Auto suppliers warn Michigan on new delays in resuming production [Reuters]
Toyota Motor Corporation (TM)
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toyota-global.com/investors
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Source: Reuters
Auto suppliers warn Michigan on new delays in resuming production WASHINGTON, May 1 (Reuters) - Major U.S. auto suppliers told Michigan Governor Gretchen Whitmer they are ready to restart production and raised alarm about new delays to resuming operations. Due to the coronavirus pandemic, most auto suppliers halted operations in late March as automakers closed their factories. Now uncertainty about when Michigan will allow the resumption of operations is causing delays throughout the U.S. auto industry. The Motor & Equipment Manufacturers Association and Original Equipment Suppliers Association told Whitmer in a letter late on Thursday seen by Reuters that “delays in re-opening facilities would increase liquidity risk for suppliers and jeopardize long-term capital investment and employment for Michigan.” The group asked Whitmer “to provide clear authority for automotive suppliers to restart their operations in Michigan at least five days before OEM production begins.” Auto suppliers i
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