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Council or Network Update

SEMA Launch Pad Applications Now Open

Have an automotive-related product that is ready to or recently hit the market and want to expose it to a worldwide audience? The SEMA Launch Pad program is expanding, making it easier than ever for emerging entrepreneurs to participate, win cash prizes, and receive instant publicity for their new...
Council or Network Update

HRIA Member Spotlights

The HRIA named Rxn Motorsports Ltd. and Cool Hand Customs as the council’s latest spotlight member companies. Hear the unique stories of both businesses, meet the company owners, and learn about what projects they are working on in 2021 by checking out their recent features in SEMA eNews. Rxn...
Council or Network Update

Classic Cars, Modern Markets Report Now Available

With more than 9.4 million pre-1990 vehicles estimated on the road today, more consumers and businesses report that they are modifying classic cars with modern parts and technology. While a significant number of consumers and businesses continue to restore classic cars to their original factory...
Council or Network Update

SEMA Virtual Education Webinar: The Growing Diversity of the Light Truck Market

Sales of light trucks continue to skyrocket and are expected to reach more than 82% of all new light vehicles purchased by 2028, according to new research conducted by the Specialty Equipment Market Association (SEMA). While sales of traditional cars aren’t going away, the U.S. vehicle landscape...
Council or Network Update

SEMA Education Virtual Webinar: Interview Skills

Get expert interviewing tips from HR professionals by registering here for “Interview Skills,” a one-hour interactive webinar taking place Tuesday, April 27, at 11:00 a.m. PT. Featuring expert HR professionals, the webinar will include breakout sessions and question-and-answer periods to help...
Date TBD

Join us for a one-hour session to discuss "U.S.-Mexico-Canada Agreement (USMCA) Practicalities/Mechanics of Obtaining the Lowest Tariff Rate,"

Speakers:

Katrice Kelly, Senior International Trade Specialist
Office of Trade Negotiations and Analysis, Industry and Analysis
International Trade Administration

U.S. Department of Commerce

Lourdes M Quinn, Attorney
Arias Quinn Consulting

Philip Sutter, Consultant
Livingston International

Come away with answers to how to obtain the lowest possible tariff rate with answers to questions such as:

  • What are the differences in treatment under the USMCA for OEM parts and specialty aftermarket companies?
  • What are the differences between USMCA and NAFTA for specialty aftermarket companies?
  • What are the steps needed to figure out my tariff rates under USMCA?
  • Are there any special requirements/reduced tariff rates for sending small volume/value packages to Canada?
  • How do I document that my products meet the minimum content levels in order to claim preferential treatment?

For more information, please contact Linda Spencer at lindas@sema.org.

Watch now on demand a special session on "Top Tips for Negotiating Agreements with Overseas Distributors," featuring attorneys from Australia and Sweden who specialize in the local laws regarding distributors.

They include:

Patrick Fazzone
Washington Global Law Group
Washington, D.C. USA and Sydney, Australia
 
Richard Jacobsson
Eversheds Sutherland Advokatbyrå AB
Stockholm, Sweden
 
Resources:
 

Discussion points:

  • Should a U.S. company sign an exclusive distributor agreement? 
  • Is there anything U.S. companies should be aware of in Swedish/Australian law regarding such contracts? 
  • Are there any government regulations/laws covering terminating the agreement? 
  • General points to consider when awarding territory (the entire country/portion/neighboring countries?)
  • What is the capacity of the distributor in terms of staff/contacts in the desired region?
  • Is the agreement mutually exclusive? (if the U.S. company agrees to just sell to one distributor, is the distributor agreeing to not sell that U.S. company's competitors products?)
  • What is required in order for the distributor to maintain exclusivity?  Possibly through performance measures, or just rely on good faith effort?
  • How often should the contract/terms be revisited?

For more information, please contact Linda Spencer at lindas@sema.org.