As Dan Carney of MSNBC.com points out, Americans have had a tendency to supersize everything, from their food to the vehicles they drive. However, with the rising prices of gasoline, more Americans have decided to downsize their vehicles. And the sales of smaller vehicles reflect this change. Honda, for example, reported the most Civic sales ever during the month of May. But for some Americans, the thought of going to a smaller car is an uncomfortable feeling, fearing they are giving up safety for better fuel economy.
General Motors has announced it will sell its Allison Transmission commercial and military business to the private equity firms Carlyle Group and Onex Corp. The selling price is expected to be around $5.6 billion. The agreement will include seven manufacturing operations in Indianapolis along with the worldwide distribution network and sales offices. However, GM will keep a plant in Baltimore, which produces the conventional and hybrid two-mode transmissions used in GM light trucks. Currently, the Allison Transmission is an option on the Silverado 2500 HD with the Duramax Diesel engine.
We saw it a few years ago: young car buyers were accessorizing their rides primarily with "dress-up" parts, such as big wings, race-inspired body kits and a host of dress-up modifications. This may sound like the sport-compact market of yesterday, but that market as we know it today has shifted more toward performance, with appearance almost becoming secondary. So what has happened to that consumer who wants his or her car to look cool and is less concerned with performance? The answer may lie in what is known as the urban-lifestyle market.
The companies and website links listed below represent the members in various categories that have joined SEMA in the past 30 days. For information on SEMA membership, e-mail firstname.lastname@example.org or call 909/396-0289, ext. 114. SEMA membership applications are also available online at www.sema.org.
SEMA-members companies have posted several new listings for job opportunities at www.sema.org/classifieds. Working for a SEMA-member company has many advantages. In addition to working for a company that supports and contributes to the success of the overall industry, being employed by a SEMA-member company enable the employee to participate in webinars, access free market research, join SEMA committees and more. The newest classified listings posted under Positions Available include:
Dates and locations for several upcoming SEMA-sponsored shows and activities have been announced. Details are:
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The latest news from SEMA councils and committees:
Professional Restylers Organization (PRO)