Here is the ’20 GT500 on the road in Race Red.

The GT500 debuted back in January, and Ford stated that the GT500 will be “capable of mid-three-sec. 0–60-mph and sub-11-sec. quarter-mile scores, Shelby GT500 features the best Mustang track times, the best cornering and the largest brakes of any domestic sports coupe, thanks to tech transfer from Ford GT and Mustang GT4 racing programs.”

The GT500 is expected to hit dealerships this fall. It will also be available in Grabber Lime.

Photo credit: Brian Williams, SpiedBilde

Here is the ’20 GT500 on the road in Race Red.

The GT500 debuted back in January, and Ford stated that the GT500 will be “capable of mid-three-sec. 0–60-mph and sub-11-sec. quarter-mile scores, Shelby GT500 features the best Mustang track times, the best cornering and the largest brakes of any domestic sports coupe, thanks to tech transfer from Ford GT and Mustang GT4 racing programs.”

The GT500 is expected to hit dealerships this fall. It will also be available in Grabber Lime.

Photo credit: Brian Williams, SpiedBilde

By SEMA Washington, D.C., Staff

California has raised to $500,000 the amount of sales remote retailers must make before being obligated to collect state sales tax. It had been $100,000 or 200 transactions as of April 1, 2019.  

The tax collection requirement stems from the U.S. Supreme Court’s 2018 “South Dakota vs. Wayfair” decision allowing states to require remote retailers to collect sales taxes even when they have no physical presence in the state. The Court supported a South Dakota law requiring collection unless the out-of-state retailer had less than $100,000 or 200 transactions in annual sales.  

To date, more than 30 states will now require collection. Most of the states adopted South Dakota’s threshold amounts, but California lawmakers decided that it was appropriate to raise the limit to $500,000.  

For more information on remote sellers and state sales taxes, visit the SEMA website.

Questions? Contact Stuart Gosswein at stuartg@sema.org.

By SEMA Washington, D.C., Staff

California has raised to $500,000 the amount of sales remote retailers must make before being obligated to collect state sales tax. It had been $100,000 or 200 transactions as of April 1, 2019.  

The tax collection requirement stems from the U.S. Supreme Court’s 2018 “South Dakota vs. Wayfair” decision allowing states to require remote retailers to collect sales taxes even when they have no physical presence in the state. The Court supported a South Dakota law requiring collection unless the out-of-state retailer had less than $100,000 or 200 transactions in annual sales.  

To date, more than 30 states will now require collection. Most of the states adopted South Dakota’s threshold amounts, but California lawmakers decided that it was appropriate to raise the limit to $500,000.  

For more information on remote sellers and state sales taxes, visit the SEMA website.

Questions? Contact Stuart Gosswein at stuartg@sema.org.

By SEMA Washington, D.C., Staff

California has raised to $500,000 the amount of sales remote retailers must make before being obligated to collect state sales tax. It had been $100,000 or 200 transactions as of April 1, 2019.  

The tax collection requirement stems from the U.S. Supreme Court’s 2018 “South Dakota vs. Wayfair” decision allowing states to require remote retailers to collect sales taxes even when they have no physical presence in the state. The Court supported a South Dakota law requiring collection unless the out-of-state retailer had less than $100,000 or 200 transactions in annual sales.  

To date, more than 30 states will now require collection. Most of the states adopted South Dakota’s threshold amounts, but California lawmakers decided that it was appropriate to raise the limit to $500,000.  

For more information on remote sellers and state sales taxes, visit the SEMA website.

Questions? Contact Stuart Gosswein at stuartg@sema.org.

Less Than 10 Days Until PRI Booth Renewal Deadline

Returning exhibitor applications and deposits for the 2019 Performance Race Industry (PRI) trade show are due May 10.


https://secureprod.performanceracing.com/ESRAapp2019/esra/membercheck.aspx

Less Than 10 Days Until PRI Booth Renewal Deadline

Returning exhibitor applications and deposits for the 2019 Performance Race Industry (PRI) trade show are due May 10.


https://secureprod.performanceracing.com/ESRAapp2019/esra/membercheck.aspx

By SEMA Washington, D.C., Staff

SEMA submitted comments to the U.S. Environmental Protection Agency (EPA) in opposition to its proposed regulation that gas stations be allowed to sell E15 year-round. E15 is gasoline that contains 15% ethanol. Currently, the EPA prohibits the sale of E15 between June 1 and September 15 due to concerns that higher blends of ethanol combined with warmer temperatures may lead to increased ground-level ozone formation and smog.

Large volumes of ethanol are required to be blended into gasoline under the Renewable Fuel Standard (RFS) enacted by Congress in 2005. The law’s blending mandates appear to be driving the EPA’s push to expand E15 sales since sales of E10 gasoline are not meeting required RFS blending levels. While the RFS law was intended to reduce U.S. dependence on foreign oil, it did not take into consideration the fact that ethanol can cause metal corrosion and dissolve certain plastics and rubbers, especially in older cars and certain high-performance equipment that is not constructed with ethanol-resistant materials.  

The EPA recognized the threat ethanol poses to older vehicles when it made it illegal for motorists to fuel pre-’01 vehicles with E15 gas. Besides opposing an expansion of E15 sales, SEMA has urged the EPA to revisit the E15 warning label to ensure that consumers understand that E15 is incompatible with older vehicles, motorcycles, ATVs, boats, small engines and many other machines. The current E15 label is about 3½ x 3 in. SEMA supports making it larger and including the words “WARNING” and “Check your owner’s manual,” along with pictograms of a classic vehicle, boat, motorcycle, ATV, lawnmower, chainsaw and snowmobile.

Download SEMA’s comments to the EPA.  

For additional details, contact Eric Snyder at erics@sema.org.

By SEMA Washington, D.C., Staff

SEMA submitted comments to the U.S. Environmental Protection Agency (EPA) in opposition to its proposed regulation that gas stations be allowed to sell E15 year-round. E15 is gasoline that contains 15% ethanol. Currently, the EPA prohibits the sale of E15 between June 1 and September 15 due to concerns that higher blends of ethanol combined with warmer temperatures may lead to increased ground-level ozone formation and smog.

Large volumes of ethanol are required to be blended into gasoline under the Renewable Fuel Standard (RFS) enacted by Congress in 2005. The law’s blending mandates appear to be driving the EPA’s push to expand E15 sales since sales of E10 gasoline are not meeting required RFS blending levels. While the RFS law was intended to reduce U.S. dependence on foreign oil, it did not take into consideration the fact that ethanol can cause metal corrosion and dissolve certain plastics and rubbers, especially in older cars and certain high-performance equipment that is not constructed with ethanol-resistant materials.  

The EPA recognized the threat ethanol poses to older vehicles when it made it illegal for motorists to fuel pre-’01 vehicles with E15 gas. Besides opposing an expansion of E15 sales, SEMA has urged the EPA to revisit the E15 warning label to ensure that consumers understand that E15 is incompatible with older vehicles, motorcycles, ATVs, boats, small engines and many other machines. The current E15 label is about 3½ x 3 in. SEMA supports making it larger and including the words “WARNING” and “Check your owner’s manual,” along with pictograms of a classic vehicle, boat, motorcycle, ATV, lawnmower, chainsaw and snowmobile.

Download SEMA’s comments to the EPA.  

For additional details, contact Eric Snyder at erics@sema.org.

By SEMA Washington, D.C., Staff

SEMA submitted comments to the U.S. Environmental Protection Agency (EPA) in opposition to its proposed regulation that gas stations be allowed to sell E15 year-round. E15 is gasoline that contains 15% ethanol. Currently, the EPA prohibits the sale of E15 between June 1 and September 15 due to concerns that higher blends of ethanol combined with warmer temperatures may lead to increased ground-level ozone formation and smog.

Large volumes of ethanol are required to be blended into gasoline under the Renewable Fuel Standard (RFS) enacted by Congress in 2005. The law’s blending mandates appear to be driving the EPA’s push to expand E15 sales since sales of E10 gasoline are not meeting required RFS blending levels. While the RFS law was intended to reduce U.S. dependence on foreign oil, it did not take into consideration the fact that ethanol can cause metal corrosion and dissolve certain plastics and rubbers, especially in older cars and certain high-performance equipment that is not constructed with ethanol-resistant materials.  

The EPA recognized the threat ethanol poses to older vehicles when it made it illegal for motorists to fuel pre-’01 vehicles with E15 gas. Besides opposing an expansion of E15 sales, SEMA has urged the EPA to revisit the E15 warning label to ensure that consumers understand that E15 is incompatible with older vehicles, motorcycles, ATVs, boats, small engines and many other machines. The current E15 label is about 3½ x 3 in. SEMA supports making it larger and including the words “WARNING” and “Check your owner’s manual,” along with pictograms of a classic vehicle, boat, motorcycle, ATV, lawnmower, chainsaw and snowmobile.

Download SEMA’s comments to the EPA.  

For additional details, contact Eric Snyder at erics@sema.org.