Toyota, Chrysler, Nissan and Honda plan to scrap about 15,000 vehicles damaged by Hurricane Sandy in the United States.
Nissan alone estimates more than 6,000 of its cars and light trucks have become “un-saleable” because of the storm, according to company spokesman Travis Parman.
If used autos and those of individual owners are also taken into accound, as many as 200,000 vehicles may have to be replaced in the United States, according to the National Automobile Dealers Association (NADA).
“Total vehicles affected may be about one-third of what we saw with Hurricane Katrina, and that was about 600,000. We don’t see replacement demand starting to accelerate until we’re into December,” Larry Dixon, a NADA senior analyst, was quoted as saying by Bloomberg.
Around 3,000 Toyota and Lexus vehicles are likely to be scrapped after they were damaged by Sandy while waiting to be shipped at the company’s port facility in Newark. Another 825 vehicles in dealer inventory were damaged by Sandy and can’t be sold, a company spokesperson said.
Honda and Acura dealers also expect to have to scrap about 3,440 vehicles, said a spokesman for Honda’s U.S. subsidiary.
Chrysler lost around 750 vehicles because of the storm, while GM and Ford couldn’t provide an estimate for the number of lost vehicles.