Automotive Anticipated to Broach $4.8 Billion in Spending for 2005, an Advisory from Industrialinfo.com.HOUSTON -- Researched by Industrialinfo.com (Industrial Information Resources (1) The data and information assets of an organization, department or unit. See data administration. (2) Another name for the Information Systems (IS) or Information Technology (IT) department. See IT. , Incorporated; Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the ). Last year, 2004, was a good year for the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. , at least when it came to capital spending capital spending Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years. . The industry topped $4.7 billion in capital and maintenance spending in the U.S., a healthy indicator that, in general, things are going well. However, 2005 appears, at least at this early stage, to have the potential to be even better, with proposed spending already reaching $4.8 billion for the year. For details on this trend view the entire article at www.industrialinfo.com. Industrialinfo.com's http://www.industrialinfo.com/prodserv/prodserv.jsp?pagerequest=auto& tab=A (Due to its length, this URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) Automotive Database is a comprehensive collection of over 1,400 operational, planned, engineered, and under construction OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and and tier supplier's plants, within the automotive industry, as well as all of the capital and maintenance projects associated with these plants, both grassroot and operational. Industrialinfo.com is the leading provider of global industrial market research. We specialize in helping companies develop information solutions to maximize their sales and marketing efforts. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com. |
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