Cox Automotive Inc.
4 min read
Hurricane Dorian: Early Look at Potential Impact on Vehicles 08/30/2019 UPDATE (09/03/19): After reaching Category 5 strength over the weekend and severely impacting parts of the Bahamas, forecasts now predict Hurricane Dorian will steer in a more northern direction and not directly hit Florida. By staying off-shore and following the coastline, Hurricane Dorian is not expected to impact the auto industry when it comes to damages in Florida, but because of the uncertainty throughout the weekend on… Read Article
Hurricane Market Insights Smoke on Cars
3 min read
Hurricane Michael 10/10/2018 Hurricane Michael is hitting the Florida Panhandle today as a strong Category 4 hurricane. Reports from the National Hurricane Center indicate maximum sustained winds of 145 mph—a major weather event. Looking at the area to be most affected by the storm, Jonathan Smoke and the Cox Automotive Industry Insights team are estimating that vehicle loss rates will be lower—perhaps half—the numbers lost in Hurricane Florence last… Read Article
Hurricane Market Insights Commentary & Voices
4 min read
Hurricane Florence: Updates on storm’s potential impact on vehicles 09/18/2018 SEPTEMBER 15 UPDATE: The media coverage of the rain and flooding in the Carolinas has been nothing short of heartbreaking, with many lives impacted, many homes and buildings destroyed. We’re hopeful for a quick recovery in the area, with minimal setbacks from the additional post-rain flooding forecast for this week. Fortunately, this area of the Carolinas is less densely populated than areas struck by Hurricanes Harvey… Read Article
Hurricane Market Insights Smoke on Cars Commentary & Voices
6 min read
Hurricane Harvey: The worst disaster for automobiles ever 09/06/2017 This article was originally published in The Hill on Sept. 6, 2017: https://thehill.com/blogs/pundits-blog/energy-environment/349487-hurricane-harvey-the-worst-disaster-for-automobiles Once damages are finally tallied, Hurricane Harvey will likely prove to be among the worst, most-costly natural disasters to hit our United States. In addition to the heartbreaking loss of life, damages have been estimated by Moody’s Analytics to be in the range of $77 to $97 billion. That’s bigger than Sandy and… Read Article
Hurricane Market Insights Smoke on Cars