In 2008, the restoration market held its ground and fended off economic troubles by sticking to its classic formulas.
SEMA’s monthly forecasting tool to determine consumer demand for
industry products has been rebranded SEMA Consumer Demand Index for
Performance Products and Accessories. Formerly called PADI, short for
Performance and Accessories Demand Index, the new name seeks to clarify
the intent and purpose of the program.
SEMA recently launched the Aftermarket Industry Program to provide SEMA members with financial data measure and track operational goals and financial performance.
It wasn’t all that long ago that the OEMs were trumpeting the concept of mass customization.
The SEMA Performance Parts and Accessories Demand Index (PADI) provides marketing planners with a useful tool that estimates future specialty-equipment demand.
Vehicle Sales Rose in May, Reached 924,000
Specialty-equipment manufacturers are more optimistic about summer business than either retailers or distributors.
New SUV sales in 2008 were down 39% from 2007, but the sport-utility segment is still relevant to the specialty-equipmennt industry.
Ready or not, electric cars are poised to take the automotive market by storm. The auto industry wants to have 1 million plug-ins on U.S. roads by 2015.
Readers wanted to know more about the distribution of compact car registrations throughout the United States. SEMA Research has followed up with additional insight.