Despite ongoing disruptions in the economy, 70% of automotive specialty-equipment manufacturers report sales growth over the past year, according to the new “SEMA State of the Industry Report 2021.”
Industry news from SEMA-member companies, including Truck Hero, ZF Aftermarket, Pirelli Tire and more.
Steve Matusek, founder of Aeromotive Inc., has been appointed treasurer of the SEMA Board of Directors.
The next-generation Range Rover has been spied multiple times, and Land Rover is also working on the replacement of the Range Rover Sport. It is the latter that our spies caught again while the car was outside the German Nürburgring race circuit.
’23 GMC Canyon AT4: For the all-new ’23 model year, the AT4 trim looks more potent than that of the current truck.
’23 Range Rover Sport SVR: Like the normal ’23 Range Rover Sport, the SVR is said to be built on the Modular Longitudinal Architecture.
’22 Ford Expedition Timberline: The refreshed ’22 model clearly shows the new headlight treatment along with several other features, including a unique grille treatment, a high-clearance front fascia, and orange recovery hooks.
Industry news from SEMA-member companies, including The AAM Group, Formula DRIFT, John Force Racing and more.
The economic recovery continues along a bumpy path. The number of new hires slowed in the month of September, and the outlook for the labor market remains unclear in the coming months as pandemic-related benefits are phased out. Consumer spending remains strong, even as some of these government transfers wane.
’23 Chevrolet Corvette Z06: The prototype features a more aggressive front fascia with various additional aero bits not seen on the current Stingray.
’22 Toyota Tundra: The ’22 Tundra will ride on an all-new platform that is said to be flexible enough to accommodate all Toyota body-on-frame pickup and SUV models globally.
’23 Ford Ranger Raptor LHD: The prototype rides on a set of black wheels that appear to be fairly similar to the current design.
Industry news from SEMA-member companies, including Centerforce, Race Winning Brands, Eleven Engineering Inc. and more.
The overall U.S. economic outlook remains positive as the country continues to bounce back from 2020. However, challenges remain on the horizon, including supply-chain constraints, inflationary pressure, a tight labor market and a potential COVID-19 resurgence, according to the latest edition of “SEMA Industry Indicators.”