Hurricane Sandy auto losses News

Sandy-Damaged Vehicle Count at 230,000

The current estimate of vehicles damaged as a result of Sandy hit the 230,000 mark as claims processed by insurance companies have been analyzed. New York has had the most vehicles affected by the storm with 130,000 while New Jersey …

Sandy Could Force 250,000 Cars to Scrap Heap

Superstorm Sandy may consign as many as a quarter of a million new and used cars and trucks to the scrap heap, a loss that could eventually lead to a spike in new auto sales, automakers and dealers said. So …