Tue, 09/29/2009 - 11:36

SEMA NEWS - September 2009


SEMA NEWS-SEPTEMBER 2009-BUSINESS-BOD

Chairman
1 Rick Rollins
Rollins Performance
Marketing/Consulting

Chairman-Elect
2 Paul “Scooter” Brothers
COMP Performance Group

Immediate Past Chairman
3 Jim Cozzie
Certus Strategic Partners

Secretary/Treasurer
4 Dan Gresham
Coutant Capital

Board Members:
SEMA NEWS-SEPTEMBER 2009-BUSINESS-BOD

 

5 Ralph Accinno
Racers Equipment Warehouse Inc.

6 Joel Ayres
Truck Accessories Group

7 Gale Banks
Gale Banks Engineering

8 Jeff Bates
Bob Cook Sales

9 Luanne Brown
eTool Developers

10 Laurel Dasher
Superchips

11 Donnie Eatherly
P&E Distributors Inc.

12 Doug Evans
Source Interlink Media

13 Ron Funfar
Hedman Hedders/Trans-Dapt

14 Dennis Gage
“My Classic Car,” Bradley David Productions

15 BJ Leanse
Big Country Truck Accessories

16 Zan Martin
Martin & Co. Advertising

17 Bob Moore
Bob Moore & Partners

18 Tony Napoli
American Speed Centers

19 Ed Orzetti
Keystone Automotive Operations Inc.

20 Mike Spagnola
Street Scene Equipment

21 Chris Thomson
AIRAID Filter Company

22 Tim Watts
Superlift Suspension Systems

23 Van Woodell
Weathers Auto Supply

24 Jeep Worthan
Auto Meter

25 Dave Wrobleski
Jim Wrobleski & Co.

David Stutts
Hot Rod Air Inc.
(not pictured)

 

 

Tue, 09/29/2009 - 11:36

SEMA NEWS - September 2009


SEMA NEWS-SEPTEMBER 2009-BUSINESS-BOD

Chairman
1 Rick Rollins
Rollins Performance
Marketing/Consulting

Chairman-Elect
2 Paul “Scooter” Brothers
COMP Performance Group

Immediate Past Chairman
3 Jim Cozzie
Certus Strategic Partners

Secretary/Treasurer
4 Dan Gresham
Coutant Capital

Board Members:
SEMA NEWS-SEPTEMBER 2009-BUSINESS-BOD

 

5 Ralph Accinno
Racers Equipment Warehouse Inc.

6 Joel Ayres
Truck Accessories Group

7 Gale Banks
Gale Banks Engineering

8 Jeff Bates
Bob Cook Sales

9 Luanne Brown
eTool Developers

10 Laurel Dasher
Superchips

11 Donnie Eatherly
P&E Distributors Inc.

12 Doug Evans
Source Interlink Media

13 Ron Funfar
Hedman Hedders/Trans-Dapt

14 Dennis Gage
“My Classic Car,” Bradley David Productions

15 BJ Leanse
Big Country Truck Accessories

16 Zan Martin
Martin & Co. Advertising

17 Bob Moore
Bob Moore & Partners

18 Tony Napoli
American Speed Centers

19 Ed Orzetti
Keystone Automotive Operations Inc.

20 Mike Spagnola
Street Scene Equipment

21 Chris Thomson
AIRAID Filter Company

22 Tim Watts
Superlift Suspension Systems

23 Van Woodell
Weathers Auto Supply

24 Jeep Worthan
Auto Meter

25 Dave Wrobleski
Jim Wrobleski & Co.

David Stutts
Hot Rod Air Inc.
(not pictured)

 

 

Tue, 09/29/2009 - 11:36

SEMA NEWS - September 2009


SEMA NEWS-SEPTEMBER 2009-BUSINESS-BOD

Chairman
1 Rick Rollins
Rollins Performance
Marketing/Consulting

Chairman-Elect
2 Paul “Scooter” Brothers
COMP Performance Group

Immediate Past Chairman
3 Jim Cozzie
Certus Strategic Partners

Secretary/Treasurer
4 Dan Gresham
Coutant Capital

Board Members:
SEMA NEWS-SEPTEMBER 2009-BUSINESS-BOD

 

5 Ralph Accinno
Racers Equipment Warehouse Inc.

6 Joel Ayres
Truck Accessories Group

7 Gale Banks
Gale Banks Engineering

8 Jeff Bates
Bob Cook Sales

9 Luanne Brown
eTool Developers

10 Laurel Dasher
Superchips

11 Donnie Eatherly
P&E Distributors Inc.

12 Doug Evans
Source Interlink Media

13 Ron Funfar
Hedman Hedders/Trans-Dapt

14 Dennis Gage
“My Classic Car,” Bradley David Productions

15 BJ Leanse
Big Country Truck Accessories

16 Zan Martin
Martin & Co. Advertising

17 Bob Moore
Bob Moore & Partners

18 Tony Napoli
American Speed Centers

19 Ed Orzetti
Keystone Automotive Operations Inc.

20 Mike Spagnola
Street Scene Equipment

21 Chris Thomson
AIRAID Filter Company

22 Tim Watts
Superlift Suspension Systems

23 Van Woodell
Weathers Auto Supply

24 Jeep Worthan
Auto Meter

25 Dave Wrobleski
Jim Wrobleski & Co.

David Stutts
Hot Rod Air Inc.
(not pictured)

 

 

Tue, 09/29/2009 - 11:36

SEMA NEWS - September 2009


SEMA NEWS-SEPTEMBER 2009-BUSINESS-BOD

Chairman
1 Rick Rollins
Rollins Performance
Marketing/Consulting

Chairman-Elect
2 Paul “Scooter” Brothers
COMP Performance Group

Immediate Past Chairman
3 Jim Cozzie
Certus Strategic Partners

Secretary/Treasurer
4 Dan Gresham
Coutant Capital

Board Members:
SEMA NEWS-SEPTEMBER 2009-BUSINESS-BOD

 

5 Ralph Accinno
Racers Equipment Warehouse Inc.

6 Joel Ayres
Truck Accessories Group

7 Gale Banks
Gale Banks Engineering

8 Jeff Bates
Bob Cook Sales

9 Luanne Brown
eTool Developers

10 Laurel Dasher
Superchips

11 Donnie Eatherly
P&E Distributors Inc.

12 Doug Evans
Source Interlink Media

13 Ron Funfar
Hedman Hedders/Trans-Dapt

14 Dennis Gage
“My Classic Car,” Bradley David Productions

15 BJ Leanse
Big Country Truck Accessories

16 Zan Martin
Martin & Co. Advertising

17 Bob Moore
Bob Moore & Partners

18 Tony Napoli
American Speed Centers

19 Ed Orzetti
Keystone Automotive Operations Inc.

20 Mike Spagnola
Street Scene Equipment

21 Chris Thomson
AIRAID Filter Company

22 Tim Watts
Superlift Suspension Systems

23 Van Woodell
Weathers Auto Supply

24 Jeep Worthan
Auto Meter

25 Dave Wrobleski
Jim Wrobleski & Co.

David Stutts
Hot Rod Air Inc.
(not pictured)

 

 

Tue, 09/29/2009 - 11:36

SEMA News - September 2009

By Megan McKernan

 

 SEMA News-September 2009-Research
  The top-selling CUV for the month of June was the Ford Escape.

Vehicle Sales and Accessorization

The light-truck market refers to the sales of pickup trucks, sport utility vehicles (SUVs), crossover utility vehicles (CUVs) and even vans. SEMA has traditionally focused primarily on pickup trucks when studying this market, with some emphasis on SUVs. As vehicle sales continue to shift, increased attention should be paid to the presence of CUVs and the opportunities they present to the specialty-equipment market.
Vehicle Sales

Vehicle sales took a definite hit when the economy started to decline. The good news is that vehicle sales have begun to recover. Even the sales of light trucks have increased in recent months. This is great both for vehicle manufacturers and dealerships, as well as for the specialty-equipment market. New pickups, SUVs and CUVs on the road represent opportunities
to manufacturers and retailers of
specialty-equipment parts.

From January through June of this year, overall light-truck sales increased 19%. Specifically, pickup-trucks sales increased 15%, while CUV sales increased 27%. The segment of the light-truck market that has suffered in 2009 is the SUV market, hich has experienced a decrease of 18%. The top-sellingpickup so far in 2009 is the Chevrolet Silverado, followed by the Ford F-Series Light-Duty. The number-one CUV thus far is the Honda CR-V. And the top-selling SUV is the Jeep Wrangler. Despite its position at the top of the sales chart for SUVs, the Wrangler has experienced a decline in sales of 24% since January.

Despite its overall decline in 2009, the SUV market has actually remained the most stable from month to month throughout 2009 compared to the other two segments. For pickups and CUVs, the months of June represented a decrease in sales compared to the previous five months of this year. The light truck market overall, which also includes vans, has experienced much fluctuation as illustrated in Chart below.

SEMA NEWS-SEPTEMBER 2009-RESEARCH

 

 SEMA News-September 2009-Research
 

Despite a decline in sales from January through June of 2009, the Jeep Wrangler is the top selling SUV this year.

Accessorization

The Light-Truck niche has traditionally been the niche that represents the largest portion of the specialty-equipment market. In 2008, manufacturer sales for the Light-Truck niche reached $3 billion compared to $4.7 billion in 2007, while retail sales dipped to $8.4 billion compared to $13 billion. Despite the decrease, this niche remains the largest of the nine that SEMA tracks.

While SEMA has primarily considered pickup trucks when discussing the light-truck market, it is important to remember that the market is in fact made up of other vehicles including SUVs and CUVs. This is particularly significant as CUV vehicle sales represent the greatest portion of all light-trucks sold in the United States. CUVs have features that attract buyers away from both passenger cars and SUVs. They have the utility capabilities and cargo capacity of SUVs but usually have better fuel mileage ratings. If a consumer or enthusiast owns a Ford Explorer or Chevy Tahoe, and is looking for a comparable vehicle that gets better mileage, it would make sense to move to a Ford Edge or Escape or a Chevy Traverse, respectively. The sales data for these vehicles for 2009 indicate that sales of the Ford Escape are about four times that of the Ford Explorer. Similarly, sales of the Chevy Traverse in the month of June were almost twice that of the Chevy Tahoe. This presents a great opportunity for specialty-equipment manufacturers and retailers. As some enthusiasts move from driving SUVs to CUVs, the demand for accessories will shift as well. The good news is that the demand will still be there.

 

SEMA NEWS-SEPTEMBER 2009-RESEARCH

Top 10 Pickups

SEMA NEWS-SEPTEMBER 2009-RESEARCH

Top 10 SUVs

sema news-september 2009-research

Top 10 CUVs

 

According to a study conducted by Foresight Research in 2007, over 50% of owners of SUVs and CUVs spend between $1,000 and $5,000 on accessories. The most popular accessory already purchased was the luggage/bike rack, followed by the cargo area mat. Each year, SEMA conducts the Automotive Lifestyles survey. In the 2008 study, 67% of SUV and CUV owners indicated that their vehicle was purchased as a used vehicle and 75% had owned the vehicle for more than a year and continued to accessorize it. Both of these are important points for the specialty-equipment market to consider. New vehicle sales do not paint the entire picture for the opportunities that SEMA members have to sell parts and accessories for SUVs and CUVs. For more information on the 2009 SUV and CUV Report or the Automotive Lifestyles survey contact Megan McKernan at SEMA’s Market Research Department, 909/396-0289 ext. 125.

Tue, 09/29/2009 - 11:36

SEMA News - September 2009

By Megan McKernan

 

 SEMA News-September 2009-Research
  The top-selling CUV for the month of June was the Ford Escape.

Vehicle Sales and Accessorization

The light-truck market refers to the sales of pickup trucks, sport utility vehicles (SUVs), crossover utility vehicles (CUVs) and even vans. SEMA has traditionally focused primarily on pickup trucks when studying this market, with some emphasis on SUVs. As vehicle sales continue to shift, increased attention should be paid to the presence of CUVs and the opportunities they present to the specialty-equipment market.
Vehicle Sales

Vehicle sales took a definite hit when the economy started to decline. The good news is that vehicle sales have begun to recover. Even the sales of light trucks have increased in recent months. This is great both for vehicle manufacturers and dealerships, as well as for the specialty-equipment market. New pickups, SUVs and CUVs on the road represent opportunities
to manufacturers and retailers of
specialty-equipment parts.

From January through June of this year, overall light-truck sales increased 19%. Specifically, pickup-trucks sales increased 15%, while CUV sales increased 27%. The segment of the light-truck market that has suffered in 2009 is the SUV market, hich has experienced a decrease of 18%. The top-sellingpickup so far in 2009 is the Chevrolet Silverado, followed by the Ford F-Series Light-Duty. The number-one CUV thus far is the Honda CR-V. And the top-selling SUV is the Jeep Wrangler. Despite its position at the top of the sales chart for SUVs, the Wrangler has experienced a decline in sales of 24% since January.

Despite its overall decline in 2009, the SUV market has actually remained the most stable from month to month throughout 2009 compared to the other two segments. For pickups and CUVs, the months of June represented a decrease in sales compared to the previous five months of this year. The light truck market overall, which also includes vans, has experienced much fluctuation as illustrated in Chart below.

SEMA NEWS-SEPTEMBER 2009-RESEARCH

 

 SEMA News-September 2009-Research
 

Despite a decline in sales from January through June of 2009, the Jeep Wrangler is the top selling SUV this year.

Accessorization

The Light-Truck niche has traditionally been the niche that represents the largest portion of the specialty-equipment market. In 2008, manufacturer sales for the Light-Truck niche reached $3 billion compared to $4.7 billion in 2007, while retail sales dipped to $8.4 billion compared to $13 billion. Despite the decrease, this niche remains the largest of the nine that SEMA tracks.

While SEMA has primarily considered pickup trucks when discussing the light-truck market, it is important to remember that the market is in fact made up of other vehicles including SUVs and CUVs. This is particularly significant as CUV vehicle sales represent the greatest portion of all light-trucks sold in the United States. CUVs have features that attract buyers away from both passenger cars and SUVs. They have the utility capabilities and cargo capacity of SUVs but usually have better fuel mileage ratings. If a consumer or enthusiast owns a Ford Explorer or Chevy Tahoe, and is looking for a comparable vehicle that gets better mileage, it would make sense to move to a Ford Edge or Escape or a Chevy Traverse, respectively. The sales data for these vehicles for 2009 indicate that sales of the Ford Escape are about four times that of the Ford Explorer. Similarly, sales of the Chevy Traverse in the month of June were almost twice that of the Chevy Tahoe. This presents a great opportunity for specialty-equipment manufacturers and retailers. As some enthusiasts move from driving SUVs to CUVs, the demand for accessories will shift as well. The good news is that the demand will still be there.

 

SEMA NEWS-SEPTEMBER 2009-RESEARCH

Top 10 Pickups

SEMA NEWS-SEPTEMBER 2009-RESEARCH

Top 10 SUVs

sema news-september 2009-research

Top 10 CUVs

 

According to a study conducted by Foresight Research in 2007, over 50% of owners of SUVs and CUVs spend between $1,000 and $5,000 on accessories. The most popular accessory already purchased was the luggage/bike rack, followed by the cargo area mat. Each year, SEMA conducts the Automotive Lifestyles survey. In the 2008 study, 67% of SUV and CUV owners indicated that their vehicle was purchased as a used vehicle and 75% had owned the vehicle for more than a year and continued to accessorize it. Both of these are important points for the specialty-equipment market to consider. New vehicle sales do not paint the entire picture for the opportunities that SEMA members have to sell parts and accessories for SUVs and CUVs. For more information on the 2009 SUV and CUV Report or the Automotive Lifestyles survey contact Megan McKernan at SEMA’s Market Research Department, 909/396-0289 ext. 125.

Tue, 09/29/2009 - 11:36

SEMA News - September 2009

By Megan McKernan

 

 SEMA News-September 2009-Research
  The top-selling CUV for the month of June was the Ford Escape.

Vehicle Sales and Accessorization

The light-truck market refers to the sales of pickup trucks, sport utility vehicles (SUVs), crossover utility vehicles (CUVs) and even vans. SEMA has traditionally focused primarily on pickup trucks when studying this market, with some emphasis on SUVs. As vehicle sales continue to shift, increased attention should be paid to the presence of CUVs and the opportunities they present to the specialty-equipment market.
Vehicle Sales

Vehicle sales took a definite hit when the economy started to decline. The good news is that vehicle sales have begun to recover. Even the sales of light trucks have increased in recent months. This is great both for vehicle manufacturers and dealerships, as well as for the specialty-equipment market. New pickups, SUVs and CUVs on the road represent opportunities
to manufacturers and retailers of
specialty-equipment parts.

From January through June of this year, overall light-truck sales increased 19%. Specifically, pickup-trucks sales increased 15%, while CUV sales increased 27%. The segment of the light-truck market that has suffered in 2009 is the SUV market, hich has experienced a decrease of 18%. The top-sellingpickup so far in 2009 is the Chevrolet Silverado, followed by the Ford F-Series Light-Duty. The number-one CUV thus far is the Honda CR-V. And the top-selling SUV is the Jeep Wrangler. Despite its position at the top of the sales chart for SUVs, the Wrangler has experienced a decline in sales of 24% since January.

Despite its overall decline in 2009, the SUV market has actually remained the most stable from month to month throughout 2009 compared to the other two segments. For pickups and CUVs, the months of June represented a decrease in sales compared to the previous five months of this year. The light truck market overall, which also includes vans, has experienced much fluctuation as illustrated in Chart below.

SEMA NEWS-SEPTEMBER 2009-RESEARCH

 

 SEMA News-September 2009-Research
 

Despite a decline in sales from January through June of 2009, the Jeep Wrangler is the top selling SUV this year.

Accessorization

The Light-Truck niche has traditionally been the niche that represents the largest portion of the specialty-equipment market. In 2008, manufacturer sales for the Light-Truck niche reached $3 billion compared to $4.7 billion in 2007, while retail sales dipped to $8.4 billion compared to $13 billion. Despite the decrease, this niche remains the largest of the nine that SEMA tracks.

While SEMA has primarily considered pickup trucks when discussing the light-truck market, it is important to remember that the market is in fact made up of other vehicles including SUVs and CUVs. This is particularly significant as CUV vehicle sales represent the greatest portion of all light-trucks sold in the United States. CUVs have features that attract buyers away from both passenger cars and SUVs. They have the utility capabilities and cargo capacity of SUVs but usually have better fuel mileage ratings. If a consumer or enthusiast owns a Ford Explorer or Chevy Tahoe, and is looking for a comparable vehicle that gets better mileage, it would make sense to move to a Ford Edge or Escape or a Chevy Traverse, respectively. The sales data for these vehicles for 2009 indicate that sales of the Ford Escape are about four times that of the Ford Explorer. Similarly, sales of the Chevy Traverse in the month of June were almost twice that of the Chevy Tahoe. This presents a great opportunity for specialty-equipment manufacturers and retailers. As some enthusiasts move from driving SUVs to CUVs, the demand for accessories will shift as well. The good news is that the demand will still be there.

 

SEMA NEWS-SEPTEMBER 2009-RESEARCH

Top 10 Pickups

SEMA NEWS-SEPTEMBER 2009-RESEARCH

Top 10 SUVs

sema news-september 2009-research

Top 10 CUVs

 

According to a study conducted by Foresight Research in 2007, over 50% of owners of SUVs and CUVs spend between $1,000 and $5,000 on accessories. The most popular accessory already purchased was the luggage/bike rack, followed by the cargo area mat. Each year, SEMA conducts the Automotive Lifestyles survey. In the 2008 study, 67% of SUV and CUV owners indicated that their vehicle was purchased as a used vehicle and 75% had owned the vehicle for more than a year and continued to accessorize it. Both of these are important points for the specialty-equipment market to consider. New vehicle sales do not paint the entire picture for the opportunities that SEMA members have to sell parts and accessories for SUVs and CUVs. For more information on the 2009 SUV and CUV Report or the Automotive Lifestyles survey contact Megan McKernan at SEMA’s Market Research Department, 909/396-0289 ext. 125.

Tue, 09/29/2009 - 11:36

SEMA News - September 2009

By Megan McKernan

 

 SEMA News-September 2009-Research
  The top-selling CUV for the month of June was the Ford Escape.

Vehicle Sales and Accessorization

The light-truck market refers to the sales of pickup trucks, sport utility vehicles (SUVs), crossover utility vehicles (CUVs) and even vans. SEMA has traditionally focused primarily on pickup trucks when studying this market, with some emphasis on SUVs. As vehicle sales continue to shift, increased attention should be paid to the presence of CUVs and the opportunities they present to the specialty-equipment market.
Vehicle Sales

Vehicle sales took a definite hit when the economy started to decline. The good news is that vehicle sales have begun to recover. Even the sales of light trucks have increased in recent months. This is great both for vehicle manufacturers and dealerships, as well as for the specialty-equipment market. New pickups, SUVs and CUVs on the road represent opportunities
to manufacturers and retailers of
specialty-equipment parts.

From January through June of this year, overall light-truck sales increased 19%. Specifically, pickup-trucks sales increased 15%, while CUV sales increased 27%. The segment of the light-truck market that has suffered in 2009 is the SUV market, hich has experienced a decrease of 18%. The top-sellingpickup so far in 2009 is the Chevrolet Silverado, followed by the Ford F-Series Light-Duty. The number-one CUV thus far is the Honda CR-V. And the top-selling SUV is the Jeep Wrangler. Despite its position at the top of the sales chart for SUVs, the Wrangler has experienced a decline in sales of 24% since January.

Despite its overall decline in 2009, the SUV market has actually remained the most stable from month to month throughout 2009 compared to the other two segments. For pickups and CUVs, the months of June represented a decrease in sales compared to the previous five months of this year. The light truck market overall, which also includes vans, has experienced much fluctuation as illustrated in Chart below.

SEMA NEWS-SEPTEMBER 2009-RESEARCH

 

 SEMA News-September 2009-Research
 

Despite a decline in sales from January through June of 2009, the Jeep Wrangler is the top selling SUV this year.

Accessorization

The Light-Truck niche has traditionally been the niche that represents the largest portion of the specialty-equipment market. In 2008, manufacturer sales for the Light-Truck niche reached $3 billion compared to $4.7 billion in 2007, while retail sales dipped to $8.4 billion compared to $13 billion. Despite the decrease, this niche remains the largest of the nine that SEMA tracks.

While SEMA has primarily considered pickup trucks when discussing the light-truck market, it is important to remember that the market is in fact made up of other vehicles including SUVs and CUVs. This is particularly significant as CUV vehicle sales represent the greatest portion of all light-trucks sold in the United States. CUVs have features that attract buyers away from both passenger cars and SUVs. They have the utility capabilities and cargo capacity of SUVs but usually have better fuel mileage ratings. If a consumer or enthusiast owns a Ford Explorer or Chevy Tahoe, and is looking for a comparable vehicle that gets better mileage, it would make sense to move to a Ford Edge or Escape or a Chevy Traverse, respectively. The sales data for these vehicles for 2009 indicate that sales of the Ford Escape are about four times that of the Ford Explorer. Similarly, sales of the Chevy Traverse in the month of June were almost twice that of the Chevy Tahoe. This presents a great opportunity for specialty-equipment manufacturers and retailers. As some enthusiasts move from driving SUVs to CUVs, the demand for accessories will shift as well. The good news is that the demand will still be there.

 

SEMA NEWS-SEPTEMBER 2009-RESEARCH

Top 10 Pickups

SEMA NEWS-SEPTEMBER 2009-RESEARCH

Top 10 SUVs

sema news-september 2009-research

Top 10 CUVs

 

According to a study conducted by Foresight Research in 2007, over 50% of owners of SUVs and CUVs spend between $1,000 and $5,000 on accessories. The most popular accessory already purchased was the luggage/bike rack, followed by the cargo area mat. Each year, SEMA conducts the Automotive Lifestyles survey. In the 2008 study, 67% of SUV and CUV owners indicated that their vehicle was purchased as a used vehicle and 75% had owned the vehicle for more than a year and continued to accessorize it. Both of these are important points for the specialty-equipment market to consider. New vehicle sales do not paint the entire picture for the opportunities that SEMA members have to sell parts and accessories for SUVs and CUVs. For more information on the 2009 SUV and CUV Report or the Automotive Lifestyles survey contact Megan McKernan at SEMA’s Market Research Department, 909/396-0289 ext. 125.

Tue, 09/29/2009 - 11:36

SEMA News - September 2009

By Megan McKernan

 

 SEMA News-September 2009-Research
  The top-selling CUV for the month of June was the Ford Escape.

Vehicle Sales and Accessorization

The light-truck market refers to the sales of pickup trucks, sport utility vehicles (SUVs), crossover utility vehicles (CUVs) and even vans. SEMA has traditionally focused primarily on pickup trucks when studying this market, with some emphasis on SUVs. As vehicle sales continue to shift, increased attention should be paid to the presence of CUVs and the opportunities they present to the specialty-equipment market.
Vehicle Sales

Vehicle sales took a definite hit when the economy started to decline. The good news is that vehicle sales have begun to recover. Even the sales of light trucks have increased in recent months. This is great both for vehicle manufacturers and dealerships, as well as for the specialty-equipment market. New pickups, SUVs and CUVs on the road represent opportunities
to manufacturers and retailers of
specialty-equipment parts.

From January through June of this year, overall light-truck sales increased 19%. Specifically, pickup-trucks sales increased 15%, while CUV sales increased 27%. The segment of the light-truck market that has suffered in 2009 is the SUV market, hich has experienced a decrease of 18%. The top-sellingpickup so far in 2009 is the Chevrolet Silverado, followed by the Ford F-Series Light-Duty. The number-one CUV thus far is the Honda CR-V. And the top-selling SUV is the Jeep Wrangler. Despite its position at the top of the sales chart for SUVs, the Wrangler has experienced a decline in sales of 24% since January.

Despite its overall decline in 2009, the SUV market has actually remained the most stable from month to month throughout 2009 compared to the other two segments. For pickups and CUVs, the months of June represented a decrease in sales compared to the previous five months of this year. The light truck market overall, which also includes vans, has experienced much fluctuation as illustrated in Chart below.

SEMA NEWS-SEPTEMBER 2009-RESEARCH

 

 SEMA News-September 2009-Research
 

Despite a decline in sales from January through June of 2009, the Jeep Wrangler is the top selling SUV this year.

Accessorization

The Light-Truck niche has traditionally been the niche that represents the largest portion of the specialty-equipment market. In 2008, manufacturer sales for the Light-Truck niche reached $3 billion compared to $4.7 billion in 2007, while retail sales dipped to $8.4 billion compared to $13 billion. Despite the decrease, this niche remains the largest of the nine that SEMA tracks.

While SEMA has primarily considered pickup trucks when discussing the light-truck market, it is important to remember that the market is in fact made up of other vehicles including SUVs and CUVs. This is particularly significant as CUV vehicle sales represent the greatest portion of all light-trucks sold in the United States. CUVs have features that attract buyers away from both passenger cars and SUVs. They have the utility capabilities and cargo capacity of SUVs but usually have better fuel mileage ratings. If a consumer or enthusiast owns a Ford Explorer or Chevy Tahoe, and is looking for a comparable vehicle that gets better mileage, it would make sense to move to a Ford Edge or Escape or a Chevy Traverse, respectively. The sales data for these vehicles for 2009 indicate that sales of the Ford Escape are about four times that of the Ford Explorer. Similarly, sales of the Chevy Traverse in the month of June were almost twice that of the Chevy Tahoe. This presents a great opportunity for specialty-equipment manufacturers and retailers. As some enthusiasts move from driving SUVs to CUVs, the demand for accessories will shift as well. The good news is that the demand will still be there.

 

SEMA NEWS-SEPTEMBER 2009-RESEARCH

Top 10 Pickups

SEMA NEWS-SEPTEMBER 2009-RESEARCH

Top 10 SUVs

sema news-september 2009-research

Top 10 CUVs

 

According to a study conducted by Foresight Research in 2007, over 50% of owners of SUVs and CUVs spend between $1,000 and $5,000 on accessories. The most popular accessory already purchased was the luggage/bike rack, followed by the cargo area mat. Each year, SEMA conducts the Automotive Lifestyles survey. In the 2008 study, 67% of SUV and CUV owners indicated that their vehicle was purchased as a used vehicle and 75% had owned the vehicle for more than a year and continued to accessorize it. Both of these are important points for the specialty-equipment market to consider. New vehicle sales do not paint the entire picture for the opportunities that SEMA members have to sell parts and accessories for SUVs and CUVs. For more information on the 2009 SUV and CUV Report or the Automotive Lifestyles survey contact Megan McKernan at SEMA’s Market Research Department, 909/396-0289 ext. 125.

Mon, 09/28/2009 - 15:26

SEMA News - September 2009

 

New Sales Training Course Shows How to Increase Profits Through Exemplary Customer Service

SEMA NEWS-SEPTEMBER 2009-BUSINESS 

A satisfied customer leads to repeat business and referrals. Follow the five-step GEARS process and increase your chances of closing the sale.

 

The customer has always been the mainstay of a successful retail business, yet many companies fail to impart good customer service training to their sales staff. The “Focus on the Customer: Introduction to Selling” course is the first of the In-Gear Sales and Marketing Series developed by the SEMA Education Institute (SEI) to ensure that both new and veteran retailers know how to attract potential customers and turn them into repeat business.

“Basic retail sales training continues to be a critical issue for both our manufacturing and retailing members,” said Bob Price, SEI’s executive director. “With the help of sales experts and adult educators, we’ve designed this course to emphasize the importance of good selling and customer service skills.”

The course presents a five-stage sales process that uses the acronym GEARS to describe how to go about approaching and closing a sale. The five steps are:

GREET: Get to know and connect with the customer.

• Always greet customers with a smile soon after they enter the store. Always ask if they need help.
• Once you have made a visual connection, be personable by showing your passion and enthusiasm. Find out what interests them and what brought them to your store. Most importantly, be yourself. Let them know that you are an enthusiast, too.
• While talking to your customer, read his or her verbal cues and body language to help you adjust your approach to fit the customer’s needs.
• Acknowledge other customers who enter the store and are waiting for assistance. This will show your current customer that you genuinely care about your customers and will reassure the other person that they will be helped.

EXPLORE the customer’s needs and wants.

• Ask questions and gather information on the customer’s vehicle. Try to ask at least three open-ended questions to find out what kind of vehicle the customer has, how it is used and what he or she wants to do to it. An example of an open-ended question is: “What changes have you made to your vehicle in the past?” A follow-up question would be: “How did they work out for you?”
• Use this information to make recommendations. Don’t assume that customers know what is available or what they want or need.
• Be thinking about which product(s) will fit the customers’ current needs while also considering their future needs.
• Distinguish between customers who are in a hurry and customers who think they know what they want and don’t realize their options.
• Don’t assume you know what the customer wants or needs. Always ask questions.
• Don’t make up answers to questions you don’t know. Look up the answer in catalogs or websites, or ask a colleague.

SEMA NEWS-SEPTEMBER 2009-BUSINESSASSIST customers with information or options based on what they have said. This serves two purposes: It builds your credibility with the customer, and it makes sure that you are on the right track to finding the right product.

• Reflect back on what you learned about the customer’s plans.
• Pause and let the customer react. Get validation from the customer, which can be in the form of a head nod, smile or verbal agreement.
• Provide information or a service. Suggest another type of product or option they might want to consider. Open up choices that they haven’t thought about. You will know whether they want to go in that direction based on reactions such as tone of voice, facial expression or what they say. Get the customer’s agreement before exploring other options.

RECOMMEND products and solutions based on the customer’s needs and wants.

• Before you start making recommendations, point out the product features and benefits. Describe the feature and relate it to something the customer told you. Watch the customer for signs of validation.
• Most customers buy things based on emotion, even if they think they are making the right decision. Help customers see beyond the obvious features or physical characteristics of the product to the benefits or added value they will receive from the product.
• Present your recommendation and then explain why you made that choice out of all the options that were available. Relate it to the customer’s needs and wants. Look for validation and ask for feedback.

SELL the customer the best possible product for him or her.

• Look for signs that the customer is ready to buy.
• Ask for the sale.
• If you get agreement on the sale, you can suggest complementary products that you think they will also like, but remember to close the primary sale first.
• Know when the customer is ready to buy by paying attention to verbal and visual cues.
• Imply ownership of the product by saying something such as, “This is going to make your truck look great!”

Each of the five steps in the “Focus on the Customer: Introduction to Selling” course is followed by video demonstrations on how to handle potential customer service scenarios. An interactive quiz follows each GEARS overview, and a self-evaluation is also provided at the completion of the course to test and review the participant’s overall knowledge.

“Following a proven retail selling process will help close more sales and even assist with add-on product selling,” said Price. He suggested that SEMA members use the “Introduction to Selling” course as an addition to their own in-house sales training—and as a fun tool to encourage employees to work together to improve their selling skills.

To complete the “Focus on the Customer: Introduction to Selling” course, visit the SEMA Education Institute at and click on the “In Gear: Sales & Marketing” link.

“Selling is a process that anyone can learn to master,” said Price. “All it takes is dedication and desire—and a reliable training system.”