BANKRUPT: Champ Car World Series LLC officially filed for Chapter 11 bankruptcy in United States Federal Court, March 5. Champ Car will stage its final event April 20 in Long Beach, California, and it intends to continue in the management and possession of its business and property as a debtor-in...

NEWS NUGGETS

Parrot Inc., the U.S. subsidiary of Paris-based Parrot SA, appointed David Wenning to senior vice president of sales and marketing to further strengthen Parrot’s presence in the United States. Wenning spent the past two years leading U.S. operations for TomTom where he developed a 15-person sales...

Mark Your Calendar!All members of PRO are invited to join the PRO Select Committee at the annual open Project Planning Meeting. When: Thursday and Friday, June 12–13, 2008Where: Crowne Plaza Hotel, Detroit, Michigan

Filler for eNews

Dates and locations for several upcoming SEMA-sponsored shows and activities have been announced. Details are:

Data from SEMA’s Automotive Lifestyles survey continues to show that even if gas prices surpass the $4 mark, hard-core automotive enthusiasts—the driving force of our industry—still plan to spend money on their vehicles. A survey of automotive magazine subscribers and website visitors during the...

In February, 22% of consumers indicated that they plan to purchase specialty equipment over the next three months, down from 26% that said so in February 2007. Looking closer at who will buy what on the other hand shows that some product categories have actually gained momentum compared to last year...

Although automotive enthusiasts consistently tell us that they are buying their vehicles used and accessorizing them, there is still a steady percent that are buying new vehicles. Over the past three years, on average about 61% of enthusiasts surveyed indicated that the vehicle for which they spend...

The mobile electronics segment of the specialty-equipment industry continues to maintain its upward trajectory, both in the number of new products it introduces each year and the total market share it consumes. Over the last three years for example, the number of mobile electronic products entered...