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Magazine (News) Article

Specialty-Equipment Retail Sales Reached Record $50.9 Billion in 2021

For the first time ever, specialty-equipment retail sales in the United States have topped $50 billion. Overall consumer spending on parts and accessories jumped 6.3% last year, pushing our industry’s market size to a record $50.9 billion in 2021. Consumers continue to show that they love their cars...

Magazine (News) Article

SEMA Data Product News

The products featured below are from SEMA Data member companies that have attained Gold- or Platinum-level data, which means that their product data is robust and complete—likely to drive customer purchase decisions. SEMA Data members meeting data scorecard requirements are invited to submit product...

Magazine (News) Article

Power to the People

If we’re not already at it, we’re likely near the cusp of an electric vehicle (EV) tipping point. Two years ago, the state of California mandated 35% EV sales by 2025 and banned all new non-EV sales by 2035; Washington state’s mandate is even more ambitious: by 2030 it will refuse to license any...

Magazine (News) Article

SEMA Member News

SEMA News—October 2022 SEMA Member News Council & Network Leadership By Ellen McKoy Getting to Know SEMA’s Council Directors The SEMA Board of Directors approved the council concept in 1993, elevating the status of three committees: the Automotive Restoration Market Organization (ARMO), the...

Magazine (News) Article

2022 SEMA Memorial Scholarship and Loan Forgiveness Award Winners Announced

The SEMA Memorial Scholarship Fund awarded $297,000 to 119 individuals this year. The financial awards include scholarships for current students and loan-forgiveness awards to employees of SEMA-member companies.

Magazine (News) Article

Your Message Here

An interview format where hosts pitch ads feels a touch anachronistic in this digital-everything age. Podcasts seem more like the kind of medium our grandparents’ generation would’ve invented, had the internet spontaneously appeared in their youth. You just know Milton Berle would’ve slayed.

Magazine (News) Article

Required Reading

The SEMA Businesswomen’s Network (SBN) embarked on an all-female Ford Bronco build this year to highlight successful women in the automotive industry while also attracting and supporting more females to pursue careers in the field.

Magazine (News) Article

ADAS and Accessorization

In a recent issue of SEMA News, we reviewed a SEMA Education seminar that discussed the challenges and opportunities posed to the specialty-equipment market by the proliferation of advanced driver assistance systems (ADAS) on OE vehicles (“ADAS and The Art of Vehicle Customization,” May 2022). In...

Magazine (News) Article

Study: Global ADAS Market Project to Reach $57 Billion by 2030

A recent study published by Straits Research forecasts a huge upsurge in demand for advanced driver-assist systems (ADAS) through the remainder of the decade. Currently valued at $12.7 billion, the global ADAS market is expected to surpass $57 billion by 2030, with a compound annual growth rate...

1994 SEMA Hall Of Fame Inductee

Don Barnett

Speed Warehouse

Bud has been a hands-on racer who managed Speed Warehouse, a distributor of performance equipment in Northern California. In 1993 he flipped his streamliner at high speed on the Bonneville Salt Flats trying to set a record. While he emerged uninjured, it unfortunately signified the end of his professional driving career. In 1991, he received the Pioneer Award from PWA.