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SEMA buys Performance Racing Industry

The Specialty Equipment Marketing Association (SEMA) on Tuesday finalized plans to purchase Performance Racing Industry, and the transaction will close later this month. John Kilroy, who has experience as editor and associate publisher of PRI Magazine and as vice president of the organization, will continue to lead it. For now, according to representatives from SEMA, it's business as usual.

Land Rover: A year of Range Rover Evoque production and 80,000 sales

Land Rover is celebrating a year of Range Rover Evoque production and sales of 80,000 Evoques. The Range Rover Evoque continues to astonish with its sales performance and a seemingly unquenchable thirst from buyers to grab as many as Land Rover can build, despite its distinctly premium price structure. But that’s because Land Rover has managed to be right on the Zeitgeist with the Evoque, which conspires to offer a properly premium feel in a smaller package with no loss of ability compared to the full size Range Rover, so even car buyers with deep pockets can feel they’re being sane when they scratch their car buying itch and yet have no real compromise in ability or image.

Renault spy scandal: Former COO 'had to leave'

Patrick Pelata fell on his sword to save his boss and friend -- and maybe his company. Pelata, often called one of the industry's best product strategists, was part of a small team of executives Carlos Ghosn brought to Nissan Motor Co. in 1999 after Renault bought a controlling stake in the Japanese company.