March’s Surge Lifts Q1-2023 North America Production to 11.2% Year-over-Year Increase

March’s Surge Lifts Q1-2023 North America Production to 11.2% Year-over-Year Increase

Production in Q2 is tracking toward a 10.2% year-over-year increase. If March’s unexpected surge is a firm sign that supply disruptions have improved to a new level, there is more upside to Q2 output.