The first Friday in June is here, and with it my five thoughts about the auto industry for the past week.

It’s Friday again, and time for a quick edition of my five thoughts about the auto industry.

Just a couple of weeks are left in May and some interesting tidbits have been coming out of the auto business before the summer season swings into action. Let’s take a quick look at five thoughts about the auto industry for the week of May 20, 2011.