The Internal Revenue Service (IRS) has increased the standard business-mileage deduction to 50.5 cents for all business miles driven beginning January 1, 2008. This is a $0.2 cents-a-mile increase over the 2007 rate and reflects higher prices for fuel during 2007. The calculation also includes all...

CHAMPION OF CHAMPIONS: The fifth-annual Economaki Champion of Champions Award presented by Rockett Brand Racing Fuel will be awarded December 6, at 3:00 p.m., during the PRI Trade Show in Orlando, Florida.PAY DAY: Jimmie Johnson and his Hendrick Motorsports team earned a check for $7,317,499 at the...

NEWS NUGGETSNHRA ANNOUNCES HOT ROD HERITAGE SERIES: To help preserve NHRA's rich history and tradition while seizing on the success of nostalgic drag racing competition, NHRA has announced the formation of the NHRA Hot Rod Heritage Racing Series that will crown year-end points champions in 14...

Toyo Tire & Rubber Co. Ltd. announced that Kenji Nakakura was appointed the company’s new president and chief executive officer. Mr. Nakakura will also serve as the representative director for the company and will continue to serve as a member of the board. He will assume all responsibilities...

Sport-Compact Council (SCC) SCC is hosting a Jobber Focus Panel on Friday, December 7, 7:30 a.m.–9:00 a.m., during the PRI Trade Show in Orlando. The meeting, open to all SEMA members, will cover the latest compact-performance trends and outline the current direction of the market. The meeting is...

Filler for eNews

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

SEMA-member companies have posted several new listings for job opportunities at www.sema.org/classifieds. Working for a SEMA-member company has many advantages. In addition to working for a company that supports and contributes to the success of the overall industry, being employed by a SEMA-member...

Getting a big boost from 2007 newcomers, sales of subcompact cars shot up 41% during the first nine months of this year. Sales of the Toyota Yaris, Nissan Versa and Honda Fit reached double and triple digits from January to September of this year, compared to the same period in 2006. One question...