Businessman, philanthropist and respected NASCAR driver Kyle Petty will be the featured guest at a Congressional reception in Washington, D.C., celebrating the Victory Junction Gang Camp and the American motorsports industry. Sponsored by SEMA, the reception will take place on Wednesday, May 14, 2008.
Boyd Coddington, SEMA Hall of Famer and longtime hot-rod industry icon died Wednesday morning at the age of 63.
Recognized worldwide as an automotive designer, builder and fabricator of innovative hot rods, Coddington is credited with being the winningest custom-car builder of all time. His accolades include the prestigious Grand National Roadster Show’s America’s Most Beautiful Roadster trophy—an honor he claimed on seven separate occasions.
SEMA manufacturing members were given private previews of more than 25 new vehicles during 2007. The vehicles, provided by several OEMs through the SEMA Measuring Session program, were often made available to members months before they were released to the general public. Last year's sessions included vehicles from Chrysler, Ford, GM, Honda, Toyota and more.
The U.S. Department of Commerce has recently issued a number of reports on the automotive aftermarket for countries around the world. Brief reports on the Mexican, Swiss, Polish, Turkish and Australian markets are among the newest reports available at www.sema.org/international.
One of the core segments of the specialty-equipment industry, Performance Street products showed substantial gains in components such as gauges, air filters and intakes, and headers, entered in the New Product Showcase.
Gauges showed one of the highest increases compared to the 2006 SEMA Show. Although accounting for 6.3% of total new performance street products, the number of gauges entered into the New Product Showcase jumped 112% from 2006.
In January, the SEMA Performance Parts and Accessories Demand Index (PADI) dropped by 23 points, or 30%, going from 77 in December to its current reading of 54. Currently, 15% of adult American drivers (or approximately more than 15 million households) have indicated plans to purchase specialty-equipment products sometime within the next three months. Looking closer at the index values for each segment, racing and performance parts jumped to a reading of 76, while wheels/tires/suspension products dipped to 39 and accessory/appearance products fell to 61.
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. 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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