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Natural Disasters

Resale of Flood-Damaged Vehicles on the Rise

Several thousand vehicles that were flooded and damaged during tropical storm Barry may reappear for sale across the country in the coming months, warns the National Insurance Crime Bureau.

Flood-Damaged Cars on the Road Rise 47%

After hurricanes Florence and Michael tore through the Carolinas, Florida, and Georgia, some 478,661 flooded vehicles are back in use on roadways, according to new data from Carfax.

Auctions Return to Business Following Florence

Used-vehicle auctions have started resuming regular business hours following the effects of Hurricane Florence, which had less of an impact on the U.S vehicle market than Hurricanes Harvey and Irma in 2017.

Vehicle Loss From Florence Expected to Reach 20,000

After the heavy rains brought by Florence to the Carolinas stopped, estimates about the number of vehicles that were destroyed by the storm began to roll in that made it clear the storm would have far less of an impact that the pair of storms that reached Texas and Florida a year ago.

Hurricane Harvey Could Create 1M Salvage Vehicles

While market watchers agree that Hurricane Harvey's impact stretches beyond Houston-area automotive business, estimates on exactly how many vehicles will need to be replaced vary between half a million and million vehicles, including as many as 18,500 fleet vehicles.

Quakes Halt Toyota, Hino Production

Toyota will shut down most of its production of Toyota, Lexus, and Hino vehicles over the coming week, after a pair of deadly earthquakes rocked Japan and caused parts shortages for the automaker.

Nepal Dealers See Demand Spike After Quake

Nepal’s demand for light and heavy commercial vehicles has skyrocketed due to the immense reconstructive and development efforts following the devastating April 25 earthquake.

Planning for Disaster

Responding to a natural or man-made catastrophe could be the defining moment of a fleet manager’s career. The key to successfully weathering a disaster is having a plan.