Annual Summit and Gala Mark Association’s 50th Year

As the specialty-equipment industry’s premier trade association, SEMA relies on elected volunteers to serve on its Board of Directors and in positions of council leadership. Representing every segment of the automotive aftermarket, these industry professionals are dedicated to the advancement of marketing, regulatory and business standards and practices that promote industry growth for all. In short, they are on the front lines identifying challenges and opportunities facing the industry and crafting policies and programs to address them. To support and recognize their efforts, SEMA holds a series of intensive Leadership Days events each year, with this year’s gathering held principally at the Sheraton Fairplex Conference Center in Pomona, California, July 24–25.

SEMA was recently honored with the Presidential Export Award —or “E” Award—from U.S. Acting Secretary of Commerce Rebecca Blank in Washington, D.C. The President’s “E” Award was created by President John F. Kennedy in 1961.

“E” Awards were presented to a total of 57 recipients this year. Criteria for the award is based upon four years of successive export growth and case studies that demonstrate valuable support to exporters resulting in increased exports for the member company’s clients.

On July 12, 2013, SEMA-member companies joined with SEMA staff and thousands of enthusiasts to celebrate the fourth annual Collector Car Appreciation Day (CCAD). Official events were held in the United States, Canada and Australia to commemorate the day, designated by a SEMA-requested U.S. Senate resolution.

Sponsored by Sen. Jon Tester (D-MT) and Sen. Richard Burr (R-NC), the U.S. Senate resolution recognized “that the collection and restoration of historic and classic cars is an important part of preserving the technological achievements and cultural heritage of the United States.” Lawmakers in states, provinces, counties and cities have followed the Senate’s lead by adopting their own resolutions. This year’s participants included: Michigan; New Mexico; New York; Manitoba, Canada; Nova Scotia, Canada; Las Vegas, Nevada; Madera County, California; York County, Virginia; and Washington Parish, Louisiana.

In the early ’60s, Motor Trend magazine sponsored a 500-mile Stock Car race on the twisting Southern California road course at Riverside, drawing top racing talent from a number of sanctioning bodies, including NASCAR, USAC and the SCCA. That’s why Robert E. Petersen (left), the publishing company’s founder, is handing Dan Gurney a check for winning the second annual MT 500, held in January 1964. The young lady sharing the photo op is 21-year-old TV actress Linda Evans.

Motor Trend’s coverage of the race kicked off by proclaiming, “Stock Car road racing shows every promise of becoming the Number One favorite of American racing fans. Considering the importance of passenger cars in everyday American life, this is the way it should be.” Unlike racing on oval tracks, where “brute horsepower is the deciding factor,” a road course “is much more demanding, because it puts equal emphasis on all the various systems of the automobile. Also, driver skill and nerve are important factors.”

ModBargains.com Delivers Data, Product and More

A generation ago, mail-order entrepreneurs transformed the specialty-equipment industry by leveraging enthusiast print media to inform and market to the masses. Today, a new generation of pioneers is doing it again—this time through the Internet and social media. ModBargains.com is a case in point.

Located in La Habra, California, the company was co-founded in 2004 by CEO Mike Brown, then 19, and President Ron Hay, then 24. Their original business plan called for a sort of online clearinghouse of special automotive parts promotions and deals similar to those offered by tech-industry bargain sites. But the venture quickly morphed into something much bigger—and better.

SEMA has a long history of monitoring federal and state legislative topics that are of interest to the automotive industry as well as the association’s member companies and their customers. One key topic of current concern is the Renewable Fuel Standard (RFS)—a law that requires annual increases in the amount of ethanol to be added to gasoline. The SEMA Action Network (SAN) recently helped organize antique-car owners and motorcyclists from all over the country to participate in a “Fuel for Thought” rally on Capitol Hill in opposition to the RFS.

This issue is important to automotive enthusiasts because ethanol’s chemical properties pose a risk to older cars and motorcycles. Ethanol absorbs water, which can lead to metal corrosion. It can also dissolve certain rubbers and plastics. Most older vehicles and many motorcycles are not constructed with ethanol-compatible materials.

SEMA members need to know…

The “Affordable Care Act” continues to sow confusion for many SEMA members. To follow is a concise summary of the law’s key provisions and timetables for implementation.

New product announcements from SEMA members, including Stage 8, Tuff Stuff Performance Accessories, Rocket Racing Wheels, Superlift and more.

SEMA Programs for Global Exports

Growing demand for U.S. products among the more than 95% of the world’s consumers who reside outside the country has resulted in a five-fold growth in American exports from 1985–2012, according to a Federal Reserve Bank report, and a record number of American companies are seeking to meet the demand. Yet for all that growth, the Small Business Administration reports that only 1% of small businesses are involved in exporting. And for those that are, 58% export to only one country and 83% to less than five markets.

There are huge benefits for companies that export. Diversifying the customer base can lead to an improved bottom line; companies that export are better positioned to ride out future U.S. economic downturns and can increase the firms’ overall competitiveness through access to new customers; exporting leads to new ways of doing business; and exports provide contact with new cultures.