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SEMA Industry Indicators: Auto Sector Sees Strong Growth as U.S. Economy Continues Its Recovery
The U.S. economy continues to recover what was lost in the early months of the pandemic.
SEMA STAGE Video: Interview With SEMA Director of Market Research Gavin Knapp
Knapp encourages members to take advantage of and access the latest SEMA Market Research Reports, sales trends among key business types and an overview of the top vehicles for accessorization and emerging segments within the $46.2 billion industry.
2020 SEMA Market Report: Pickup Products Top $14 Billion in Sales
While 2020 has been a rough year for vehicle sales, pickups seem to be weathering the storm better than other platforms.
SEMA Industry Indicators: U.S. Economy Continues to Recover, as Americans and Businesses Adapt to Coronavirus
Retail sales are currently above levels seen in January before the virus hit, strengthened by government financial stimulus and unemployment.
SEMA Survey: Industry Outlook and Sales Projections Continue to Improve
Overall, our industry continues to return to more normal operations and is increasingly more optimistic about their sales for the rest of 2020.
SEMA Industry Indicators: U.S. Economy Continues to Slowly Recover
The U.S. economy is recovering, but it will take time before the levels of production, output and economic activity enjoyed prior to the onset of the pandemic returns.
New Report: When Restrictions Ease, Americans Look Forward to Driving More
Despite the Coronavirus, consumers are more confident, optimistic and in a better financial position today than they were during the last recession in 2007-2009.
SEMA’s Latest Market Report Anticipates Industry Recovery After 2020
In 2019, American consumers spent $46.2 billion on parts for upgrading, modifying and customizing their vehicles—a new historical high.
2020 SEMA Market Report: Automotive Specialty-Equipment Market Expected to Rebound
Even though 2020 has altered the vehicle landscape for many, the specialty-equipment market had shown impressive growth over the past 10 years with industry retail sales climbing nearly 4% to a new high of $46.2 billion in 2019, according to the new “2020 SEMA Market Report.”
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