If you assumed the new car and parts shortages were firmly behind us after 2022, think again. A potential strike by dockworkers along the East and Gulf coasts threatens to disrupt the flow of new vehicles and components, which could once again push prices upward.
Supply chains remain more fragile than many realize, and a major port disruption can ripple through the entire industry. Buyers may want to prepare for tighter inventory and higher costs if the situation escalates.