NEW PRODUCTS
Compiled by SEMA News Staff
Given the stubborn persistence of COVID-19, increasing numbers of firms are turning to teams software, which helps organize groups and enhances their communications, to ensure that their managers and staff can work virtually for the foreseeable future. Indeed, Google (a key player in teams software) has decided that nearly all of its 200,000 employees and contract employees will be working remotely through July 2021.
When Congress passed a SEMA-led law in 2015 to allow small businesses to produce completed replica cars, it was hailed as “revolutionary.” For the very first time, federal statute authorized small auto manufacturers to produce completed replica vehicles under a streamlined regulatory structure that reflected the distinctly different business model of this niche industry. The National Highway Traffic Safety Administration (NHTSA) completed the law’s implementing regulation in January, which must be reviewed by the Biden administration before it becomes official. NHTSA’s regulation offers a business-friendly pathway for companies to begin producing classic cars in 2021.
Read April's issue to get the latest news and information from the off-road business community.
The Environmental Protection Agency (EPA) is adopting three technical standards developed by SAE International (previously known as the Society of Automotive Engineers) for equipment that recovers, recycles and/or recharges the refrigerant in motor vehicle air conditioners.
The SEMA Action Network (SAN) is pleased to offer a new digital lobbying guide to assist enthusiasts in navigating the political process.
In January, General Motors (GM) grabbed headlines with the announcement that it planned to be carbon-neutral in both its global products and operations by 2040. A key part of that ambitious goal will be the elimination of tailpipe emissions from its light-duty vehicles by 2035. The automaker said it plans to accomplish that through a heavy $27 billion investment in electric and autonomous vehicles over the next five years. Additionally, GM is committed to offering 30 all-electric vehicle models by mid-decade, with Chevrolet especially at work on eCorvette and electric SUV designs.
There were hundreds of new truck and SUV-related products introduced in the recent SEMA360 New Products Showcase. The following pages offer a recap of the wide range of items that can grow your business with truck enthusiasts.
The deadline for filing PPP applications has been extended from March 31 to May 31, and the U.S. Small Business Administration (SBA) has until June 30, 2021, to process applications.
Last December, Congress passed, and former President Trump signed into law, a bill providing an additional $900 billion in federal stimulus spending in response to the ongoing COVID-19 pandemic and the prospect of a post-holiday economic slowdown. The legislation approves direct payments to individuals of up to $600 and provides a $300 weekly extension of unemployment assistance, some $285 billion in loans under the Paycheck Protection Program (PPP), $25 billion in rent relief, and more than $80 billion to aid schools and colleges.