SEMA members are encouraged to tune into SEMA's next webinar, "Analyzing the Income Statement: The Nuts and Bolts," on Thursday, March 6, (10:00 a.m. PST) to learn how to use income statements to manage and determine the financial health of your business.

Spy photographer Pedro Domingues, part of Brenda Priddy & Company's network of covert auto shooters, snapped these shots of the forthcoming Lamborghini Gallardo LP550 in Portugal, ahead of its debut at the Geneva Auto Show.

SEMA-model legislation to create a vehicle registration classification for street rods and custom vehicles and provide for special license plates for these vehicles will be considered by the Kansas House Transportation Committee. The bill defines a street rod as an altered vehicle manufactured...

With the help of grassroots hobbyists across the state, SEMA defeated two bills in Washington State that sought to tax vehicle owners in an attempt to reduce motor-vehicle emissions. The first bill would have established two separate progressive fees for state motor vehicles based on (1) engine size...

SEMA is supporting Maryland legislation that proposes to exempt motor vehicles that are driven 1,000 miles or less from the state’s mandatory emissions' inspection program. Vehicles of any model year would be eligible. The bill is scheduled for a hearing by the House Environmental Matters Committee...

The cost of a first-class stamp will rise by $.01 to $.42, starting on May 12. Under a 2006 law reorganizing the U.S. Postal Service, the agency will now adjust postal prices on a yearly basis at a rate tied to inflation. The law change was intended to provide predictability and price protection...

UNITED: Late last week officials from the Indy Racing League and Champ Car World Series reached an agreement to merge the Champ Car Series into the IRL effective immediately. It will be a difficult transition, with Champ Car teams making the change to IRL cars in time for the season opener at...

NEWS NUGGETS

The Visteon board of directors elected Steve Hamp to join the board, effective March 1. Hamp previously served on the company's board from January 2001-2005. Hamp has been the principal of Hamp Advisors LLC since March 2007. Previously, he was the vice president and chief of staff for Ford Motor Co...

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