During the investor call, they said that every new program had been pushed out by a year by the OEM. The semi-conductor shortage means that Ford have temporarily closed Flat Rock (Mustang factory) and ditto GM with the Corvette factory. COVID continues to mess with supply in unimaginable ways.
These things are out of CBR's control and their prospects remain very strong.
I was initially unhappy to hear about the cap raise, but after learning about the reason - I remain very much a happy investor. The volume will come, we just have to wait another 6-12 months.
