Industrial Info Radio Updates Spending Trends for the North American Automotive Industry

SUGAR LAND--June 26, 2006--Researched by Industrial Info Resources (Sugar Land, Texas). With $9.2 billion worth of project spending planned at automotive assembly and tier supplier manufacturing plants in North America through the end of 2007, the North America automotive industry is maintaining a healthy level of spending in spite of the downsizing of domestic automakers. A reflection of this trend shows that a good deal of the planned project expenditures are for new and expanding operations (many of them foreign owned) in the South, as opposed to the traditional U.S. manufacturing hub surrounding the Detroit area.

Traditional American-based automotive manufacturers and tier suppliers are facing fierce global competition, which is arriving on U.S. shores in growing numbers. According to Dave Pickering, Vice President of Industrial Manufacturing Industry for Industrial Info Resources, "After decades of growth for American automakers, the industry is now under assault as the war between American and foreign automakers heats up for the ever important market share." In the last decade, the balance has tipped in favor of the foreign automakers, a truism reinforced by the recent announcements of widespread layoffs and plant closures by the American automakers, as well as some of the key tier suppliers who support the industry.

What is in store for this turbulent industry in the future, and how will this affect capital spending in North America? Join Dave Pickering, along with Crazy Al of Industry Today, for an informative discussion of recent capital project activity and business trends in the automotive industry. Click Here (http://www.industrialinfo.com/radio) to hear the LIVE interview, June 26, 2006 at 10:30 A.M. (EST). If you miss the show, Click Here (http://www.industrialinfo.com/radio/showlist.jsp) to hear this or any of the over 170 previous Industry Today shows covering topics important to industry spending, including trends, outlooks, and focus segments on specific industries.

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