Filed under:
Earnings/Financials,
Plants/Manufacturing,
Fiat,
Fisker,
Ford,
GM
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DETROIT — Tropical Storm Harvey is likely to briefly depress already-slowing U.S. auto sales, but will eventually boost demand as damaged cars are replaced, analysts said on Tuesday.The catastrophic flooding in Houston, the fourth-largest U.S. city, could mean 2 percent fewer vehicles will be sold in August than previously expected, according to Edmunds.com."In subsequent months we'll likely see a slight localized bump in sales as the recovery takes hold and people are able to buy repl
Continue reading Harvey to drive vehicle sales: 500,000 may need to be replaced
Harvey to drive vehicle sales: 500,000 may need to be replaced originally appeared on
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