Head of Nissan parts supplier Yorozu says lack of demand is a bigger challenge than supply chain disruption

Financial Times report that supply chain disruptions and parts shortages are an issue, the bigger challenge is the lack of consumer demand

kihiko Shido, chief executive of Yorozu, which supplies suspension systems to the world's biggest carmakers including Toyota, Honda, Daimler, General Motors and Volkswagen:

• "Originally we couldn't produce because of supply chain issues, but we [resolved] that through back-up plans
• Now consumer sentiment is depressed, and that's actually causing production to be reduced in places like Japan"

FT link may be gated

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A gnarly issue that is also highlighted in the oil market. It won't be resolved until social distancing polices are eased back and folks venture back towards their previous lives. Which could take some time indeed.