Consumers are holding onto their light trucks a bit longer than they have in the past. Vehicle registration data recently released by R.L. Polk & Co. shows that in 2007, the median age of all light trucks registered in the United States reached 7.1 years, a steady increase from 6.8 in 2006 and 6.6 in 2005. According to the Polk data, the surge of SUVs and pickups purchased in the '90s is pushing up the median age of light trucks on the roads today.
SEMA Councils and Committees
SEMA-member 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 enables employees to participate in webinars, access free market research, join SEMA committees and more.
Dates and locations for several upcoming SEMA-sponsored shows and activities have been announced. Details are:
Filler for eNews
The SEMA National Education Conference, scheduled for April 10–11 in Nashville, is a concentrated, two-day leadership program developed exclusively for automotive specialty-equipment executives. With the knowledge shared at this conference, you'll discover how to lead your company to new levels of success. You'll receive real-world skills for immediate application, targeted information presented specifically for the automotive specialty-equipment industry and inspiration to make the necessary changes to more easily and effectively meet the challenges of a rapidly changing future.
ARMO Members—Help Shape the Future of Your Industry
Members of ARMO have the unique opportunity to help shape the future of the restoration industry by choosing appropriate representatives to serve on the Select Committee as their eyes, ears and voice.
Filler for eNews
The Visteon board of directors elected Steve Hamp to join the board, effective March 1. Hamp previously served on the company's board from January 2001-2005. Hamp has been the principal of Hamp Advisors LLC since March 2007. Previously, he was the vice president and chief of staff for Ford Motor Co. from November 2005 through October 2006.