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Jumat, 02 November 2012

Sandy Hits East Coast Car Sales, Lowers October’s SAAR By Nearly a Million Units


Not that there’s ever a “good” timing for a natural disaster, but for East Coast new car dealers, especially those in New York, New Jersey and Pennsylvania, traditionally very big markets for light vehicles, hurricane Sandy had a devastating effect as far as sales are concerned.

That’s because, apart from any damages dealers suffered, they also had to shut down their showrooms at the end of October, when their daily sales are at their peak.

Moreover, deliveries scheduled for early November are likely to be affected, though dealers are expected to make at least part of that up by buyers seeking replacements for their totaled cars.

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