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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.

Rolls-Royce hits new sales record

ROLLS-ROYCE has strolled luxuriously to a record half-year new car sales total - although actual volumes have not been released yet. Sales worldwide have risen by 33% compared with the January to June 2013 period, with sales in Europe up by more than 60%. There was also strong growth in Asia Pacific (up nearly 40%) and in the Middle East (up by more than 30%).

Win an internship in VW's design contest

Volkswagen is offering students a chance to design a video game car for a contest. Three winners get a six-month internship at the VW design department in Wolfsburg, Germany. Students working in fields of interior and exterior design, interface design, graphic design and color and trim design can submit concepts.