Manufacturers/End Users
June 5, 2025
Written by Stephanie Ritenbaugh
New light-vehicle sales slumped in May to 15.6 million units as the buying rush from consumers signing ahead of tariff increases faded.
The seasonally adjusted annual rate (SAAR) of sales last month was down notably from March and April, when the sales pace accelerated to well above 17 million, the highest levels since 2021, according to Cox Automotive Inc.
Farming equipment manufacturer John Deere announced it will call back more than 375 employees to work across its Quad Cities factory operations.
The Greenbrier Companies received orders for 3,400 new railcars with an aggregate value of ~$600 million during its fiscal fourth quarter ended Aug. 31.
Worthington Enterprises reported higher fiscal first-quarter sales and earnings while citing rapidly growing data center demand and continued tightness in the steel market.
Metalformers’ optimism softened in the Precision Metalforming Association (PMA) September Business Conditions Report.
SMU’s latest Flat-Rolled Steel Buyers Survey shows that in a tight US market marked by long lead times, low inventories, and rising prices, foreign products continue to gain the interest of domestic buyers.