Credit and debit card issuers will soon be required to report to the IRS the annual dollar figure collected by their business merchants. The provision was included as part of a new housing law to provide assistance to homeowners facing foreclosure.

NEW PARTNER: The IndyCar Series made a bold move to partner with the Versus network for coverage of its 2009 series. The Indy 500, however, will remain on ABC. SOMETHING NEW: The American Sprint Car Series announced an agreement with Lucas Oil and K&N Filters to back the organization’s national...

NEWS NUGGETS

Robert Oswald, chairman of Bendix Commercial Vehicle Systems, was appointed to the DURA Automotive Systems board of directors. Oswald became chairman of Bendix Commercial Vehicle Systems in 2003. He was CEO from March 2002 to September 2003. Prior to Bendix, he was chairman, president and CEO of...

Click on the logo to visit SBN's website. Be a part of what some have called “The Most Productive Event at the SEMA Show.”Get your company more exposure today by sponsoring the SEMA Speed Networking Breakfast—Powered by SBN. Sponsorship includes many exciting benefits:

Filler for eNews

The SEMA Store is running a series of promotions through the end of August on merchandise from the 2007 SEMA Show. The current promotion: From August 13–19, the SEMA Store is offering 25% off all SEMA Show hats, plus free shipping on orders of $50 or more. There are several styles of premium-quality...

Dates and locations for several upcoming SEMA-sponsored shows and activities have been announced. Details are:>> SEMA Webinar, "Inventory Management: Mark It Down, Move It Out and Make More Money," August 14, 2008 10:00 a.m.–11:00 a.m. (PDT)>> SEMA Webinar, "25 Common Mistakes Made by SEMA Show...

In July, the SEMA Performance Parts and Accessories Demand Index (PADI) fell by seven points, or 6%, dropping from 42 in June to 35 last month. An index score of 35 translates to 9.5% of consumers planning to make a specialty-equipment product purchase sometime within the next three months. Although...