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0.00139178844815585 -0.000695894224077925 -0.000695894224077925 -0.00139178844815585 0.00541405706332636 -0.00347947112038975 0.00154488517745301 -0.000695894224077925
Stock impact report

Toyota, Hyundai and Chinese automakers expected to be most impacted by Iran war [MSNBC.com]

Stellantis N.V. Common Shares (STLA) 
Company Research Source: MSNBC.com
Key PointsIn this articleToyota Motor Corp. vehicles bound for shipment at the Port of Nagoya in Tokai, Aichi Prefecture, Japan, on Tuesday, April 29, 2025.Toru Hanai | Bloomberg | Getty ImagesDETROIT —Those international automakers account for roughly a third of sales in the Middle East, according to the report, led by Toyota at 17%,Other Chinese carmakers also are expected to be impacted, as the Middle East has become a growing destination for Chinese auto exports. Bernstein, citing China export data, said the region accounted for about 17% of China's passenger vehicle exports in 2025.The Bernstein report notes that while sales in the region will be impacted, the closing of the"Closure of the Strait of Hormuz adds 10-14 days to transit times," Bernstein analyst Eunice Lee said in a Wednesday investor note, adding "a prolonged conflict and closure of the strait would hurt sales, increase logistics costs, and delay deliveries."watch nowVIDEO4:1404:14Julian Emanuel: Gasoline near $4 a Show less Read more
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