Independent retailers in the automotive aftermarket remain the most used sales channel for getting parts to consumers, according to the new SEMA Industry Perspectives Report, the latest resource for SEMA members to gain insight on the health of the industry on a wide range of business metrics.
Current Press Releases
The SEMA Battle of the Builders® Young Guns Regional Competition makes its 2020 debut at the Heat Wave Spring Break Jam, March 7-8, in South Padre Island, Texas.
The Specialty Equipment Market Association has hired Jeff Dahlin as an industry sales director to help oversee a portfolio of client accounts and create partnerships for the SEMA Show, Performance Racing Industry (PRI) Trade Show, and their accompanying monthly publications and media channels. Staff member Brendan Gillespie was promoted to industry sales manager and Reham Gharib to the newly created position of sales operations project manager.
The UTV Student Build Pilot Program, a program launched by the SEMA Young Executives Network (YEN) to connect young aftermarket professionals with aspiring automotive students, will showcase the completed 2019 Honda Talon in a multi-city tour before being auctioned off at the world’s largest collector car auction, the Mecum Auction, in November. One hundred percent of the proceeds will go towards benefiting the SEMA Scholarship Fund, a 501(c)(3) nonprofit charity.
Manufacturers in the automotive aftermarket can now apply for booth space at the 2020 SEMA Show by visiting www.semashow.com/buyabooth. Taking place Nov. 3-6 in Las Vegas, Nevada, the SEMA Show is where the specialty aftermarket industry gathers every year to conduct business.
Applications are now being accepted at www.sema.org/speakers for industry leaders who would like to host a seminar at the 2020 SEMA Show, taking place Nov. 3-6 in Las Vegas, Nevada. The association is especially interested in speakers with experience in retail, small-business operations, economic trends and niche markets such as off-road and powersports.
Created in 1969, the SEMA Hall of Fame recognizes people who have contributed a significant body of work to the industry over a long period of time and is the most prestigious award presented to an individual by the association. It is designed to honor the leaders, innovators, creators, and enthusiasts who transformed small, burgeoning businesses into an industry worth more than $44.6 billion annually.
The Specialty Equipment Market Association (SEMA) has announced the 10 participating high schools for the 2019-2020 SEMA High School Vehicle Build Program, a project that reaches, inspires and supports high school students to learn about the automotive aftermarket industry and debuted less than three years ago with just one participating school.
SEMA has expanded its partnership with event producers across the country by increasing the number of scheduled qualifying events to 13 nationwide. Young builders (age 27 or younger at the time of the 2020 SEMA Show) will have additional opportunities to participate in a regional event for an opportunity to win an all-expense-paid trip to the 2020 SEMA Show held in Las Vegas.
SEMA President & CEO Chris Kersting today commended U.S. Representatives Patrick McHenry (R-NC) and Raul Ruiz (D-CA) for introducing H.R. 5434, the Recognizing the Protection of Motorsports Act of 2019 (RPM Act). The RPM Act of 2019 includes five other original sponsors: Reps. Richard Hudson (R-NC), Kurt Schrader (D-OR), Bill Posey (R-FL), Gil Cisneros (D-CA), and Michael Burgess (R-TX). This bipartisan bill protects Americans’ right to convert street vehicles into dedicated racecars and the motorsports-parts industry’s ability to sell products that enable racers to compete.