European automakers could face severe impacts due to a strike by dockworkers at key U.S. ports, which halted about 50% of the nation’s ocean shipping.
The situation is critical for European automakers, as they significantly depend on U.S. East Coast and Gulf Coast ports, risking debilitating effects on their supply chains.
Negotiations between dockworkers and employers over a new six-year contract underscore the tension in the industry, affecting automakers' ability to maintain vehicle inventories and deliveries.
Major automakers have urged the White House for intervention as the strike could disrupt operations significantly, with companies like Hyundai Glovis preparing alternate plans.
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