Sandy might send more than 250,000 cars to scrap heap

Newswire

* At least 16,000 new cars destroyed * 100,000-250,000 used cars could be scrapped * Many dealers moved cars to higher ground before storm By Bernie Woodall and Phil Wahba Nov 7 (Reuters) - Superstorm Sandy may consign as many as a quarter of a million new and used cars and trucks to the scrap heap, a loss that could eventually lead to a spike in new auto sales, automakers and dealers said. So far, automakers have ...

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