No relief appears in sight when it comes to the current anemic production pace in North America, with auto makers expected to continue to build at little more than half capacity this month and next. A Ward’s forecast calls for output to run at about 51% of available capacity in May and just 53% in June. The industry achieved utilization rates of 79.4% in May 2008 and nearly 86% last June. The outlook comes on the heels of a disappointing April performance, where North American vehicle ...
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