Pre-register today to join the thousands of retailers, distributors and exhibitors from around the world at the 2010 SEMA Show in Las Vegas.
A Commerce Department report released two weeks ago showed capital
spending plans rose 2.1% in May from April, and was 18.4% above its
level a year ago. And despite jitters that some measure of economic
recovery has slowed, The Wall Street Journal reports that companies
including 3M and Cummins have stepped up equipment and manufacturing
spending in anticipation of increased demand. 3M will spend an
additional $3 billion on manufacturing this year, including a new
Singapore plant to make films for solar panels.
This Friday, industry professionals and enthusiasts across the country will gather tocelebrate collector cars. The U.S. Senate declared July 9, 2010, as “Collector Car Appreciation Day” when it passed Senate Resolution 513(S. Res. 513) at the request of SEMA and the Automotive RestorationMarket Organization (ARMO) council.
News and updates from SEMA's council and committees.
July 7, 2010
July 1, 2010
SEMA Cares Chairman Joel Ayres out to prove that even truck accessory guys can race.
Attention SEMA Exhibitors! Are you introducing an industry-changing new
product? If so, we want to know about it. SEMA News is offering a sneak
peek of new-product introductions planned for the 2010 SEMA Show,
November 2–5 in Las Vegas.
The California Air Resources Board has issued a proposed rule that
would require all automobile service providers to check tire pressures
for every vehicle being maintained or repaired at their facility as of
September 1, 2010. The regulation would apply to auto
maintenance/repair providers but not to auto parts
distributers/retailers, auto body/paint facilities, auto glass
installers or wreckers/dismantlers. The deadline for commenting on the
rule is July 6, 2010.
The United States Senate included a provision to allow businesses to
write-off 50% of the cost of newly purchased depreciable
property as part of a larger bill (HR 5297) to provide banks with
access to funds intended for small business loans. The SEMA-supported
legislation has already been passed by the House and is now being
debated by the U.S. Senate.