Thu, 05/23/2024 - 12:53

By SEMA News Editors

The SEMA Board of Directors provides strategic direction to the association and plays a critical role in shaping the future of the automotive specialty-equipment industry. There are a total of 11 candidates running for five open seats on the Board for the 2024-2025 election cycle. 

SEMA 2024-2025 Board of Directors candidates

Online voting begins Tuesday, May 28, and will continue through Tuesday, June 11. Voting is open to current SEMA-member companies, and votes must be cast by each company's primary contact. Details on the election were sent to each member-company's designated contact. If you have questions about your company's primary contact, please email Timothy Johnson at timothyj@sema.org.

Get to know this year's SEMA Board of Directors candidates' biographical information, forward-looking statements and related information by clicking the link on each candidate's name.

2024–2025 SEMA BOARD OF DIRECTORS CANDIDATES

(listed alphabetically)

MANUFACTURER (Two Open Seats):

• RICH BARSAMIAN

    Advanced Clutch Technology

BRIAN HERRON

   OPUS IVS

KIM PENDERGAST

   Magnuson Products Incumbent

MELISSA SCOLES

QA1

DISTRIBUTOR/RETAILER (Two Open Seats)

DOUG LANE

   Motor State Distributing 

KELLE OESTE

   V8 Speed Shop 

JOSH POULSON

   Auto Additions Inc. 

ROB WARD

   Legacy EV 

SERVICE (One Open Seat)

BILL BADER

   Summit Motorsports Park

DAVID MORTON

   Fifth Third Bank 

TODD STEEN

   Jackson Marketing


SEMA has partnered with Survey & Ballot Systems (SBS) to administer the 2024 election. To ensure your election-specific broadcast email arrives safely in your inbox by May 28, simply add the following email address as an approved sender: noreply@directvote.net. If you have not received an email "From: SEMA Election Coordinator" by May 29, please check your spam filter or junk mail folder.

The winners will be announced by Friday, June 21, and the new Board members will be formally inducted at the SEMA Awards Gala on Friday, July 19, at the Anaheim Marriott in Anaheim, California. All SEMA-member companies are invited to join the festivities, but seating is limited. To register for the event, go to sema.org/gala

For more information about the Board of Directors election, contact Staci Bostock at stacib@sema.org or call 909-978-6689

Thu, 05/23/2024 - 11:26
NILU

By SEMA News Editors

Nilu27, a new hypercar brand founded by designer Sasha and Inna Selipanov, will debut its first vehicle, the V12-powered NILU, at Pebble Beach during Monterey Car Week in August. 

Sasha Selipanov's previous design work includes the Lamborghini Huracan, Bugatti Chiron and Bugatti Vision Gran Turismo, Koenigsegg Gemera and Koenigsegg CC850. 

The NILU will be first revealed to industry insiders in Los Angeles in early August, then debuted to the public and media on August 15 during Monterey Car Week. 

For more information, visit nilu27.com.

Thu, 05/23/2024 - 11:22
SEMA Show Battle of the Builders 2023

By SEMA News Editors

The SEMA Show, November 5-8 this year in the Las Vegas Convention Center, offers an attendee experience like no other automotive trade show on the planet. Attending is a no-brainer for automotive professionals, enthusiasts, media members, influencers and related industry members, but following are seven reasons why you need to secure their registration (available online here and at the bottom of this article) for this year's SEMA Show:

  • Exhibitors: Discover the latest product and vehicle trends with around 2,400 exhibitors across dozens of product categories: Trucks, SUVs & Off-Road; Restyling & Car Care Accessories; Powersports & Utility Vehicles; Business Services; Mobile Electronics & Technology; Racing & Performance; Hot Rod Alley; Restoration Marketplace; Collision Repair & Refinish; Tools & Equipment; Global Tire Expo (tires) and Wheels & Wheel Accessories; and First-Time and Featured Exhibitors.
  • New Product Showcase: Visit the New Products Showcase to discover thousands of the latest exhibitor products displayed in one location of the Las Vegas Convention Center. Use the SEMA Show mobile app's "Product Scanner" feature to scan and download product photos and exhibitor information that will remain on your app long after the SEMA Show has ended.
  • Education: SEMA Show Education is the single most important week of the year to power a professional development plan for your business and career. Through sessions and unique, immersive programs exploring the industry's most significant challenges and offering immediate takeaways, there is something for every automotive professional.
  • Networking: The SEMA Show is where connections are built. Network with exhibitors, industry leaders and VIPs/celebrities from more than 140 countries and regions. Use the Show's mobile app to see lists of all the events, seminars, conferences, celebrity appearances and speakers, including day, time and location. In addition, this year's program includes SEMA Council & Networks receptions, happy hours and meetings, all designed to help you advance your business and grow your network. You'll also meet face-to-face with others in the industry and build meaningful relationships that will lead to real results and quality connections.
  • Show Features: SEMA Show is teeming with the latest innovations and trends, showcased in several dedicated areas like the SEMA Battle of the Builders; the SEMA FutureTech Studio; the outdoors Optima Village; feature vehicle displays; SEMA Garage: ADAS, Emissions and Product Development; the Collision Repair & Refinish Stage; the Overland Experience; and the SEMA Show Art Walk.
  • Show Events: Unique events and activations such as the SEMA Show Kickoff Breakfast, the Industry Banquet and vehicle demonstrations will provide ample opportunities for the industry to unite.
  • And much more: Of course, attending the SEMA Show in the Las Vegas Convention Center is the best way to boost an automotive professional's business and career path, but be sure to make the most of your time in Vegas with ancillary events like after-hours networking and the second annual SEMA Fest, a celebration of motorsports, music and car culture. Note: Your SEMA Show badge does not provide access to SEMA Fest. Visit SEMAFest.com to stay up-to-date and discover when tickets will be available.

Attendees can maximize their ROI by registering early and taking advantage of housing and travel discounts. Registration is only $40 for qualified attendees who register by June 28. Deadlines and fees for other registration categories can be found at semashow.com/registerHotel reservations, including for several new properties in Las Vegas, are available at the guaranteed lowest rates exclusively for Show attendees through SEMA's official hotel provider, onPeak.

For more information about the 2024 SEMA Show, visit semashow.com. Sign up for updates on SEMA Fest at semafest.com.

Thu, 05/23/2024 - 10:49
Project Vehicle Products

By SEMA News Editors

SEMA Show exhibitors can expand their reach, product exposure and Show-floor presence through the exclusive Products for Project-Vehicle Builders program, which is now open at semashow.com/projectvehicle.

The Products for Project-Vehicle Builders list is designed for builders looking to collaborate and seek product offers straight from confirmed SEMA Show exhibitors.

Qualified builders interested in obtaining a product should contact exhibitors directly with the provided contact information. All product-placement decisions, negotiations and agreements are the responsibility of the exhibiting manufacturer and the builder, with each project vehicle on display at the SEMA Show required to be supported by a current 2024 SEMA Show exhibitor.

The list is open to exhibitors of the 2024 SEMA Show only. To be included in the list, complete the form at semashow.com/projectvehicle.

Qualified builders are encouraged to frequently check the 2024 Products for Project-Vehicle Builders list, as it is updated when submissions come in.


Note: Submissions appear on a first-come, first-served basis. The Project-Vehicle Builders form must be used by exhibitors to participate in the program; email submissions will not be included in the list. Participation in the list does not guarantee product or vehicle placement at the 2024 SEMA Show. It is the responsibility of the exhibitor to confirm the builder is affiliated with and working on a vehicle that will be on display at the SEMA Show. For more information about the list, contact Laura Pitts at projectvehicles@sema.org or call 949-373-9210.

Thu, 05/23/2024 - 10:45
feature vehicle display SEMA Show

By SEMA News Editors

Submissions for the 2024 SEMA Show Featured Vehicle Display are still open online here. Show exhibitors have until Friday, July 26, to submit their application to display their vehicles at the Las Vegas Convention Center, and organizers encourage them to view the full list of rules, regulations and application information here prior to applying. 

Showcasing a vehicle at the SEMA Show is an excellent marketing opportunity for companies to promote their brand's ingenuity to SEMA's thousands of attendees across all categories from lead industry decision-makers and professionals and buyers to social-media influencers with large followings. Accepted vehicles will also be promoted on the SEMA Show app. This promotion includes details such as its make, model, color, products used for the build, the name of the individual credited with the build and the booth number of the sponsoring company. 

But, not just any car can be showcased on the Show floor. To be considered for display, a vehicle must reflect some uniqueness to the automotive industry. These types of vehicles include race cars, prototypes, project builds, revived classics and antiques. These builds must be clean and undamaged, and any displayed logos and artwork on the car must be in good taste. 

Qualified exhibitors are guaranteed at least one display space, ensuring a fair opportunity for all. Organizers ask those with more than one Feature Vehicle submission to rank them by priority. Management will do its best to accommodate entries as space becomes available. However, we cannot guarantee all vehicles from the same applicant will be placed together, as we strive to maintain a diverse and engaging display for our attendees. 

For a complete list of 2024 SEMA Show deadlines, visit here. For more information on Feature Vehicle Display, contact Maurice O'Connell at mauriceo@sema.org.

SEMA's Battle of the Builders Presented by Mothers Polish 

Applicants can also request information on entering their vehicle in this year's Battle of the Builders Presented by Mothers Polish. Entries are judged by a panel of industry experts with awards for most unique and creative displays of craftsmanship across several categories at the Show.  

For more information on SEMA Battle of the Builders, contact botb@sema.org.

Thu, 05/23/2024 - 10:41

By SEMA News Editors

BMR Suspension
Polyurethane Motor Mount Kit for C7 Corvettes
BMR Suspension

The BMR Polyurethane Motor Mount Kit (PN MM570) decreases engine movement, according to the manufacturer, by replacing the soft rubber bushings with stiffer polyurethane bushings. Designed for street performance, drag racing and handling applications, the C7 Corvette Polyurethane Motor Mount Kit is a direct factory replacement and includes both upper and lower mounts to maintain factory engine height.

bmrsuspension.com.


Releasing a new product? Contact editors@sema.org

Thu, 05/23/2024 - 08:53

By Ashley Reyes

SEMA has released new seminar recordings from the 2023 SEMA Show Education Program that highlight the future of electrification and alternative fuels in the automotive aftermarket. 

The SEMA FutureTech Live sessions were part of the new SEMA FutureTech Studio--an exhibit within the Show that showcased what the future of vehicle propulsion may look like. The sessions offer valuable insights presented by experts in the electrification and alternative fuel space. Access the videos here.

FutureTech Live Sessions

Seminar recordings available include:  

The Future of Electrification and the Technology That Will Take Us There

Hear from a panel of global industry leaders, subject-matter experts and thought leaders as they discuss the application, benefits, integration and practical and scalable solutions that can accelerate decarbonization through alternative fuel technologies. Key talking points include the definition of alternative fuels and manufacturing processes; the application of alternative fuels in the automotive industry; emerging technologies and decarbonization targets; and the infrastructure and policies needed for mass adaptation. 

Moderator: Rob Ward (Legacy EV) | Speakers: Eddy Borysewicz (Revolt Systems), Chris Hazell (Fellten), Kirk Miller (Hypercraft USA), Lawson Sumner (Ampere EV)  

How Electrification Will Affect Your Business and What You Can Do About It 

This video offers insights into the impact of electric vehicles (EVs) and the opportunities that the segment provides. Topics include a brief overview of the current EV industry, consumer demand, training opportunities, and industry-driven policy and regulation. 

Speaker: Mavrick Knoles (Legacy EV) 

Fireside Chat with Electrification, The Next Generation of Hot Rodders 

This video offers insights into initiatives for training the next generation of hot rodders through the lens of electrification. Topics include accessibility into the EV space through education and vocational programming, and where the future of electrification is headed. 

Moderator: Rob Ward (Legacy EV) | Speakers: Apl.De.Ap. (Green Thumb Garage, Black Eyed Peas), Audie Vergara (Green Thumb Garage) 

The SEMA FutureTech Live sessions were part of a new SEMA initiative to create a robust career and professional development program for aftermarket professionals. The seminar recordings offer immediate knowledge and takeaways, highlighting new, fresh perspectives from top experts in the automotive community.  

Watch the recordings now and access additional seminar highlights from the 2023 SEMA Show at semashow.com/education-videos

Thu, 05/23/2024 - 08:13
State of the Industry Report

By SEMA News Editors

The automotive specialty-equipment industry continues to see growth, strong demand, and less volatility this year, according to the new "SEMA State of the Industry--Spring 2024 Report," a biannual report focusing on the current business climate, key industry trends and metrics. The report is provided to SEMA members free of charge. 

A total of 48% of manufacturers reported an increase in company sales over the past year--an 8% increase compared to fall 2023. Distributors saw the largest sales shift, with 49% reporting an increase in sales, marking an 18% rise compared to last fall. Meanwhile, a majority of retailers (43%) reported that their sales remained steady. 

"Businesses across the board have continued to see improved sales growth, although rising costs remain a significant challenge across the industry," said SEMA Market Research Director Gavin Knapp. "Our research suggests that despite the price increases, companies are optimistic about their future sales and the growth of the specialty-equipment market in the next three to five years." 

Key findings from the report include: 

  • Sales Rising: More than half of manufacturers (57%), distributors (53%), and retailers (50%) expect their company sales to grow over the coming year. 
  • Opportunity Segments: 38% of manufacturers view off-road as having high opportunity, while 36% of retailers see high opportunity in restoration and classic cars. 
  • Help Wanted: A total of 84% of manufacturers and 80% of distributors expect to hire over the next year, particularly in sales, labor and engineering. 
  • Prices Leveling Off: Many companies have increased their prices due to increased supplier and production costs, however, 43% of manufacturers, 34% of distributors and 34% of retailers/installers are expecting to hold prices steady over the next year. 
  • Pickups a Segment Leader: Pickups remain the top vehicle segment for the aftermarket with the highest sales growth among manufacturers and retailers/installers over the past year. Still, companies see opportunities across a number of different segments. 
  • New Car Prices Dropping: The average price for a new car is $47,244--a decrease of 2% vs. May 2023. 

Chapters within the report include industry performance, sales shifts by channel, vehicle segment insights, product and vehicle trends, manufacturer insights, and retailer and installer trends. 

SEMA business members can download the report for free as a benefit of membership at www.sema.org/research.   

Thu, 05/23/2024 - 07:36
Motivating Employees

By Ashley Reyes

Having motivated employees is crucial to the success of any organization as it leads to higher productivity, increased efficiency, and a healthier and positive workplace culture.

SEMA members are invited to attend the webinar "Motivating Employees, presented by the SEMA Businesswomen's Network (SBN)" on June 18 at 12:00 p.m. (PDT) to learn how to motivate team members to excel in the workplace. Attendees will hear from a panel of automotive aftermarket experts as they discuss strategies that participants may have not considered before and what has worked for them and their companies.

Join the webinar and hear from:

  • Love Lontoc, content and events specialist at KW Automotive North America, Inc. (Moderator)
  • Jaclyn Sunseri, CDMP, vice president of media at Hemmings (Speaker)
  • Kevin Gillis, general manager at Integrity Customs (Speaker)
  • Sean Sawyer, operations manager at Classic Recreations (Speaker)

This is your chance to discover new ways to inspire your employees to perform their best, setting up your team for success. 

Register today!

Thu, 05/23/2024 - 07:01

By SEMA News Editors

The SEMA Board of Directors election is right around the corner. Take some time to get to know your candidates so you can be ready to cast your ballot when voting opens.

Members will receive an email directing recipients to a voting website. Before casting your vote, learn more about the candidates and their thoughts on leading the association in the coming years.

SEMA has partnered with Survey and Ballot Systems (SBS) to administer the 2024 election. To ensure your election-specific broadcast email arrives safely in your inbox on May 28, 2024, add the following email address as an approved sender: noreply@directvote.net.

If you do not receive your election email by May 28, 2024, contact support@directvote.net.

Review the candidates.

 

Distributor Retailer

 

Doug Lane

President

Motor State Distributing

Doug Lane
 
Kelle Oeste

Owner & CEO

V8TV Speed Shop

Kelle Oeste