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Mideast Conflict Sends Shockwaves Through Global Auto Industry
Key Takeaways
- Gulf markets disproportionately important for luxury brand profitability despite small volume share
- Strait of Hormuz shipping disruption threatens European automaker supply chains
- Comes atop tariffs, China price war, and costly EV transition already pressuring industry
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DT Editorial Team··4 min read·via autonews.com