California Senator Anthony Portantino introduced SEMA-sponsored legislation to create a financial rebate program for converting gas- and diesel-powered motor vehicles into zero-emissions vehicles (ZEVs).
Starting at her father’s shop as a child, Taylor learned the craft of building race cars at a young age. While still in high school, she began building her first car, a ’68 Camaro that she raced the following year at Hot Rod Drag Week; at 16 years of age, she was the event’s youngest competitor. In the 10 years since then, she’s managed to earn a bachelor’s degree in marketing, run a 6-sec. quarter in her ’55 Chevy 210, won back-to-back Roadkill Nights Hellcat Grudge Matches, and launched another career as the co-host of “Hot Rod Garage.” Her business has recently expanded to an 8,000-sq.-ft. facility in Booneville, Arkansas.
The vehicular market segment that industry-watchers refer to as the “powersports” market is, in a way, easier to label than it is to define. What, after all, is the connective tissue that joins such disparate market segments as ATVs and side-by-sides, motorcycles and dirt bikes, snowmobiles and personal watercraft—especially considering that very few of these vehicles are ever used in a “sporting,” i.e., competitive venue?
Millions if not billions of dollars are spent each year on aftermarket automotive products like superchargers, intake systems, carburetors, fuel injectors and more. While the numbers aren’t as big, many of these accessories are purchased for marine use, too.
Shifts in the automotive industry and the overall U.S. economy greatly impact the specialty-equipment industry. To stay competitive, aftermarket businesses need to know what’s trending now and where markets are headed. The latest “SEMA Future Trends 2023” report provides industry planners a detailed analysis of key metrics for 2023 and beyond.
The products featured 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@semadata.org.
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