The industry has returned to a certain level of normality since the turmoil of the pandemic and supply-chain disruptions. But challenges still exist.
With inventory still at historical lows, production gains should continue through the end of the year. How strong production is will depend on demand, which is facing headwinds such as a lack of lower-price vehicles, high interest rates and a naggingly heavy mix industrywide of aging products.
Haig Stoddard will review the second half 2024 outlook in North America, discussing indicators to watch in gauging the rest of the year as it unfolds. |