New inventory, parts will be most affected if a work stoppage occurs
The looming work stoppage by dockworkers at ports throughout the East and Gulf coasts could severely disrupt car dealerships around the country.
An extended port strike would delay the arrival of new car inventory, which would drive up costs for potential buyers. Not only would it be harder and more expensive to buy a car, but the lack of essential parts and materials would hinder maintenance repairs on existing vehicles as well.
The International Longshoremen’s Association is negotiating on behalf of 45,000 dockworkers at three dozen U.S. ports from Maine to Texas that collectively handle about half of the country’s seaborne imports. It warned its members are prepared to strike if they do not have a new contract by the Oct. 1 deadline.
“if a person has a repair or a recall or something that they’re aware of now, I would make the appointment and get down there today if possible.”