Automotive News for May 2011

Automotive News Archive

U.S. Industrial Production Holds Steady in May

Latest Federal Reserve Report shows industrial production in the United States was unchanged in April after increasing 0.7 percent in March.

Metalformers Bracing for a Slowdown

The latest Precision Metalforming Association Business Conditions Report forecasts softer sales activity during the next three months.

AkzoNobel expands its US Automotive Repair Distribution Network

The deal will involve the divestment of approximately 40 AkzoNobel-owned stores to LKQ Corporation.

U.S. Economy Adds 244,000 Jobs in April

Manufacturing sector accounts for 29,000 on the strength of machinery, primary metals, and computer and electronic products.

Technic Inc. and STS Switzerland Announce Joint Agreement

Deal gives Technic exclusive distribution rights for STS vibratory equipment products in North America and Europe.

U.S. Auto Sales Rise 18% in April

Demand for fuel-efficient vehicles drove automotive sales last month.

April PMI Index Hits 60.4

Purchasing survey results bode well for manufacturing.

Enthone Introduces Decorative and Hard Chrome PFOS-Free Processes

Family of wetting agents and fume suppressants addresses pending U.S. EPA rules.