All told, J.D. Power estimates inventories stand about 1.3 million units below normal for this time of year, and auto manufacturers are openly worrying about whether the upbeat sales trend in June — following declines of as much as 50 percent in March, April and May — will be short-lived.
“There’s a whole mix of factors” impacting industry production plans, said analyst Krebs. Manufacturers are likely to keep pressing to deliver as many pickups and large SUVs as possible to refill the inventory pipeline. Nonetheless, officials expect to find some workers suffering from the illness, especially at plants operating in regions of the country where COVID-19 outbreaks are mushrooming. Despite the best efforts to prevent workers from infecting one another in the factory, there’s little a company can do when they’re off work, Gary Johnson, Ford’s head of manufacturing said.
Some of the biggest problems have occurred within the supplier community, since not all parts manufacturers meet the same levels of safety standards as auto assemblers. The situation has become particularly serious in parts of Mexico.
Gonna need them pick-ups soon because they are going to run out of hearses down South
. I hear about covid cases. FACTS. How many are actually sick, how many are in the hospital, how many deaths?
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.
Source: BusinessInsider - 🏆 729. / 51 Read more »