Auto industry braces for ‘weeks of disruption’ after bridge collapse

  • 📰 politico
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 59%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Ford and General Motors said they would need to divert shipments to other ports during the closure.

The auto industry is bracing for supply chain disruptions as a result of the bridge collapse in Baltimore on Tuesday that shut down the busiest port for automobile shipments in the United States.. Experts and industry officials said the impacts on the auto sector could be significant, leading to shipping delays and constrained availability — though not on the scale of those seen during the pandemic.

“Around 850,000 vehicles go through that port every single year, and we’re going to get it up and running again as soon as possible,” Biden said.The Port of Baltimore handled 847,158 cars and light trucks last year, making it the nation’s largest port for automobiles for the 13th year in a row, according to thethat the automaker would need to divert shipments to other ports “along the East Coast or elsewhere in the country.

“At this time, we do not anticipate a significant disruption, but we are evaluating the situation closely to determine the longer term impact and countermeasures,” Hellwig said. Volvo Group spokesperson Claes Eliasson said Baltimore is not a primary port for its commercial vehicle business, but it does have supply chain partners who operate there.

Golara noted that the automotive supply chain is more resilient than it was before the pandemic, and dealers have more inventory available, especially for electric vehicles. “Electric cars are in still better position than the average car,” he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 381. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why Ford’s Tesla Charging Adapter is Good for Tesla, Ford and the EV IndustryClean Tech News & Views: EVs, Solar Energy, Batteries
Source: cleantechnica - 🏆 565. / 51 Read more »

Chinese Auto Executive: ‘Bloodbath’ Coming for American Auto IndustrySource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »