Impact of U.S. Port Workers' Strike on European Automakers
Stellantis(STLA) Gurufocus·2024-10-02 22:51
Analysts have indicated that European automakers are likely to be the most affected by the port workers' strike along the U.S. East Coast and Gulf of Mexico. These automakers heavily rely on these ports, and a prolonged strike could disrupt the entire industry. Recently, U.S. port workers initiated a large-scale strike, the first in nearly 50 years, leading to disruptions in about half of the U.S. international sea trade. The Auto Innovators Alliance is urging the White House to mediate a solution. The orga ...