SEMA Announces Trade Show Alliance in Australia
30 November 1999
SEMA Announces Trade Show Alliance in AustraliaDIAMOND BAR, Calif., Nov. 30 -- The Specialty Equipment Market Association (SEMA), announced today an alliance with the Australian Automotive Aftermarket Association (AAAA) and Trade Fairs Australia to sponsor the SEMA Performance and Technology Section at the Australian Automotive Trade Fair, to be held in Melbourne, Australia, May 5-7, 2000. "This alliance is a strategic component of our goal to expand the opportunities for SEMA-member companies across borders and into new markets," said SEMA President Charles R. Blum. "The SEMA Performance and Technology Section will allow our members to tap into the lucrative Pacific Rim market and expand the scope of their businesses." The Australian Automotive Trade Fair, which alternates between Melbourne and Sydney each year, is produced as a joint partnership between the AAAA and Trade Fairs Australia. In addition to the Performance and Technology Section, SEMA will sponsor the New Products Awards Breakfast, which recognizes the best innovations in new products being introduced to the Pacific Rim market. SEMA's sponsorship of the SEMA Performance and Technology Section will allow SEMA-member companies to exhibit their new parts and accessories to the expanding Pacific Rim market, which has long been known for mirroring the trends developed in the United States. Australia serves as a gateway to the larger Pacific Rim market, which includes New Zealand and southeast Asia. Australian consumers are known for their passion for motorsports as well as their propensity to spend money personalizing their vehicle. According to Vic Wood, SEMA Pacific Rim Regional Director, "It has always been our intention to work closely with the AAAA and their staff in Australia. They are the key aftermarket body in the region. It is beneficial to all sectors of the industry that SEMA and its members become more aggressive in the Pacific Rim market. We are looking forward to presenting an exciting and informative SEMA Performance and Technology Section at the 2000 Australian Automotive Trade Fair." "The AAAA is pleased to have SEMA participating in the upcoming Australian Automotive Trade Fair to be held in Melbourne. As well as providing additional prestige to the trade fair, SEMA's involvement will provide the Australian aftermarket with a greater range of products to choose from. We see SEMA's involvement as positive for the Australian aftermarket, the distributors and the consumers. The AAAA looks forward to developing an even closer relationship with SEMA, something that will serve as a mutual benefit to the members of both associations," commented AAAA Chief Executive Officer, Kim Elliott. SEMA is a trade group comprised of more than 3,600 member companies that make up the specialty automotive aftermarket industry. The seven diverse niches in which SEMA members specialize include light-truck, off-road, racing and performance, street rod and restoration, and restyling. All combined the markets add up to $21.2 billion in retail business annually.