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In February and March, I wrote two articles on SA about turbocharger maker Garrett Motion (GTX), in which I said the impact from the COVID-19 outbreak would be limited and that the future of the company looked bright.
Well, those articles haven't exactly aged well. With lockdowns around the world, the global auto industry has been brought down to its knees and Garrett is no exception. The company has withdrawn its guidance in the wake of the uncertainty, and weak results in Q2 2020 mean that it won't be able to