Significant hurdles remain for an auto industry recovery as Detroit plants reopen

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

The reopening of plants for General Motors, Ford and Fiat Chrysler will test their capital-strained supply chains, coronavirus safety protocols and consumer demand.

GM has said it could have its plants back up and running to pre-pandemic levels in the next four weeks, while Ford Chief Operating Officer Jim Farley said it's "too early to tell" when it will be back to producing where its was ahead of the coronavirus pandemic. Fiat Chrysler CEO Mike Manley has said "production levels will be aligned to consumer demand to ensure we do not build up inventory.

All three of the automakers worked with the United Auto Workers union to reopen their U.S. facilities as well as local public officials. A weld curtain hangs over the chassis line at Fiat Chrysler's Sterling Heights Assembly Plant in Michigan to protect employees from the spread and transmission of COVID-19.The automakers also have redesigned lunch and break areas, established new procedures to enter and exit facilities and havefor anyone believed to have contracted the disease. That's in addition to pre-training exercises related to Covid-19 and pre-work health questionnaires.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

One step at a time.. Welcome n gratitude reopen Watch n safe

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Auto Industry’s Reopening to Be Slow and Arduous, Executives SayRebooting more than 40 U.S. assembly plants—as well as the thousands of component makers that supply them—is likely to be a slow and arduous process, say industry executives and consultants. Translation: When this happens quickly we will ignore this story. LETS build MORE CARS that NOBODY WANTS - E=mc2 This long lag in resuming production will be true for laptops, iPhones, washing machines, even buildings. Not only are input goods unavailable but orders, contracts, licensing, permits and many other critical requirements are not being processed - on hold or frozen in transit.
Source: WSJ - 🏆 98. / 63 Read more »

PRESENTING: 9 industries to start a businesses after US reopens - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Home-builder confidence rebounds in May from historic decline as industry grows optimistic about post-pandemic home salesConstruction firms are upbeat on the housing industry’s prospects thanks to low interest rates, even though coronavirus-related challenges remain.
Source: MarketWatch - 🏆 3. / 97 Read more »