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Thesis: automakers were already making more cars far above and beyond demand before 2020, they used the pandemic to cut their part orders and now have repercuss
by downrightmike 6y ago
Thesis: automakers were already making more cars far above and beyond demand before 2020, they used the pandemic to cut their part orders and now have repercussions from that, but in reality, that is what they want. They need a lack of supply and for current stock to be used up before they will be profitable.
- xadhominemx 6y agoAbsolutely not. Automotive factories are only profitable when run at high utilization. If ICs are short, then factories cannot run at high utilization.