Wall Street expects U.S. automakers to report strong results for the third quarter, as a recovery in sales after this year’s initial coronavirus lockdowns tightens inventory for an industry watching cases in Europe and the United States rise. Starting with Tesla on Wednesday, investors will be most focussed on what executives have to say about the quarters ahead, as signs grow that the pandemic, which halted work earlier in the year, is again worsening. “It’s going to be pretty strong earnings across the board,” said Deutsche Bank industry analyst Emmanuel Rosner, adding he expected all suppliers and carmakers to beat current forecasts. “Investors want to know what early 2021 is going to look like.” The pace of U.S. car and light truck sales has increased each month since shutdowns were lifted, and plants are working at close to full speed to rebuild inventories for high-profit sport utility vehicles and pickup trucks. In China too, General Motors Co and Ford Motor Co are recovering, registering double-digit sales growth for the quarter. For GM, 12% year-on-year growth in July-September, marked the Detroit automaker’s first quarterly sales improvement in two years in the world’s biggest market. For Ford, the 25% volume growth was its second consecutive quarterly sales increase in China after almost three years of decline. Most analyst also see automakers firming up their cash flow positions and repaying debt. GM indicated in July it would generate enough cash to pay off a $16 billion loan by the end of the year. But only if the U.S. economy continued recovering and there were no further significant production shutdowns. Shares of GM, down 9% so far this year, have recovered since hitting a low of $16.8 in March. Ford shares have fallen about 19% and were as low as $4 in mid-March.