President Bush signed into law the economic stabilization bill which included renewal of the research and development (R&D) tax credit, a top legislative priority for SEMA. The R&D tax credit was extended through 2009, retroactive to its expiration on December 31, 2007. The new law increases the...

SEMA submitted comments to federal lawmakers defending continued use of off-highway vehicles (OHV) on federal lands in the Eastern Sierra and Northern San Gabriel region in Southern California. SEMA opposes legislation (H.R. 6156) to designate 475,000 acres of federal lands in Mono, Inyo and Los...

The National Highway Traffic Safety Administration (NHTSA) plans to update the new performance tests for motorcycle helmets under Federal Motor Vehicle Safety Standard (FMVSS) No. 218. The NHTSA is proposing to strengthen the penetration, impact and retention tests.

TROUBLED TIMES: Two-time Indianapolis 500 winner Helio Castroneves pleaded not guilty to charges of tax evasion and fraud, which the federal government brought against Castroneves and his sister Katiucia last week. Castroneves was freed on a $10 million bond but cannot leave the country. HE’S OUT...

NEWS NUGGETS

Pirelli Tires recently announced a $15 million investment to boost its manufacturing capacity by 20% at its Modular Integrated Robotized System (MIRS) factory in Rome, Georgia. The factory produces high-performance tires for the North American market, and the investment will increase the number of...

Click on the logo to visit SPC's website.Find Out Where The Youth Market is HeadedYou are invited to attend SEMA’s Street Performance Council Youth Focus Panel during the Formula Drift Final Fight Event.

Filler for eNews

Even in the sour state of the 2008 economy, the merger and acquisition environment holds promise for visionary specialty-equipment companies bold enough to explore its opportunities. Equity fund investment groups, flush with cash from retiring baby boomers looking for sound investments, are ready to...

Filler for eNews