When the 2017 tax law was enacted, it allowed companies to amortize certain tax deductions over one year, but the benefit was only temporary.
The SEMA-supported INFORM Consumers Act became law as part of the FY 2023 omnibus spending package.
The event provides the ideal atmosphere for members to make new contacts and strengthen existing connections.
For members of the Automotive Restoration Market Organization (ARMO) and classic-car aficionados, the SEMA Show is an ideal setting to showcase and shop for products and services which drive the restoration market.
At the time of publication, the U.S. Senate Environment and Public Works (EPW) Committee and the U.S. House Energy & Commerce Committee are negotiating on the Recognizing the Protection of Motorsports Act (RPM Act) for potential consideration at the end of the 2021–2022 session of Congress.
The young man on the floor, Speed Graphic camera in hand, is Robert E. Petersen, circa 1946–1947. Barely in his 20s, Petersen had returned to Los Angeles after serving in the Army Air Corps during World War II. He wanted to get his job back at MGM Studios, where he had worked in the publicity department. But with so many veterans looking to do the same, MGM couldn’t employ them all, and Petersen was caught up in a round of layoffs. He and another vet in the same situation, Robert Lindsay, decided to form their own PR agency, the Hollywood Publicity Associates. Among their first clients was the Southern California Timing Association.
One of the annual SEMA Show’s many distinctions is its weeklong display of greatness. From new products and innovations to the groundbreaking people driving the specialty aftermarket to new heights, the SEMA Show reflects the industry’s reach for excellence. Perhaps that’s the reason the Show’s award ceremonies resonate so deeply with thousands of Show participants.
The 2022 SEMA Show included all the excitement and familiar features that make the Show the industry’s annual must-attend event. This year, the Show grew by 35% from the previous year—a clear demonstration that the industry is back to full strength. Many exhibitors grew their footprint, taking advantage of a newly expanded Las Vegas Convention Center.
Mike and Jim Ring of Spring Green, Wisconsin, garnered top honors at the ninth annual SEMA Battle of the Builders Presented by Mothers Polishes competition at the 2022 SEMA Show, held November 1–4 in Las Vegas. The announcement was made at the start of SEMA Ignited, the official SEMA Show after-party designed to celebrate the builders and showcase products from the trade-only Show.
It was the culmination of a hectic 90-day build schedule that engaged more than 100 volunteer wrenches ranging in experience from novice to expert. It took the combined efforts of dozens of aftermarket companies and installation facilities, and it took place across two time zones. In the end, however, the build was a smashing success. The SEMA Businesswomens’ Network (SBN) All-Female Build project, a Ford Bronco four-door Wildtrak, made its debut at the 2022 SEMA Show in Las Vegas last November before a crowd of hundreds of industry and media professionals.