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2008 Motorsports & Performance Report
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Motorsports of all varieties and the products that support them are acknowledged as the unchallenged cornerstones of the specialty equipment market. Performance manufacturer sales reached $2.43 billion in 2007, up 44% in the last 5 years and up 72% from 1993. Manufacturer sales of performance parts for the light-truck market, for example, have grown a total of 33% since 2001, with a jump of 4.3% between 2006 and 2007. Across the United States, there are 1,010 oval tracks, 776 dirt tracks, 238 paved tracks, 292 dragstrips and 76 road courses. This means that on any given weekend, there are potentially more than 100 racing events taking place across the country.
2008 Alternative Fuels Market Report
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High fuel prices cut into the budgets of most drivers. As gasoline surpassed $4/gallon, 28% of enthusiasts claimed they would spend less on modifications if prices increased another $.50/gallon. Alternative Fuel Vehicles (AFVs) are more common than people may recognize. Over 11 million AFVs have been produced. They have also held a steady role providing the muscle behind corporate and municipal fleets for the better part of two decades. Depending on application, some AFVs illustrate no discernable decrease in performance in comparison to their petroleum counterparts and in many ways offer benefits.
2008 Motorsports and Performance Report - Executive Summary
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2006 SEMA Market Study
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As an industry, the companies involved in producing, selling and installing automotive performance parts and accessories are not readily recognized by the average consumer. But when it comes to the products that the industry provides, consumers quickly relate them to freedom of choice—the choice of having a car or truck just the way you want it. Performance parts and accessories give consumers the choice to adapt their vehicles to how they see themselves, to how they drive, and to how they live.
2005 SEMA Industry Update
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2004 SEMA Industry Update
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2003 SEMA Industry Update
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2002 SEMA Industry Update
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Those who are not part of the industry would have trouble accepting that any industry could exhibit continued growth patterns as this industry does. Last year, 2001, the automotive specialty equipment industry continued its incredible growth pattern. With the exception of 1991, the industry has had at least 16 years of continual growth. The streak is probably longer, but industry wide records were not kept prior to 1985. In 2001, we saw an increase of approximately 4 percent. That may not seem like much, but reflect for a moment on everything that happened last year. A year in which the economy of the U.S. grew only 1.2 percent, but still a year that saw our industry increase more than three times that rate.

