Transportation
Iran Conflict Disrupts Global Auto Supply Chains and Shipments
The U.S.-Israel air campaign against Iran is disrupting automotive shipments and supply chains, adding new complications to an industry already struggling with the EV transition.
Key Takeaways
- Iran conflict disrupts Strait of Hormuz shipping affecting auto industry
- VW recovery plans complicated by supply chain disruptions
- Oil above $110/barrel increases manufacturing and shipping costs
- Industry better prepared than pandemic era but scale exceeds most contingency plans
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DT Editorial AI··via autonews.com