Judging from the headlines, you’d think the internal-combustion engine (ICE) is not long for this world. Europe and U.S. governmental bodies are passing ever more stringent climate measures and incentivizing zero-emissions powertrains. Meanwhile, OEMs are ramping up battery-electric vehicle (BEV) production and shifting resources away from traditional engine development. But dig beyond the headlines and you’ll find that the reports of the ICE’s death are greatly exaggerated.
For builders, car-care and restyling products are an essential tool for customization and maintenance. They can provide upgrades to OE paint, glass and chrome. They can dress up an interior or refine an exterior, often at a reasonable cost. And they’re available in a wide range of parts, applications and price points, offering useful products and services to nearly any enthusiast.
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 releases for consideration to enews@semadatacoop.org.
According to the U.S. Bureau of Labor Statistics, 20% of small businesses go bankrupt within one year, and more than 50% fail within five. The reasons may vary between businesses (bad cash-flow management, poor product quality, lackluster customer service), but they can generally be traced to a single source: poor decision-making.
They’re more reliable, cleaner, and they pack a punch. So why all the hesitancy surrounding electric vehicles (EVs)? Misconceptions regarding range, V8 growl nostalgia and battery weight are three reasons, according to an expert panel at the 2021 SEMA Show.
In addition to the annual SEMA Show, the association works continuously to supply a wide array of programs and benefits members can tap into 365 days a year. Here are just a few.
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 releases for consideration to enews@semadatacoop.org.
Once considered one of the more backward-looking segments of the automotive aftermarket, the hot-rod and street-rod markets have changed radically over the past generation. No longer the exclusive province of ’30s through ’50s roadsters and sedans equipped with traditional running gear, today’s hot-rod market spans the automotive spectrum to include ’60s through ’80s musclecars, pickups and utility vehicles sporting 21st-century technologies. In all, the market has grown into a global industry that constitutes a $1.26-billion market sector, according to the most recent survey from the SEMA’s Hot Rod Industry Alliance (HRIA).
There are many challenges to leading multiple generations in the workforce, primarily being able to achieve a common goal while coming from different life perspectives and experiences. But before that can happen, you must earn each member of your team’s trust and respect. Because today’s world has gone digital, the younger generation is more likely to be in tune with the progression of technology than their elder counterparts. Each generation communicates in a different way, and each has different motivations—especially when you add cultural, age and racial diversity to the mix.
It’s no secret that the electronic age has influenced every segment of the automotive aftermarket—and will continue to do so for as far into the future as we can see. Whether it’s the adoption of computer-aided design and 3-D printing by builders and fabricators or consumers demanding full integration of their cars and their devices, computer-driven electronics are here to stay. The proliferation of advanced driver-assistance systems across OE vehicle platforms and increased vehicle connectivity with the Internet of Things have created enormous technical and logistical challenges for the aftermarket—and boundless opportunities for entrepreneurs looking to establish a brand presence in a rapidly evolving marketplace.