The global auto industry is closely watching what’s going on in Ukraine, and there is considerable concern about what could happen if this conflict lasts for a long time or spreads.

Many people might not know they use the “just-in-time” production method these days, which means they have to stop building when the parts run out. That method is what’s happening, and the Anderson Economic Group is estimating $51 million in lost wages so far this week because of the blockade.