SEMA/APPEX: Day 2

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Once again the Canadian AutoWorld team is pounding the showroom floors in Las Vegas today as the aftermarket extravaganza continues.

Things got going this morning with an update on financing for the automotive aftermarket. Roberts Bass and Pete Loescher from BB&T Capital Markets shed a little insight onto the market for bank financing and alternative sources of capital.

Bass said the credit market is thawing in the U.S., a considerable amount of corporate credit problems will continue to drain the system for a while to come.

After the seminar, the team hit the international market at APPEX where companies from China, Thailand, Mexicoand nearly all points in between were there to set up deals.

Today is Dealer Day at SEMA with a number of programs specifically aimed at new car dealers. The Canadian AutoWorld team will be front and centre for a number of seminars so look for complete coverage in the next issue of Canadian AutoWorld.