The SEMA Show is all about innovation and creativity. For a taste of what’s coming at the 2014 event, check out the more than 70 new products previewed here.
During the Show on November 4–7, 2014, head to the upper level of South Hall for a look at the New Products Showcase in the Las Vegas Convention Center.
In order to land on our “35 Under 35” list, individuals must first be nominated by one or more industry peers. Pouring through the nominations, SEMA News looks for candidates already displaying leadership qualities within their organization or business. Entrepreneurship, commitment, insight, innovation, integrity, responsibility, and demonstrated skill, involvement and success within the industry weigh heavily in our decision-making. The selection process is never easy—in one way or another, every nominee is a winner—but, ultimately, we reduce the nominations down to 35 finalists to make our special section. When all was said and done for this 2014 edition, we again found ourselves with an impressive roster of highly accomplished individuals making their marks at a young age in a diverse array of industry segments.
Honoring Four Visionaries
A pioneer is an innovator. An innovator is a dreamer. A dreamer is an enthusiast. And an enthusiast is what we all are. Each year, the SEMA Hall of Fame recognizes members of SEMA and the automotive aftermarket community who have made a difference as they dreamed ideas and built change—enthusiasts with drive who inspired others and transformed a hobby into a thriving industry, leading a trade association to reach more than 50 years of age and 6,500 members deep.
The Innovations Center Opens for Business
The photo you see on the cover of this month’s SEMA News was taken in the newly completed SEMA Garage photo studio. It’s a shot of rock guitarist Billy Gibbons, who was kind enough to pose with his project car, which SO-CAL Speed Shop is preparing for the 2014 SEMA Show. Gibbons was on hand to view progress on the car, confer with SO-CAL designer/builders Pete Chapouris and Jimmy Shine, and to tour the SEMA Garage, which is now officially open for business.
Once a year, SEMA provides members with a way to select the Board of Directors—the volunteers who help SEMA make decisions that will help your business and the industry to succeed. I want to thank the many members who participated in the nomination process; we have some very strong candidates again this year. And thanks in advance to all of you who will be first-time voters, as well as all our regular voters.
Five candidates entered this year’s election, each vying for a position on the 2014–2017 SEMA Board of Directors. The SEMA Board provides strategic direction to the association and plays a critical role in shaping the future of the automotive specialty-equipment industry.
Voting for the 2014–2017 SEMA Board of Directors Election opened May 14 and will be available online until June 10. Voting is open to current SEMA members, and votes must be submitted by the designated primary contact of each voting SEMA-member company.
The SEMA Data Co-op (SDC) is now completing its first year in full-operations mode, and we thought you might like to see that your industry-owned data management resource is now well–established and helping companies increase sales every day. As a reminder—the SDC is operating a centralized product data service for manufacturers that organizes, houses and then distributes online product catalog information to WDs and retailers to help power all manner of business systems, ultimately driving sales growth.
What does the Data Co-op progress report card look like? Consider these results from the first year of operations.
The Trucks, SUVs & Off-Road category continues to build momentum, presenting lucrative opportunities for the automotive aftermarket. At the 2013 SEMA Show, the Ford F-Series was named the Show’s Hottest Truck in the annual SEMA Awards, which honor vehicles most often featured by exhibitors in their booths. Once again, the Jeep Wrangler also reigned supreme as the Show’s Hottest 4x4-SUV.
With items ranging from tonneau covers and bedliners to toolboxes, trailer hitches and suspensions, the market covers a wide variety of products and accessories. The following pages feature new Truck, SUV & Off-Road applications that debuted at the 2013 SEMA Show in Las Vegas. Along with the products, we’ve interviewed several industry executives for their perspectives on current trends, along with advice for selling into the category.
Some Hot Segments to Watch
For many businesses in the automotive aftermarket, racing remains the lifeblood. This industry was founded on passion and performance, and automotive racing continues to drive product research and development and retail sales, inspiring manufacturers, retailers and consumers alike. After taking a hit from a rough economy over the past several years, racing is seeing a resurgence. While many motorsports segments are trending upward, there are a few in particular that merit watching in the coming year. Following the trends in these hot segments can lead to greater marketing success for all levels of the industry.
Presented annually at the SEMA Show Industry Awards Banquet in Las Vegas, the SEMA Person of the Year Award ranks among the association’s most prestigious honors. At the 2013 SEMA Show, the award went to George Lathouris, a 36-year marketing veteran. Lathouris was recognized for his volunteer leadership contributions, philanthropy and overall influence on the marketplace.
Lathouris is currently senior category manager at Keystone Automotive Operations in Scranton, Pennsylvania. He started his career working in a warehouse for American Speed Equipment in New York and worked his way up to the position of national sales and advertising manager.