Preparations for Hurricane Irma had been made long before the hurricane made landfall in Florida.
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Manheim has closed its Puerto Rico facility and will close four of its Florida auctions on Friday ahead of Hurricane Irma's expected landfall in Florida over the weekend, according to the company.
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Houston's auto auctions have begun assessing the impact of Hurricane Harvey so they can resume full business activity to supply replacement vehicles for those who lost cars, trucks, and SUVs in the flood.
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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.
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Heavy flooding from what is now Tropical Storm Harvey has disrupted commercial fleets in the Houston area, as corporations and fleet management companies have begun reaching out to their employees and fleet drivers to ensure their safety and assess damage to fleet vehicles.
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Copart Inc. has activated reserve land in Georgia and Virginia, in addition to the expansion of existing locations in North Carolina, South Carolina, and Florida. The land expansions and activations are connected to Hurricane Matthew, allowing Copart’s Catastrophe Response Team to provide even greater service in response to weather-related damage.
Read More →Whenever there is flooding, as there was recently when Hurricane Sandy hit the East Coast, car buyers must be aware that some dealers try to hide the fact that the vehicles they're selling have been damaged by water.
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