Dive summary:
- It has been estimated that up to 250,000 vehicles have been damaged beyond repair by Superstorm Sandy and now must be sent to be scrapped.
- So far, 16,000 brand new cars have been reported as damaged beyond repair, General Motors and Ford Motors still haven't announced their loses.
- Hurricane Katrina reportedly caused 325,000 cars to be scrapped in 2005.
From the article:
Up to 250,000 new and used vehicles may have been damaged to the point that they need to head to the scrap yard because of Hurricane Sandy, the New York Daily News reported.
The storm, which flooded areas of New York and New Jersey, swallowed at least 16,000 brand new cars, with General Motors Co. and Ford Motor Co. still yet to announce their loses stemming from the storm, the newspaper reported. ...
