sprint car during the last two years to compete in the annual event, which features drivers age 50 or older.

MONEY ISSUES:
Ray Evernham has sued George Gillett Jr. for the $19.3 million he is still owed from the sale of Evernham Motorsports NASCAR Sprint Cup team to Gillett in 2007. Gillett no longer owns the team, which is now known as Richard Petty Motorsports.

WIDE OPEN: Morgan Lucas (Top Fuel), Robert Hight (Funny Car) and Jason Line (Pro Stock) opened the NHRA Full Throttle Drag Racing Series season with victories during the Kragen O’Reilly Auto Parts NHRA Winternationals at Auto Club Raceway at Pomona, California, Sunday.

DROUGHT BUSTED: Jeff Gordon put an end to his 66-race winless streak by winning the NASCAR Sprint Cup Series event at Phoenix International Raceway in Avondale, Arizona, Sunday afternoon.

MOD MONEY: Terry Phillips drove to victory during the USRA Winter Meltdown for modifieds at Southern New Mexico Speedway in Las Cruces, New Mexico, pocketing $20,000 for his efforts.

FEES WAVED: Because the Bahrain Grand Prix was canceled, Formula One boss Bernie Ecclestone will not charge event officials the standard $31 million sanctioning fee.

SUBSCRIBE:
National Speed Sport News has been published weekly since 1934. To subscribe to National Speed Sport News, click here for more information.