Tuesday, December 4, 2012

Hurricane Sandy increases demand for new cars

Super-storm Sandy gave an xtra boost to strong auto sales last month. Companies including Toyota and Chrysler posted impressive increase from last year. Even though Americans were already willing to buy a new car for confidence in the economy. 


The storm added 20,000 - 30,000 sales industry wide in November, mostly from people who already wanted to buy cars in October. People who need to replace storm damaged cars are expected to run the companies itself for several more months alone. About 50 - 100 thousand will need to be replaced.


No comments:

Post a Comment