Connect with us

Autos

Dealerships Assess Damage after ‘Sandy’ Storm

The otherwise confident automotive dealers are uncertain of the future inventory, in the wake of the recent events taking place. The dealers are mainly worried about their supply of inventory and the way this would impact their sales.
The first of the issues that might have effect on the supply of inventory is the biggest and the latest; The ‘Sandy’ Storm. Sandy has hit the East Coast hard and there has been massive damage. The states that lie in the storm’s path are home to more than 4700 dealerships that sell new cars. The car companies claim that a large part of the sales come from the cities that have been hit and damaged by Sandy. The dealers are still assessing the damages caused by the storm and there remain several unanswered questions.
The second of the issues that have made the automotive dealers worrying is the Presidential election in America. Dealers are holding up their inventory orders until after the election results are out as they do not want to take risks with any change of policies with the change in the Presidential position. Even the manufacturers are keeping their fingers crossed in the wake of the coming elections. The manufacturers are uncertain on how the demand after the elections would be in case there is a change in the leadership at the highest level.

The last of the issues that have caused the automotive dealers to worry is that of the economic struggle that is taking place in China and Europe. The slowdown in China and Europe would cause the automotive manufacturers in the U.S. to push increased inventories to their U.S. dealers which could be a curse or a blessing, depending upon how they see it. However, with the storm causing great damage to the East Coast dealers, the reaction and demand of these dealers is yet to be seen.
The U.S. dealers hit by the storm have certain vital questions of which there are no answers presently. First of these is how many vehicles would they need to replace the damaged vehicles? The second is who would be responsible for the damages to the inventory already paid for? And finally, what will the automotive market be now as the residents of the storm-hit areas would be highly devastated after the storm; will there be a demand for vehicles or would they first think of rebuilding their homes?
Only time will provide answers to the above questions. Nevertheless, America’s woes are adding to the problems of the automotive manufacturers as October is a sluggish month as regards sale of automotive products.
I am Susan Hannan from Exams Key; it gives 100% NS0-502 test exams. Let’s take benefit of ISEB-PM1 test Exams material efficiently and get guaranteed success. Check out free demo of all certifications Exam.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.

Recent Posts

Business2 days ago

Why Is Quantity Surveying Essential in Construction Industry

Quantity surveying is an essential part of the Australian construction industry. It is the process of calculating and estimating the...

Home Improvement4 days ago

How to Maintain Upholstered Furniture

No matter if you have pets or kids, maintaining your upholstered furniture is quite a challenge. Even though vacuuming it...

Business1 week ago

How Do I Find a Good Bubble.io Developer?

Finding a good bubble developer to help build your app or digital product can seem challenging. How can you choose...

Home Improvement1 week ago

When is a right time for home repairs?

Summer is a popular time for a renovation around the globe. While it is true that bright days and warm...

Top Alteryx Competitors Top Alteryx Competitors
Tech3 weeks ago

Top 15 Alteryx Competitors

The world has seen a tremendous rise in startups and new incorporations in the business world. Companies have great potential...

Lifestyle1 month ago

Latest Wedding Trends for 2023

If you’re planning on getting married this year, chances are you’re probably overwhelmed and confused when it comes to wedding...

Lifestyle1 month ago

Tips To Make The Most Of Your City Break In London!

London is one of the best cities in the world, known for its quintessentially British culture, great nightlife, fantastic museums...

General1 month ago

The Ultimate Guide To Packing For A Trip To London

London is one of the best cities in the world, known for it’s rich history, quintessentially British culture, the best...

Tech2 months ago

Top 15 Web Development IDEs

The web development field has seen sustainable growth throughout the years. As technology is advancing, so is the web development...

devops devops
Tech2 months ago

12 Key DevOps Programming Languages to Still Popular in 2022

“DevOps is not a goal, but a never-ending process of continual improvement.” – Jez Humble Delivering the finest of services...

Entertainment2 months ago

Festival Fashion Style Tips For 2022

Summer is well and truly here and with that comes the festival season! From the biggest stars performing on stage...

Green & Energy2 months ago

4 Tips For Making Your Wardrobe More Sustainable

Everyone is trying to make more of an effort to make their wardrobe more sustainable, but often are unsure where...

General3 months ago

7 tips on how to organize a budget-friendly move

If you are planning a move any time soon, you might be worried about all the expenses that wait for...

Metal Roof Colors Metal Roof Colors
Home Improvement3 months ago

Metal Roof Colors: How to Select the Best Color for a New Roof

Choosing the right type of material for your roof is enough of a hassle already that the question of choosing...

Health3 months ago

Simple Ways To Feel More Confident At The Gym

If you are new to the gym, or you haven’t been in a while, sometimes you might not feel completely...

Categories

Archives

Trending