The U.S. metals and manufacturing community welcomed a decision by the World Trade Organization that supported claims by the United States that China illegally imposed antidumping and countervailing measures upon U.S.-made passenger vehicles.
The Original Equipment Suppliers Association’s sentiment index rose 3 points to 59 in May—from March’s 56—driven by healthy U.S. auto sales and higher capacity utilization rates both among automakers and at component and subassembly production plants.
GM’s magnesium thermal-forming process reduces car weight to boost mileage