Hurricane Sandy destroyed 200,000 cars, NADA says

Article by Christian Andrei, on November 10, 2012

The National Automobile Dealers Association (NADA) said that as many as 200,000 units may have to be replaced in the wake of Hurricane Sandy. Included in this figure are automaker losses as well as the combined tally of individually owned vehicles. Nissan believes that its brands lost a combined 6,000 vehicles. This is far lower than the units lost in Hurricane Katrina but it’s devastating nevertheless.

NADA senior analyst Larry Dixon told Automotive News that the total vehicles affected could be around one-third of what it had with Hurricane Katrina. This was composed of around 600,000 used and new vehicles. He added that replacement demand isn’t expected to accelerate until December. Sandy also devastated Toyota and Lexus. These brands have revealed that at least 3,000 cars will be scrapped and another 1,300 that are being looked into.

The damage estimates of Ford and GM haven’t been announced yet. Honda and Acura said that a combined total of 3,440 cars were lost. Exotic car manufacturer Fisker lost 320 vehicles, which were about to shipped in a New Jersey port when they were destroyed in the storm. Of this figure,18 caught fire.

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Volkswagen Group’s dieselgate saga continues, but it appears the German company would be able to get out of trouble, but it would not be unscathed. This development comes as Volkswagen...
by - January 22, 2017
When a car has been in the market for nearly six years, it loses some of its luster and its customers tend to go for the all-new model with a...
by - January 22, 2017
Remember Zenos Cars, a British carmaker that specializes in designing and building lightweight and high-performance sports cars? If you are wondering how the company is faring with their E10 lightweight...
by - January 21, 2017
Mercedes-Benz has revealed that in 2017, its series 124 coupé will be celebrating its 30th anniversary. While this itself is a significant event, it will also mean that this model...
by - January 21, 2017
BMW’s 550i xDrive has long been considered as one of the most successful business sedans in the world. For the brand, this may not be enough as it has officially...
by - January 20, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries