On Monday, May 17, balloting opens for the SEMA Select Committee elections.

While signs of economic recovery continue to emerge, the 2010 SEMA Show figures prominently in the plans of many companies looking to take advantage of a renewed sense of optimism as the industry sees signs of improvement.

 

On Monday, May 17, balloting opens for the SEMA Select Committee elections. The elections represent your opportunity to guide the direction of your SEMA councils and committees. Each SEMA council member company will receive one e-mail with instructions and links for completing an electronic Select Committee ballot. Only one ballot per company is e-mailed, and only one ballot per company will be recorded.

SEMA presents a New Products Showcase at the SEMA Show each year, providing exhibitors with an outstanding opportunity to introduce products, packaging and merchandising to industry buyers and media.

SEMA places a wealth of legislative/regulatory information at your fingertips to help your business succeed. All of the material can be accessed through the government affairs page on the SEMA website: www.sema.org. The legislative and regulatory materials are also posted on the SEMA Action Network (SAN) website (www.semasan.com) as a way to involve your customers, the enthusiast community.

Read on for some highlights.

SEMA’s Consumer Demand Index (CDI) experienced yet another increase in April, going from 45 to 48. Representing a 7% increase, the CDI again matches closely with the Consumer Confidence Index which experienced an 11% increase from March to April. The April increase experienced by the CDI follows the ten-point increase from the month before and marks an 85% increase from April 2009. This could signal an indication that consumers are willing to purchase more products in the next few months—much needed good news for the specialty-equipment market.

News and updates from SEMA's councils and committees.

The United States Senate passed Senate Resolution 513 (S. Res. 513) at the request of SEMA and the Automotive Restoration Market Organization (ARMO) council designating July 9, 2010, as “Collector Car Appreciation Day.” The resolution was the result of an effort undertaken by ARMO as a means to raise awareness of the vital role automotive restoration and collection plays in American society.

Do you really know what your business is worth? Do you know how to maximize the value of your business in a changing economic environment? Whether you plan to sell, strategically buy, or just want to understand your capitalization options, a new SEMA webinar entitled “Calculate the Value of Your Company: Value Realization Strategies” will teach you how to assess your company’s worth. Bob Kinsella and Karl Johnson of Kinsella Group will provide an overview of automotive aftermarket trends and the ways in which value is measured, and then they’ll teach you how to attract capital investment for acquisitions, consolidation, recapitalization and more.