Message Font: Serif | Sans-Serif
No. of Recommendations: 1
About 15MM new cars are produced in the US in a typical year. (The low in the recession was 9MM; record high is 18MM).

From an investors point of view, that 230k cars is abt 1.5% of US production. It is not significant to new car production.

However, it could produce a shortage of used cars and drive up prices--especially in that region.

The burden on the insurance industry could be the most important aspect.
Print the post  


Beware Flood-Damaged Cars
Know what you are getting, don't get stuck with a Katrina victim. Check these links before you buy.
Disclaimer - Please Read
A message about professional advice.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.