The Internal Revenue Service (IRS) has set the standard
business-mileage deduction at $.50 a mile for 2010. The rate is below
the $.55 cents allowed during 2009, reflecting lower transportation
costs during the past year.
The U.S. Environmental Protection Agency (EPA) issued a finding that
carbon dioxide (CO2) and other greenhouse gas emissions endanger public
health and the environment.
The U.S. House of Representatives passed SEMA-supported legislation to
make permanent the 2009 estate tax rate of 45 percent and exemption
rate of $3.5 million/individual ($7 million couple). Under President
Bush’s tax cuts of 2001, the so-called “death tax” is being gradually
phased-out by 2010.
SEMA and the Tire Industry Association announce collaborative effort to increase value in the SEMA Show for tire companies.
SEMA's Consumer Demand Index has fallen for the second consecutive
month, dropping from 36 points in October to 32 points in November, and
a full 13 points from September. But it isn't all bad news. Compact performance and hot rod enthusiasts have shown increased interest in their respective niches.
News and updates from SEMA's councils and committees.
Car and truck buyers seek the vehicles that best suit their needs, including the need to be individual. While the automakers deliver an amazing variety of products to fit dozens of market niches, they cannot possibly create a unique vehicle for every unique customer. Accessory and performance product fill that void, allowing unlimited and complete personalization of any car and truck.
The 2010 Most Accessory-Friendly VehiclesAs part of its comprehensive communication plan, SEMA partners with
various media outlets on a regular basis. One organization that has
maintained a strong, positive relationship with SEMA is Advanstar
Communications Inc. The organization produces a number of communication
tools that have reported on important messages for the industry.
Tune in to SPEED TV on December 13 to see highlights from the 2009 SEMA Show, including hot new products and exhibitors. Click through for additional details.
Not only the year’s best opportunity for the specialty-equipment industry to do business, the SEMA Show also serves as the incubator for trends both flashy and functional.