This is the first in a series of SEMA News stories based on the idea of “Best Practices”—the use of reliable and repeatable methods to ensure business success. In coming issues, we will delve into topics ranging from digital and traditional marketing to employer/employee relations, from getting the...

News and updates from SEMA's councils and committees.

SEMA's Consumer Demand Index has fallen for the second consecutive month, dropping from 36 points in October to 32 points in November, and a full 13 points from September. But it isn't all bad news. Compact performance and hot rod enthusiasts have shown increased interest in their respective niches.

Brenda Priddy’s cameras caught the forthcoming 2011 Porsche Cayenne, featuring a sleeker design and expected to offer 400-hp and 500-hp gas engine and 333-hp hybrid options.

SEMA and the Tire Industry Association announce collaborative effort to increase value in the SEMA Show for tire companies.

The U.S. House of Representatives passed SEMA-supported legislation to make permanent the 2009 estate tax rate of 45 percent and exemption rate of $3.5 million/individual ($7 million couple). Under President Bush’s tax cuts of 2001, the so-called “death tax” is being gradually phased-out by 2010.

The U.S. Environmental Protection Agency (EPA) issued a finding that carbon dioxide (CO2) and other greenhouse gas emissions endanger public health and the environment.

The Internal Revenue Service (IRS) has set the standard business-mileage deduction at $.50 a mile for 2010. The rate is below the $.55 cents allowed during 2009, reflecting lower transportation costs during the past year.

Decked out with custom mods inside and out from SEMA member companies, this 2009 Ford F-150 Super Crew 4x4 is now up for auction on eBay. Proceeds from the sale benefit SEMA Cares charities ChildHelp and Victory Junction Gang Camp.

Kyle Busch wins the Snowball Derby; The FIA grants Sauber (formerly BMW) Formula One team a spot on the 2010 grid; Peak Performance Motor Oil extends partnership with IZOD IndyCar Series; and more news from the racing world.