U.S. automakers to extend shutdown into April: sources

U.S. automakers to extend shutdown into April: sources
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WASHINGTON (Reuters) – Detroit’s Big Three automakers plan to extend a current shutdown of vehicle production in North America into April as the coronavirus pandemic continues, people briefed on the matter said Tuesday.

The automakers had said on March 18 they would halt production until at least March 30.

Ford Motor Co (F.N) said in a statement Tuesday it was “not planning to restart our plants in the U.S., Canada and Mexico on Monday, March 30 as originally hoped.”

Two people briefed on the matter said Ford does not plan to restart production until at least April 6 but warned it could be further delayed into April.

General Motors Co (GM.N) and Fiat Chrysler Automobiles NV (FCHA.MI) also do not plan to resume production on March 30, three people briefed on the matter said. It was unclear when they may resume production or if some plants could restart before others.

Source: Reuters

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