GM, Ford restart U.S. production as foreign competitors’ shipments wane — Panjiva
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GM, Ford restart U.S. production as foreign competitors’ shipments wane

Cons. Discr. - Autos 1250 Coronavirus 511 U.S. 5402

U.S. automakers are bringing manufacturing back online after COVID-19, with General Motors hoping to reach “normal capacity by end-of-June” while Ford expects to be back by July 6. They’ll still need to deal with potential disruptions from upstream supply chains while customer demand also remains depressed. U.S. sales of domestically produced vehicles dropped by 28.7% year over year in May while foreign produced vehicle sales only fell by 17.1%. The latter may reflect more readily available inventories which may now decline given U.S. seaborne imports of vehicles fro...

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