Thursday, 21 October 2010 16:34

SEMA asks IRS to Help Kill 1099 Report Mandate

SEMA his submitted comments to the IRS opposing a requirement that businesses issue 1099 reporting forms to all vendors from whom they buy more than $600 of goods or services in any year, beginning in 2012. The mandate was included in the health-care law as a revenue-raising provision. SEMA said that it will fail in its mission to collect much under-reported income, but it will succeed in punishing small-business taxpayers who already comply with U.S. tax law. The 1099 provision was imposed upon the IRS which required to implement the law.

The SEMA Award will be presented to the hottest car, hottest truck and hottest 4x4-SUV during a special media luncheon  on November 2. The awards will reveal which trend-setting vehicle models SEMA Show exhibitors are choosing to trick-out, modify and display most often in their booths. The award winners, chosen by exhibitors, will help guide consumers to the most accessory-friendly vehicles. Industry experts have identified 21 vehicles as those most likely to be named a SEMA Award winner, based on factors such as early registration numbers, the collaboration automakers have had with exhibitors, the buzz surrounding the vehicles. Contenders for the 2010 SEMA Award are:

Karen Fierst, previously associated with the Taiwan Auto Body Parts Association (TABPA), spoke at several aftermarket parts sessions during the NACE 2010 expo.

After 11 and a half years Fierst is no longer representing TABPA and is pursuing other opportunities. Her work within the aftermarket parts industry led Autobody News to ask her for a quick overview of the current aftermarket parts industry.

Fierst made a distinction about what she works with within the aftermarket parts industry; her background is with external, sometimes called ‘cosmetic,’ aftermarket parts. Although she did acknowledge the current issues going on within the industry concerning structural aftermarket parts, she admitted that that arena isn’t really on her radar.

PPG says it’s planning for an upbeat presence at the 2010 SEMA show in Las Vegas. PPG will have displays both inside—at booth #24813—and outside—in the Silver Lot #9. A retro 1950s theme and décor will set the tone for PPG’s participation in the four-day event. Celebrity painters, an expansive variety of custom vehicles, custom-painted guitars, industry classes, the new Vibrance Collection waterborne midcoat and more will be featured, the company says.

Thursday, 21 October 2010 16:21

NACE 2010 by the Numbers

ASA sponsors NACE and its “CARS” mechanical industry event all under the “Automotive Service and Repair Week” (ASRW) umbrella. For the first time in six years, NACE 2010 was held separately from “Automotive Aftermarket Industry Week,” during which SEMA-AAPEX and other automotive aftermarket shows are held. The return of NACE as a stand-alone event was triggered by efforts to lure collision repairers and exhibitors to SEMA, a strategy that appears to be working given SEMA 2010’s 120% growth over last year’s PBE exhibits.

The National Auto Body Council’s Recycled Rides Program gave five refurbished vehicles to families involved with the Family Promise of Las Vegas program which provides support to families in crisis on October 12 on the NACE show floor.