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eNews Article

SEMA POSITION—CO2 EMISSIONS ARE ALREADY REGULATED UNDER CAFE STANDARDS

SEMA submitted comments to the U.S. Environmental Protection Agency (EPA) urging regulators to control carbon dioxide (CO2) tailpipe emissions through the Corporate Average Fuel Economy (CAFE) standards. SEMA opposed the establishment of a separate program under the Clean Air Act. In 2007, the EPA...
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NHTSA OK's ELECTRONIC TIRE REGISTRATIONS

The National Highway Traffic Safety Administration (NHTSA) updated its tire registration rule to allow consumers to register their tire purchases electronically rather than by mailing back a paper registration form. The action had been urged by SEMA and a number of other industry groups including...
eNews Article

IRS SETS STANDARD MILEAGE-RATE DEDUCTION FOR 2009

The Internal Revenue Service (IRS) has set the standard business-mileage deduction at 55 cents for 2009. This is below the 58.5 cents allowed during the second half of 2008, but above the 50.5 cents permitted during the first half. Widely fluctuating gasoline prices triggered two different rates for...
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RACING NEWS: MONTOYA REJECTS FORMULA 1 OFFERS, WILL STAY IN NASCAR

STAYING PUT: Juan Pablo Montoya has rejected offers from several Formula One teams to remain in the NASCAR Sprint Cup Series. TRADE OUT: A new trade show will come to the city of Indianapolis in December of 2009, with the International Motorsports Industry Trade Show being held at the Indiana...