The current outlook of the U.S. economy remains positive, with several tailwinds helping to drive the recovery, according to the latest “SEMA Industry Indicators.” States have lifted many COVID-19 restrictions as vaccination rates rise and consumers are responding. This, combined with loose federal...

The SEMA Show is back for 2021! Attracting more than 150,000 industry leaders, including 60,000 buyers from around the world, the annual Show, to be held November 2–5 in Las Vegas, is still growing. This year, it will expand into the Las Vegas Convention Center’s brand-new West Hall, providing an...

Even in the face of a pandemic that ravaged livelihoods and economies globally, the automotive specialty-equipment market somehow managed to continue its steady growth trend, up to $47.89 billion in 2020—a 4% increase over 2019, according to the recently released “2021 SEMA Market Report.” Slower...

The Illinois Senate passed SEMA-supported legislation to allow expanded-use antique vehicles to be driven without limitation for two additional months. Currently, expanded-use antique vehicles are defined as being more than 25 years old or “a bona fide replica” and are limited to traveling to and...