Staff Writer - CheersandGears.com
November 7, 2012
Hurricane Sandy was the largest storm in the Atlantic in US history, and the economic damage is beginning to come into view. Automotive News is reporting that around 15,000 new vehicles will be scrapped due to storm damage.
About 40% of those are Nissan and Infiniti vehicles that were determined to be unfit for sale. Toyota is next with the possibility of having to scrap close to 4,000 vehicles. Other automakers that have announced they would have to scrap vehicles include,
- Honda/Acura: 3,440 vehicles
- Chrysler: 825 vehicles
- Hyundai: 400 vehicles
- Fisker: 320 vehicles
- Kia: 200 vehicles
General Motors and Ford haven't come out with estimates at the moment and no one is saying how much replacing the wrecked vehicles will cost.
Those numbers pale in comparison with estimate put out by the National Automobile Dealers Association which say that 200,000 vehicles could be replaced.
Source: Automotive News (Subscription Required)
William Maley is a staff writer for Cheers & Gears. He can be reached at firstname.lastname@example.org or you can follow him on twitter at @realmudmonster.