Automotive News for September 2010

Automotive News Archive

August PMI Index Bodes Well for Manufacturing

The Institute for Supply Management, or ISM, pegged the August PMI index at 56.3% for August—an indication of manufacturing growth.

Organizers Promise a Bigger, Better FABTECH 2010

Show's expansive format embraces virtually all levels of the manufacturing supply chain.

GM Announces Ambitious Investment Plan

General Motors Co. recently announced plans to spend $483 million and add 483 jobs building current- and next-generation Ecotec four-cylinder engines at its powertrain complex in Spring Hill, Tenn.

IMTS Show a Hit for Exhibitors, Attendees

Exuberant turnout bodes well for state of U.S. manufacturing, organizers say.

U.S. Industrial Production Edges Upward in August

Output rose 0.2 percent in August after a downwardly revised increase of 0.6 percent in July, according to the Federal Reserve.

Survey Says: Metalformers Cautiously Optimistic About Short-Term Business Outlook

The newly released September 2010 Precision Metalforming Association Business Conditions Report indicates metalforming companies expect steady sales during the next three months. Optimism, however, is tempered by a soft economic environment

U.S. Auto Sales Downshift in August

Sales of automobiles stalled in August, dropping a staggering 21% from this time last year.

PMI Index Inches Up in July

U.S. economic activity in the manufacturing sector expanded in August for the 13th consecutive month, according to the Institute for Supply Management’s PMI Index.