SEMA Research Shows Vehicle Accessorization Trend Still Going Strong
DIAMOND BAR, CA — American drivers continue to embrace the notion of customization and personalization, having purchased a record $36.72 billion worth of specialty automotive products in 2006. The number represents a 7 percent increase over 2005, when sales reached $34.28 billion. “Today’s consumer wants something unique and different,” said Jim Spoonhower, vice president of
Leading-Edge Technology and Future Trends Showcased at Upcoming SEMA Show
Future automotive technology and the industry’s hottest trends will be unveiled at the upcoming SEMA Show in Las Vegas. Attracting more than 2,000 manufacturers in wide-ranging categories from Racing and Performance to Mobile Electronics and Restyling, the annual SEMA Show is the industry barometer for consumer tastes.
2005 PRI Trade Show To Display More New Racing Technology and Products
According to show organizers, the 2005 Performance Racing Industry (PRI) Trade Show will be bigger and better than ever this year. Slated to take place Dec. 1-3 in Orlando, Fla., the 18th Annual PRI Trade Show will encompass 1,000,000-square feet of floor space, with more than 25 percent of exhibitors requesting additional booths this year. This is the first time the event will take place in Orlando, after 17 years in Indianapolis.
Obituary: John Z. DeLorean — Auto Innovator Had Flair, Infamy
John Z. DeLorean was one of Detroit’s best-known — and most controversial — automotive innovators. He designed Pontiac’s GTO muscle car in the 1960s, then left Detroit to launch his own car company, one of just a handful of U.S. entrepreneurs to undertake such a challenge in the past 75 years.
American Automobile Manufacturers Have Invested More Than $26 Billion in U.S. Over Past Two Decades, Says AIAM
A new study released today by the Association of International Automobile Manufacturers (AIAM) finds that new American automakers have invested nearly $27 billion in new factories and created more than 55,000 new, high-paying jobs over the past two decades.
A Suppliers’ Guide to Innovation
As automotive suppliers continue to get hammered by price cuts, material cost increases, and competitors in low-cost countries, renewed attention is being focused on product and process innovation as a way to improve competitive positioning and profitability. So here we’ll look at the systems automotive suppliers need to implement if they want to consistently deliver on the innovation imperative.