A new economic report distributed by SEMA highlights the impact that the specialty equipment aftermarket for motor vehicles has on America’s economy, the specialty aftermarket trade organization announced. SEMA commissioned the research, which was conducted by John Dunham and Associates and is based on 2023 U.S. economy data. The SEMA Economic Impact Report shows the… Continue reading SEMA Releases Economic Impact Report
Tag: Trends
AAPEX Webinar to Cover Global Supply Chain
The AAPEX Webinar Series is hosting an upcoming webinar that will cover how to navigate global trade, the organization announced. The webinar, “Reducing Risk and Cost in the Global Supply Chain: Top 5 Strategies,” is scheduled for Sept. 26, and will be hosted by Thomas Cook, managing director of Blue Tiger International (bluetigerintl.com). Cook will… Continue reading AAPEX Webinar to Cover Global Supply Chain
Survey of Hourly Workers Identifies Top Employee Concerns
Homebase, an employee management app, recently released results from its latest survey of nearly 500 small business hourly workers on their top concerns and priorities, the company announced. The survey found the following: Despite historic inflation increases, competitive wages are NOT the top priority for hourly workers. Schedule control and flexibility (57%) and good team… Continue reading Survey of Hourly Workers Identifies Top Employee Concerns
SEMA Show New Products Showcase Relocates to North Hall
The 2023 SEMA Show New Products Showcase is relocating to the North Hall of the Las Vegas Convention Center during the 2023 SEMA Show, event officials announced. Accessible exclusively to SEMA Showgoers during the Oct. 31-Nov. 3 trade show, the New Products Showcase displays new products from throughout the automotive aftermarket. “The New Products Showcase… Continue reading SEMA Show New Products Showcase Relocates to North Hall
Report: Workers Expecting Record-High Salary for New Jobs
The amount of money most workers want now to accept a job reached a record high this year, according to CNBC. Citing a New York Federal Reserve employment survey released Monday, the average “reservation wage,” or the minimum acceptable salary offer to switch jobs, rose to $78,645 during the second quarter of 2023. The reported… Continue reading Report: Workers Expecting Record-High Salary for New Jobs
Key Performance Indicators Report — August 2023
Sponsored by RANDYS Worldwide – A comprehensive source for industry insights, exclusive interviews, new and used vehicle data, economic analysis, consumer reporting, relevant global affairs and more…
KPI — August 2023: The Brief
While consumer confidence and sentiment are on the rise, inflation and labor shortages continue to impact small businesses…
KPI — August 2023: State of Business
Consumer demand remains strong and inventory levels are rising, giving the industry a positive outlook for 2024…
KPI — August 2023: State of the Economy
According to some experts, the job market is returning to a pre-pandemic normal thanks to steady growth and low unemployment…
KPI — August 2023: Consumer Trends
Despite rising interest rates, data shows consumers are more upbeat about the economy compared to recent months…
Overland Experience Returning to 2023 SEMA Show
The Overland Experience, a dedicated display highlighting trends, vehicles and manufacturers in the overlanding segment, is returning to the 2023 SEMA Show, event organizers announced. Located in the Diamond Lot outside West Hall at the Las Vegas Convention Center, the Overland Experience will showcase a variety of trucks, SUVs, off-road vehicles, powersports and utility vehicles,… Continue reading Overland Experience Returning to 2023 SEMA Show
How Brand Clarity Impacts Your Marketing Strategy
An upcoming webinar will discuss how the brand strategy process works and the impact it can have on your marketing efforts…
Everything You Need to Know About Sustainable Fuels
YouTube channel Harry’s Garage talks with a sustainable fuel expert to learn about its use in classic cars…
Ep. 48 — Market Research With SEMA’s Gavin Knapp
SEMA Director of Market Research Gavin Knapp joins the show to discuss the 2023 SEMA Market Report, how the organization puts together its reports, the future of the industry and more…
A New Breed of Classic Cars?
This article originally appeared in the August 2023 issue of THE SHOP magazine. Are millennials and Gen Zers less interested in vehicle ownership and driving? Not according to a study conducted by Hagerty Insurance titled “Why Driving Matters,” which found that 81% of millennial drivers said they “like,” “love” or are “passionate about” driving, just… Continue reading A New Breed of Classic Cars?