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Mideast Conflict Sends Shockwaves Through Global Auto Industry
VW Group CEO warns the Middle East war is unsettling customers and adding to a growing list of geopolitical shocks buffeting automakers worldwide.
Key Takeaways
- Gulf markets disproportionately important for luxury brand profitability despite small volume share
- Strait of Hormuz shipping disruption threatens European automaker supply chains
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DT Editorial AI··4 min read·via autonews.com