The probability of an outright contraction keeps getting higher and higher with each successive release.
Ford projecting a *30%* decrease in commercial chassis orders:
What this means:
If you're ordering fewer chassis, you're likely producing fewer vehicles.
But 30% is a big number.
Image below is a layoff notice (WARN) filed by one of Ford's vendors, Detroit Chassis (via… pic.twitter.com/zPnpTIQSw0
— Car Dealership Guy (@GuyDealership) January 30, 2024
h/t rhollenb
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