Despite reports from the Chinese media that vehicle sales in China surpassed those in the United States for the first time in January 2009, a SEMA analysis reveals that Americans still buy more cars, but that Chinese sales are nearly equal to U.S. sales for the first month of 2009.
SEMA-member companies and classic-car enthusiasts spoke loudly and helped eliminate a "Cash for Clunkers" provision from both the Senate and House versions of the economic stimulus bill.
Autobacs Strauss Inc., a retailer of aftermarket auto parts, filed for Chapter 11 bankruptcy protection, as reported by Reuters.The company listed assets of $75 million and liabilities of approximately $72 million, according to the filing.
Making sound business choices is more important than ever in a shaky economic environment. SEMA's webinar, "Taking Positive Control of Your Company: How to Save Your Business When the Economic News Is Negative," aims to show you steps to save your company. This real-time, real-life business program...