Car companies have plenty of inventory, but the port strike will affect European brands the most

According to Cox, BMW has 88 days, Mercedes has 100 days, and Volvo has a 142-day supply.

As for VW, the Volkswagen brand has a healthy 66-day supply, while its Audi luxury division has an 86-day supply.

The Port of Baltimore led the nation last year, handling more than 847,000 cars and light trucks. BMW, Mercedes-Benz, Volvo, and Volkswagen all operate vehicle processing and distribution facilities at the port.

Although West Coast ports, which aren’t affected by the strike, handle the bulk of traffic coming from Asia, automakers like Toyota and Hyundai also use East Coast ports.

Toyota, which brings vehicles for its southern dealerships ashore in Jacksonville, does have the benefit of a hearty inventory to rely upon. Both the main Toyota brand and its Lexus luxury division have less than half of the national average, with 35 and 30 days’ worth of inventory, respectively.

A Toyota spokesperson told Business Insider in a statement that the company is “monitoring the situation closely and developing countermeasures to minimize any impact” on its customers and dealers.

Other key ports include Savannah and Brunswick in Georgia, which combined processed 830,000 vehicles last year from brands like Mercedes-Benz, Hyundai, and Kia. At the same time, the Port of Jacksonville handled just over half a million vehicles from Toyota and Volkswagen in 2023.

More than 45,000 dock workers represented by the International Longshoremen’s Association (ILA) walked off the job on Tuesday after failing to come to terms on a new work agreement with a consortium of maritime employers called the United States Maritime Alliance (USMX).

The ILA’s demands include a 77% increase in pay over the lifetime of the six-year agreement and limits on automation at the ports, the AP reported.

The USMX has counted by offering to increase wages by nearly 50% and retain the current policy on automation.