Car Parts Suppliers Are Suffering Amid Lockdowns

About This Source - Bloomberg Markets and Finance

Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Recent Bloomberg Markets and Finance Items:

  • Protesters Take to Streets of New York After George Floyd Death
  • Wall Street Week – Full Show (05/29/2020)
  • “Coronavirus: Grounded” Special Report
  • Apr.06 — The coronavirus pandemic has shaken the car sector to the core. Population lockdowns have led automakers to close assembly lines and showrooms, and the knock-on effects are being felt by suppliers including France’s Valeo SA. “It is clear that the next few weeks will be difficult in Europe and North and South America,” Valeo Chief Executive Officer Jacques Aschenbroich said in an interview on “Bloomberg Markets: European Open.”

    Leave a Comment