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John Stewart

Consumer Forecast: Spending in 2009

To arm the industry with timely consumer data, SEMA is launching a series of enthusiast polls designed to illustrate the true pulse of the market. The initial study is a consumer forecast that engages those in the hobby about their vision for 2009. From spending habits to opinions for manufacturers, thousands of enthusiasts will be contacted to submit their impressions about the upcoming year.

One element of the study that is becoming clear is the attitude towards spending. While the survey continues to reach additional enthusiasts, these introductory findings reveal valuable information for members of the specialty-equipment industry to consider.

For example, survey takers have been asked about the amount of money they spent on automotive parts and accessories throughout 2008. They are then asked to estimate the amount they intend to spend in the coming 12 months. Some of the early results suggest that the conditions of the current economy are hitting demographic groups differently.

Click here to read more about Consumer Forecast: Spending in 2009 from SEMA.

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John Stewart

Weight Reduction Critical to Meeting New CAFE Regs

Powertrain Advances and Weight Reduction Both Critical to Meeting New CAFE Regs, Aluminum Industry Says

WASHINGTON, March 27 /PRNewswire-USNewswire/ -- Today, the Obama administration announced new regulations for Corporate Average Fuel Economy (CAFE) levels for passenger cars and light trucks, raising standards to 27.3 miles per gallon by 2011. The Aluminum Association supports these standards, believing the optimum solution for automakers to quickly engineer and build more fuel-efficient vehicles is to pursue a mix of technologies including powertrain advancements and lightweighting.

The following statement is from Buddy Stemple, chairman of The Aluminum Association's Auto & Light Truck Group:

"The Aluminum Association agrees with the Obama administration's regulations on CAFE. Greater use of aluminum to reduce carbon emissions while improving fuel economy must be part of the solution for the industry moving forward. Specific to this rule, we agree with the administration for continuing to support size-based standards for passenger cars. Size-based standards will allow automakers to build large vehicles that consumers demand with the fuel efficiency they expect and will positively impact future vehicle design and construction. Research proves that size - not weight - is a better determinant of vehicle safety.

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John Stewart

Right To Repair Legislation Gains Support

Five More Members of Congress Support 'Right to Repair' Legislation - Reps. Boucher, Gerlach, Rogers, Shuler and Welch Co-Sponsor HR 2057

BETHESDA, Md., May 4 /PRNewswire-USNewswire/ -- Following the recent introduction of the Motor Vehicle Owners' Right to Repair Act (HR 2057) into the 111th Congress, the bill gained five more co-sponsors last week, according to Kathleen Schmatz, president and CEO of the Automotive Aftermarket Industry Association (AAIA).

Reps. Rick Boucher (D-VA), Jim Gerlach (R-PA), Mike Rogers (R-AL), Heath Shuler (D-NC) and Peter Welch (D-VT) have joined bill's original co-sponsors, Reps. Towns (D-NY), Eshoo (D-CA) and Miller (D-CA).

"Within a week of the bill's introduction, the inclusion of these five members of Congress from both sides of the aisle signals growing support in Congress for the Right to Repair Act," said Schmatz. "We applaud their commitment to ensuring that motorists in their districts retain the choice of where to have their vehicles serviced and repaired."

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John Stewart

"Cash for Clunkers" is an Environmental Clunker

The "Cash for Clunkers" amendment, included as part of the American Clean Energy and Security Act of 2009 (HR 2454), states that "For each eligible trade-in vehicle, the title of which is transferred to a dealer under the Program, the dealer shall certify to the Secretary, in such a manner as the Secretary shall prescribe by rule, that the vehicle, including the engine and drive train - i) will be crushed or shredded within such period and in such manner as the Secretary prescribes, or will be transferred to an entity that will ensure that the vehicle will be crushed or shredded within such period and in such manner as the Secretary prescribes; and ii) has not been, and will not be, sold, leased, exchanged or otherwise disposed of for use as an automobile in the United States or in any other country, or has been or will be transferred, in such a manner as the Secretary prescribes, to an entity that will ensure that the vehicle has not been, and will not be, sold, leased, exchanged or otherwise disposed of for use as an automobile in the United States or in any other country."

"Cash for Clunkers is loaded with so many potholes that the American people will be paying a steep bill both economically and environmentally for a long time," continued Lowe. "In addition to the wasteful nature of destroying perfectly good vehicles, a tremendous amount of energy and resources will be exhausted to build new vehicles to replace the scrapped ones. Providing incentives for motorists to have their current vehicles maintained for fuel efficiency would be a much better use of federal money that would truly benefit the environment."

Interested parties can send an e-mail in opposition to the Cash for Clunkers program to the Speaker of the House, the Senate Majority Leader and their congressional representatives by visiting www.fightcashforclunkers.org and clicking on "Take Action."

About Fight Cash for Clunkers: The Fight Cash for Clunkers organization opposes the inclusion of a Cash for Clunkers provision in the economic stimulus package currently being considered by Congress, instead favoring tax credits to help upgrade, repair or maintain older vehicles, as well as tax deductions for interest on car loans and state sales tax. For more information, visit www.fightcashforclunkers.org.

SOURCE: Automotive Aftermarket Industry Association

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John Stewart

How Times Have Changed

Indianapolis Motor Speedway 100th Anniversary

Needing a test facility for Indianapolis’ burgeoning automobile industry, Carl Fisher and three other investors purchased 325 acres in 1909. They built a 2.5-mile racetrack and dubbed it Indianapolis Motor Speedway. “The Brickyard” — a nickname coming about later that year when 3.2 million bricks were used to pave the track — is the world’s largest sports venue with the ability to accommodate about 400,000 spectators.

One hundred years after the first of more than 300 races at the speedway, it remains home of the world-famous Indianapolis 500, as well as NASCAR’s Brickyard 400, and some motorcycle and Formula One events. The 93rd Indy 500 on May 24, 2009, is being billed as the first race in the track’s “Centennial Era” of 2009-2011.

To commemorate this automotive milestone, the Census Bureau has compiled a collection of facts and figures relating to our nation, Indiana and Indianapolis during the past 100 years.

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OutdoorWire, 4x4Wire, JeepWire, TrailTalk, MUIRNet-News, and 4x4Voice are all trademarks and publications of OutdoorWire, Inc. and MUIRNet Consulting. Copyright (c) 1999-2019 OutdoorWire, Inc and MUIRNet Consulting - All Rights Reserved, no part of this publication may be reproduced in any form without express written permission. You may link freely to this site, but no further use is allowed without the express written permission of the owner of this material. All corporate trademarks are the property of their respective owners.