SEMA and 54 other trade associations asked Congress to limit the amount credit card companies can charge merchants when processing payments. Congress addressed some, but not all swipe fees when it enacted the new financial reform law.

Beginning in 2012, businesses will be required to file “Form 1099” information returns with the Internal Revenue Service (IRS) and report all payments to corporations for goods or services in excess of $600. Under current law, most corporations are exempt from receiving 1099s. The 1099 reporting...

SEMA has been asked by the federal government if any companies would be interested in converting domestic vehicles for export to right-hand-drive countries. The U.S. General Services Administration (GSA) purchases about 90,000 vehicles a year for various government agencies, and a small number of...

Barry Meguiar’s family has been in the car-care business for 109 years, and he’s personally headed up the company that carries the family name for more than four decades. As the president of Meguiar’s Inc., he’s seen the economic roller coaster trundle up and down many times before, but he’s never...

To accommodate demand for exhibit space in the Racing & Performance, Hot Rod Alley, and Restoration Marketplace sections of the 2010 SEMA Show, organizers are opening the large meeting rooms adjacent to the Las Vegas Convention Center's Central Hall.

The automotive restoration market is expected to continue to grow as the average age of vehicles on the road continues to increase, classic cars gain in popularity and Baby Boomers have more discretionary money to purchase these vehicles. It is estimated there are approximately 300,000 restoration...

Have you ever asked yourself “what does the future hold for the automotive aftermarket industry?” Or “what will I be doing in the future?” With these crazy economic times, I find myself asking these questions on a daily basis. I then ask myself: “Is the market really changing? Are consumers going to...

At first glance, this mule car looks like nothing more than a standard Cadillac CTS sedan. Au contraire, says spy photog godmother Brenda Priddy, who notes that the front and rear axles are positioned closer to the middle than on a CTS and indicates a mutant chassis underneath.

The SEMA Show Exhibitor Summit took place in May and offered participants valuable information, techniques and skills designed to guarantee a profitable and successful SEMA Show experience. The Summit featured key staff and trade show industry experts leading a series of programs created to ensure...

Several trends in China have converged to boost the market for turbochargers. The first is well-known—the market is growing like gangbusters. Light vehicle sales in the first five months of 2010 rose by 53% compared to the same period in 2009, according to J.D. Power and Associates.