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SMALL AND MIDSIZE CAR OWNERS SPEND UP TO $2,500 ANNUAL ON SPECIALTY EQUIPMENT

If you are planning to target the growing population of small and midsize car owners, here is some demographic information that should help. A snapshot of the small and midsize car owner shows the biggest age group is 16 to 30 years old, earning $55,000 per year or less and having some college...
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AUTOMOTIVE RETAIL SALES EXPECTED TO DROP 14% IN 2009

Last April, one of the speakers at the SEMA National Education Conference was Alan Beaulieu, a principal of The Institute for Trend Research. His presentation, “SEMA, Planning for Change,” gave attendees a glimpse into the future of the U.S. economy. It is uncanny how much of what he said was right...
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EUROPEAN COMMISSION PROPOSES NEW TIRE-LABELING REQUIREMENTS

The European Commission has proposed new tire-labeling requirements which would require manufacturers to provide consumers with a grading system measuring three tire characteristics: fuel efficiency, wet grip and noise. This information would be required to be affixed onto the tire (in the form of a...
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EUROPEAN VEHICLE MANUFACTURERS LOBBY FOR AID TO COMBAT DECLINING SALES

Vehicle manufacturers assembling vehicles in Europe have been urging EU officials and national government representatives to provide them relief in the form of tax breaks and grants. German officials have already agreed to cut consumer taxes on new-car purchases. For those vehicles sold between now...
eNews Article

MORE THAN 2,000 NEW PRODUCTS SUBMITTED FOR SEMA AWARDS—SEE THE WINNERS HERE

SEMA announced the winners of the New Products Showcase Awards at the New Product Awards Breakfast held at the 2008 SEMA Show. The event serves as a kickoff just prior to the official opening of the Show, and it recognizes the most cutting-edge automotive products either on the market or about to...