Auto Industry’s Reopening to Be Slow and Arduous, Executives Say - News Summed Up

Auto Industry’s Reopening to Be Slow and Arduous, Executives Say


Like many in the U.S. auto industry this month, Peter Anthony is busy trying to get his auto-supply business running again after a multiweek shutdown. But orders from car makers are just trickling in. He had called back only about 5% of his 2,000-employee workforce as of last week, and doesn’t expect to return to profitability soon. “No supplier...


Source: Wall Street Journal May 17, 2020 09:33 UTC



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