Thu, 05/28/2009 - 10:47

Legislation introduced in the U.S. Senate to establish a one-year national vehicle scrappage program includes a SEMA provision to prevent cars that are 25 years or older from being crushed. The bill was introduced by Sen. Debbie Stabenow (D-MI) and Sen. Sam Brownback (R-KS) and is otherwise identical to legislation recently approved by the House Energy Committee by a 50-4 vote.

Under the so-called "cash for clunkers" program, consumers who buy a qualifying new car would receive a voucher credit in exchange for scrapping a trade-in car that gets less than 18 mpg (15 mpg for heavy pickups and vans). Under the SEMA provision however, the trade-in car or truck must be less than 25 years old. Senators Stabenow and Brownback included the stipulation to help safeguard vehicles that may possess “historic or aesthetic value” and are irreplaceable to hobbyists as a source of restoration parts.

The car buyer would receive a $3,500 voucher if they bought a new passenger car that was at least 4 mpg higher than the older vehicle or a new pickup truck/SUV that was at least 2 mpg higher than the old truck. They would receive $4,500 if the passenger car was at least 10 mpg higher and the truck/SUV was at least 5 mpg higher. The program would mandate that the engine block and drivetrain be destroyed.

Many lawmakers view a vehicle scrappage program as a mechanism to stimulate auto sales and reduce excess dealership inventory. While still promoting better ways to spur sales and clean the environment, SEMA is also seeking to mitigate the potential unintended consequences and damage a scrappage program might have on the automotive aftermarket.

The Senate will likely consider the vehicle scrappage legislation in early June. SEMA will continue to work to ensure that the 25-year provision remains in any bill enacted into law.

For additional information, contact Stuart Gosswein.

Thu, 05/28/2009 - 10:47

Legislation introduced in the U.S. Senate to establish a one-year national vehicle scrappage program includes a SEMA provision to prevent cars that are 25 years or older from being crushed. The bill was introduced by Sen. Debbie Stabenow (D-MI) and Sen. Sam Brownback (R-KS) and is otherwise identical to legislation recently approved by the House Energy Committee by a 50-4 vote.

Under the so-called "cash for clunkers" program, consumers who buy a qualifying new car would receive a voucher credit in exchange for scrapping a trade-in car that gets less than 18 mpg (15 mpg for heavy pickups and vans). Under the SEMA provision however, the trade-in car or truck must be less than 25 years old. Senators Stabenow and Brownback included the stipulation to help safeguard vehicles that may possess “historic or aesthetic value” and are irreplaceable to hobbyists as a source of restoration parts.

The car buyer would receive a $3,500 voucher if they bought a new passenger car that was at least 4 mpg higher than the older vehicle or a new pickup truck/SUV that was at least 2 mpg higher than the old truck. They would receive $4,500 if the passenger car was at least 10 mpg higher and the truck/SUV was at least 5 mpg higher. The program would mandate that the engine block and drivetrain be destroyed.

Many lawmakers view a vehicle scrappage program as a mechanism to stimulate auto sales and reduce excess dealership inventory. While still promoting better ways to spur sales and clean the environment, SEMA is also seeking to mitigate the potential unintended consequences and damage a scrappage program might have on the automotive aftermarket.

The Senate will likely consider the vehicle scrappage legislation in early June. SEMA will continue to work to ensure that the 25-year provision remains in any bill enacted into law.

For additional information, contact Stuart Gosswein.

Thu, 05/28/2009 - 10:47

Legislation introduced in the U.S. Senate to establish a one-year national vehicle scrappage program includes a SEMA provision to prevent cars that are 25 years or older from being crushed. The bill was introduced by Sen. Debbie Stabenow (D-MI) and Sen. Sam Brownback (R-KS) and is otherwise identical to legislation recently approved by the House Energy Committee by a 50-4 vote.

Under the so-called "cash for clunkers" program, consumers who buy a qualifying new car would receive a voucher credit in exchange for scrapping a trade-in car that gets less than 18 mpg (15 mpg for heavy pickups and vans). Under the SEMA provision however, the trade-in car or truck must be less than 25 years old. Senators Stabenow and Brownback included the stipulation to help safeguard vehicles that may possess “historic or aesthetic value” and are irreplaceable to hobbyists as a source of restoration parts.

The car buyer would receive a $3,500 voucher if they bought a new passenger car that was at least 4 mpg higher than the older vehicle or a new pickup truck/SUV that was at least 2 mpg higher than the old truck. They would receive $4,500 if the passenger car was at least 10 mpg higher and the truck/SUV was at least 5 mpg higher. The program would mandate that the engine block and drivetrain be destroyed.

Many lawmakers view a vehicle scrappage program as a mechanism to stimulate auto sales and reduce excess dealership inventory. While still promoting better ways to spur sales and clean the environment, SEMA is also seeking to mitigate the potential unintended consequences and damage a scrappage program might have on the automotive aftermarket.

The Senate will likely consider the vehicle scrappage legislation in early June. SEMA will continue to work to ensure that the 25-year provision remains in any bill enacted into law.

For additional information, contact Stuart Gosswein.

Thu, 05/28/2009 - 10:47

Legislation introduced in the U.S. Senate to establish a one-year national vehicle scrappage program includes a SEMA provision to prevent cars that are 25 years or older from being crushed. The bill was introduced by Sen. Debbie Stabenow (D-MI) and Sen. Sam Brownback (R-KS) and is otherwise identical to legislation recently approved by the House Energy Committee by a 50-4 vote.

Under the so-called "cash for clunkers" program, consumers who buy a qualifying new car would receive a voucher credit in exchange for scrapping a trade-in car that gets less than 18 mpg (15 mpg for heavy pickups and vans). Under the SEMA provision however, the trade-in car or truck must be less than 25 years old. Senators Stabenow and Brownback included the stipulation to help safeguard vehicles that may possess “historic or aesthetic value” and are irreplaceable to hobbyists as a source of restoration parts.

The car buyer would receive a $3,500 voucher if they bought a new passenger car that was at least 4 mpg higher than the older vehicle or a new pickup truck/SUV that was at least 2 mpg higher than the old truck. They would receive $4,500 if the passenger car was at least 10 mpg higher and the truck/SUV was at least 5 mpg higher. The program would mandate that the engine block and drivetrain be destroyed.

Many lawmakers view a vehicle scrappage program as a mechanism to stimulate auto sales and reduce excess dealership inventory. While still promoting better ways to spur sales and clean the environment, SEMA is also seeking to mitigate the potential unintended consequences and damage a scrappage program might have on the automotive aftermarket.

The Senate will likely consider the vehicle scrappage legislation in early June. SEMA will continue to work to ensure that the 25-year provision remains in any bill enacted into law.

For additional information, contact Stuart Gosswein.

Thu, 05/28/2009 - 10:47

Legislation introduced in the U.S. Senate to establish a one-year national vehicle scrappage program includes a SEMA provision to prevent cars that are 25 years or older from being crushed. The bill was introduced by Sen. Debbie Stabenow (D-MI) and Sen. Sam Brownback (R-KS) and is otherwise identical to legislation recently approved by the House Energy Committee by a 50-4 vote.

Under the so-called "cash for clunkers" program, consumers who buy a qualifying new car would receive a voucher credit in exchange for scrapping a trade-in car that gets less than 18 mpg (15 mpg for heavy pickups and vans). Under the SEMA provision however, the trade-in car or truck must be less than 25 years old. Senators Stabenow and Brownback included the stipulation to help safeguard vehicles that may possess “historic or aesthetic value” and are irreplaceable to hobbyists as a source of restoration parts.

The car buyer would receive a $3,500 voucher if they bought a new passenger car that was at least 4 mpg higher than the older vehicle or a new pickup truck/SUV that was at least 2 mpg higher than the old truck. They would receive $4,500 if the passenger car was at least 10 mpg higher and the truck/SUV was at least 5 mpg higher. The program would mandate that the engine block and drivetrain be destroyed.

Many lawmakers view a vehicle scrappage program as a mechanism to stimulate auto sales and reduce excess dealership inventory. While still promoting better ways to spur sales and clean the environment, SEMA is also seeking to mitigate the potential unintended consequences and damage a scrappage program might have on the automotive aftermarket.

The Senate will likely consider the vehicle scrappage legislation in early June. SEMA will continue to work to ensure that the 25-year provision remains in any bill enacted into law.

For additional information, contact Stuart Gosswein.

Thu, 05/28/2009 - 10:47

SEMA members can stay up-to-date on all the current state legislation affecting the specialty-equipment industry by visiting the SEMA Action Network at www.semasan.com. Legislation is separated by state and is categorized for different sectors of the industry. The SEMA legislative staff maintains the site, monitors the legislation and lobbies government officials to ensure the future prosperity of the industry.

To learn more about the SEMA government affairs efforts in your state, please contact Steve McDonald.

Thu, 05/28/2009 - 10:47

SEMA members can stay up-to-date on all the current state legislation affecting the specialty-equipment industry by visiting the SEMA Action Network at www.semasan.com. Legislation is separated by state and is categorized for different sectors of the industry. The SEMA legislative staff maintains the site, monitors the legislation and lobbies government officials to ensure the future prosperity of the industry.

To learn more about the SEMA government affairs efforts in your state, please contact Steve McDonald.

Thu, 05/28/2009 - 10:47

SEMA members can stay up-to-date on all the current state legislation affecting the specialty-equipment industry by visiting the SEMA Action Network at www.semasan.com. Legislation is separated by state and is categorized for different sectors of the industry. The SEMA legislative staff maintains the site, monitors the legislation and lobbies government officials to ensure the future prosperity of the industry.

To learn more about the SEMA government affairs efforts in your state, please contact Steve McDonald.

Thu, 05/28/2009 - 10:47

SEMA members can stay up-to-date on all the current state legislation affecting the specialty-equipment industry by visiting the SEMA Action Network at www.semasan.com. Legislation is separated by state and is categorized for different sectors of the industry. The SEMA legislative staff maintains the site, monitors the legislation and lobbies government officials to ensure the future prosperity of the industry.

To learn more about the SEMA government affairs efforts in your state, please contact Steve McDonald.

Thu, 05/28/2009 - 10:47

SEMA members can stay up-to-date on all the current state legislation affecting the specialty-equipment industry by visiting the SEMA Action Network at www.semasan.com. Legislation is separated by state and is categorized for different sectors of the industry. The SEMA legislative staff maintains the site, monitors the legislation and lobbies government officials to ensure the future prosperity of the industry.

To learn more about the SEMA government affairs efforts in your state, please contact Steve McDonald.