Connect with us


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

Recent Posts

Travel1 month ago

Best Places To Visit In The North Of England

If you live in England, you will know there are many different places to visit for the weekend. There are...

General1 month ago

Green Home Improvement Ideas

In a world where environmental concerns are growing, the concept of “green” has gone beyond a trendy catchphrase and is...

Lifestyle2 months ago

How to Host an Unforgettable House-Warming!

The time has finally come. You have moved into your dream pad, and are officially adulting in your very own...

Autos2 months ago

A Guide to Parking Lot Striping

The journey to a well-striped parking lot begins with the right paint. In this brief guide, we’ll unravel the mystery...

Business4 months ago

Business Tips For Protecting Your Finances During A Recession

In 2023, taking the necessary steps to protect your finances for your business is now more important than ever. The...

Lifestyle5 months ago

Tips For Cleaning Your Trainers

If you’re into your trainers and streetwear, you’re likely to be very conscious of keeping them looking their best! So,...

Marketing6 months ago

Branding Trends For Start-Ups in 2023

Branding is incredibly important as it impacts how your business reaches and connects with its target market. If you’re branding...

Business6 months ago

Avoiding the Wrong Kind of Growth

Growth is vital for any business – some models, like tech start-ups, are built around periods of dramatic, explosive growth...

Business6 months ago

How To Become A Property Developer

There are several reasons why an individual will want to become a property developer. One of the main reasons for...

Tech8 months ago

What Is The Difference Between Cyber Attacks and Cyber Threats?

If you own a business that uses the cloud to manage workloads, you have probably heard of the terms cyberattack...

Marketing8 months ago

3 Types of Marketing Every Small Construction Business Should Do

Construction is a very saturated sector, whether you’re a large or small construction company, so marketing should be at the...

Business9 months ago

How Relevant Life Insurance Plans Can Future-Proof Your Business

Last year, UK inflation reached the highest level that it had been for decades. The markets became unsteady and nervous...

Autos9 months ago

In a Car Accident? Here’s How to Find a Great Lawyer

If you’ve recently been in a car accident, you know that it can be an overwhelming experience. Not only do...

Education9 months ago

Considering Therapy? Here’s a Few Common Therapy Techniques Explained

If you’re considering therapy as a means to improve your mental health, you may be curious about the type of...

home repairs home repairs
Home Improvement9 months ago

Top 5 Home Repairs You Should Never DIY

DIY home repairs are all the rage these days. But before you jump on the bandwagon, there are some things...