Filed under: Earnings/Financials,Plants/Manufacturing
Several automakers on Tuesday reported stronger-than-expected May sales in the United States, and the Detroit automakers said they will work through their annual summer shutdowns to rebuild inventories as demand recovers from coronavirus shutdowns. The U.S. auto sector has reopened assembly plants following the shutdown and automakers that reported May sales said they saw signs of recovery in consumer demand. Toyota Motor Corp, said overall U.S. sales fell about 26% in May, but retail
Continue reading May's U.S. auto sales trends show promise for reopening
May's U.S. auto sales trends show promise for reopening originally appeared on Autoblog on Tue, 2 Jun 2020 15:54:00 EDT. Please see our terms for use of feeds.
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