CEO Mike Manley notes FCA, which shut its North American plants March 18 to prevent the spread of coronavirus, will reopen factories in the U.S., Canada and Mexico with a lift from strong consumer demand, particularly for Ram pickup trucks.
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Toyota says its decision to delay by one week the reopening of its North American plants is based on “an extensive review with our supplier and logistics network.”
In most recovering markets, sales to mature buyers lag far behind younger buyers, J.D. Power says.
May 05, 2020
What automotive-related positions are currently still in demand and being recruited for in India? Sunil Kapoor, managing partner of Antal India and a supply-chain expert, talks with GlobalAutoIndustry.com.
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LCV ownership has risen 2.7% to 4.5 million vehicles and heavy-duty truck use is at its highest in 30 years. Many of these vehicles are helping provide transport for essential workers, deliveries and emergency services.
The company cites uncertainty stemming from the pandemic in declining to issue a full-year financial forecast.