US production will improve in the second quarter but market recovery will take time, a senior General Motors executive has said.
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“Specifically talking about the US production, which has been at a very low level in the first quarter, [it] will come back up to some degree,” GM’s global sales chief Jonathan Browning told reporters in India.
“Don’t interpret that as a recovery underlying demand. Just a question of balancing inventory and going through a period of very lean production … it’s not a market recovery,” he was quoted as saying by Reuters.
