Coronavirus raises fears of U.S. auto sales slowdown, but production not suffering yet [Reuters (UK)]
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Source: Reuters
Coronavirus raises fears of U.S. auto sales slowdown, but production not suffering yet - Reuters 5 Min Read DETROIT (Reuters) - Fears of a U.S. sales slowdown in auto showrooms due to the coronavirus outbreak that has spread globally are appearing in analysts’ forecasts, but industry executives said the pandemic has yet to affect demand or factory production. Officials with Detroit automakers General Motors Co ( GM.N ), Ford Motor Co ( F.N ) and Fiat Chrysler Automobiles NV ( FCHA.MI ) ( FCAU.N ) on Wednesday said there has been no disruption to U.S. production. Automakers and their suppliers have avoided shutdowns in the United States so far due to parts already en route, as well as suppliers resorting to air shipments or resourcing the supply of parts to different plants, supplier executives and industry consultants said. GM Chief Executive Mary Barra said last week the No. 1 U.S. automaker’s vehicle production was secure from parts shortages “quite far into this month.” Sup
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