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SVTPerformance's Chain of Restaurants
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Interesting Car/Truck Manufacturer News
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<blockquote data-quote="Weather Man" data-source="post: 16767381" data-attributes="member: 137766"><p>I would think this spells some inbound turbulence for domestic producers too. </p><p></p><p>“The COVID-19 resurgence in the Yangtze Delta region continues to cause severe industry-wide disruptions in supply chain, logistics and production since late March,” Li Auto (<a href="https://seekingalpha.com/symbol/LI" target="_blank">LI</a>) president Yanan Shen commented. “Our Changzhou manufacturing base is located in the center of the Yangtze Delta region, which is home to over 80% of our parts suppliers, especially in Shanghai and Kunshan.”</p><p></p><p>The forecast of the entire industry being hit by the shutdown of the country’s largest metropoles is indeed reflected in its peers’ results. Nio (<a href="https://seekingalpha.com/symbol/NIO" target="_blank">NIO</a>) reported its supply chain has been “volatile” since late March and is still recovering from the shutdown in production.</p></blockquote><p></p>
[QUOTE="Weather Man, post: 16767381, member: 137766"] I would think this spells some inbound turbulence for domestic producers too. “The COVID-19 resurgence in the Yangtze Delta region continues to cause severe industry-wide disruptions in supply chain, logistics and production since late March,” Li Auto ([URL='https://seekingalpha.com/symbol/LI']LI[/URL]) president Yanan Shen commented. “Our Changzhou manufacturing base is located in the center of the Yangtze Delta region, which is home to over 80% of our parts suppliers, especially in Shanghai and Kunshan.” The forecast of the entire industry being hit by the shutdown of the country’s largest metropoles is indeed reflected in its peers’ results. Nio ([URL='https://seekingalpha.com/symbol/NIO']NIO[/URL]) reported its supply chain has been “volatile” since late March and is still recovering from the shutdown in production. [/QUOTE]
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