The big three U.S. automakers – Ford, General Motors and Fiat-Chrysler – are reopening their factories after COVID-19 related closures. They’ll still face a mixture of weak demand and component shortages as they get started, particularly in supplies from Mexico. U.S. sales of cars and light trucks fell 46.6% year over year in April to their lowest since January 2010, including sales of foreign vehicles which were their lowest since January 1998. They also face challenges from implementing new sourcing strategies to be compliant with the U.S.-Mexico-Canada Agreement which comes into effec...
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