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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.

Honda FCEV concept for 2013 LA debut

Honda has revealed an official sketch of its new FCEV concept that will debut at the 2013 Los Angeles Motor Show. Normally, this wouldn’t be much of a reason to raise even an eyebrow, but Honda has also confirmed that this new concept points to the future design direction of its next fuel cell electric vehicle. On Bing: see pictures of fuel cell electric vehicels Find out how much a used Honda costs on Auto Trader Given that, you can probably guess that FCEV stands for Fuel Cell Electric Vehicle.

Autoweek in review: What you might have missed

At the start of the week, Kia announced that it will launch a rear-wheel-drive sedan code-named the KH in the first half of 2012. U.S.-based press officials wouldn't comment on whether the KH would come stateside, despite a 36 percent increase in U.S. Kia sales in 2011.