Held each year in Las Vegas, Nevada, the SEMA Show is an industry event for the Specialty Equipment Manufacturers Association.
Tuners and parts suppliers from across the industry and even from the realm of motorsports come to show off their wares, usually displayed on some sort of eye-catching highly-modified vehicle - be it a muscle car, hot rod or sport compact car.
And let's not forget the increasing presence of mainstream manufacturers like Hyundai, Scion, Honda, Ford, Chevrolet, Cadillac, Chrysler and Dodge. Major areas of interest at SEMA include Racing and Performance, Wheels and Tires, as well as Trucks, SUVs and Off-Road vehicles.
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In a surprising move, General Motors has announced that it will begin to pay back $6.7 billion in loans to the U.S. and Canadian governments, starting as early as December. GM wasn't required (or expected) to begin paying back the loan until 2015.
The news comes as GM releases its third quarter results with a loss of $1.15 billion. That number isn't good but is significantly less than the losses the automaker has been reporting as of late.
"It's a lot better than what we had expected," said company CEO Fritz Henderson in a conference call. "Nonetheless, it's a loss, and you cannot be satisfied with it."
Henderson also released a statement in which he said that, "We have significantly more work to do, but today's results provide evidence of the solid foundation we're building for the new GM."
The news comes after General Motors announced its October sales, with the auto-giant posting its first sales gain in 21 months.
The repayment process will begin with a $1 billion payment to the U.S. treasury in December, with a $192 million payment to the Canadian government. The $6.7 billion loan, is however, a small portion of what GM borrowed from the U.S government, with $50 billion in total coming from the taxpayers. The majority of... [Read More]
A big part of the SEMA Show each year (both in terms of quantity and, well, size) is the truck and off-road industry. Some trucks get lowered suspensions and some lifted, some run on supercharged 4-cylinders, while others rely on massive turbocharged diesel units. Yet despite all that divides some truck lovers from others, they all seem to equally love to modify their rigs – often to the extreme.
We've gathered together a collection of all (or almost all) of the trucks at the 2009 SEMA Show for you to peruse. We also explored some of the trucks in more detail, including the Dodge Ram Bianco, DeWALT 2011 F-Series Super Duty, the new 411-hp F-150 SVT Raptor, the Toyota Tundra Hot Rod and the Chevy Silverado ZR2.
Held each year in Las Vegas, Nevada, the SEMA Show is an industry event for the Specialty Equipment Manufacturers Association.
Tuners and parts suppliers from across the industry and even from the realm of motorsports come to show off their wares, usually displayed on some sort of eye-catching highly-modified vehicle - be it a muscle car, hot rod or sport compact car.
And let's not forget the increasing presence of mainstream manufacturers like Hyundai, Scion, Honda, Ford, Chevrolet, Cadillac, Chrysler and Dodge. Major areas of interest at SEMA include Racing and Performance, Wheels and Tires, as well as Trucks, SUVs and Off-Road vehicles.
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