Automakers are in much better shape to withstand a recession if the coronavirus pandemic tanks the US economy (GM, F, FCAU, TSLA, RACE)

Automakers are in much better shape to withstand a recession if the coronavirus pandemic tanks the US economy (GM, F, FCAU, TSLA, RACE)

Business Insider

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· The COVID-19 coronavirus outbreak has sent much of the US into shutdown mode, but the Big Three Detroit automakers are keeping their factories running.
· General Motors, Ford, and FCA have each amassed huge war chests, following the financial crisis and bailouts and bankruptcies of GM and Chrysler.
· On Sunday, the Big...

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