Houston-Area Auto Auctions Coming Back Online
Houston auto auctions are slowing coming back online after assessing the impact of Hurricane Harvey.
Houston auto auctions are slowing coming back online after assessing the impact of Hurricane Harvey.
A preliminary assessment by Houston-based Group 1 Automotive found that employees were able to protect most of the company’s inventory in its Houston and Beaumont, Texas, stores from the devastating effects of Hurricane Harvey.
Ford, Toyota, Nissan, and other automakers have made cash donations and other contributions to help the victims of Hurricane Harvey in south Texas and other Gulf Coast areas.
Black Book issued its estimate days after Cox Automotive Chief Economist Jonathan Smoke said the number of damaged vehicles could reach half a million. With Harvey coming ashore near the Texas-Louisiana border on Wednesday, forecasts remain fluid.
The NADA Foundation is calling on dealers and dealer association groups to donate online to its emergency relief fund. Dealership employees affected by the flooding can apply for financial assistance.
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