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Bracing for Irma, recovering from Harvey: 'Vicious uppercut' for Fla.?, Lost cars could top 130K; VW's mobility platform; Volvo valet venture; Ford owners livid about lug nuts.
Calif. dealerships in line of wildfires; ZF CEO steps down; Nissan exec on spiffs: 'You have to stay in the game'; Audi 'Apollo 45' salute; Budweiser reserves 40 Tesla semis.
Wildfires near Los Angeles have effectively shut down, though not destroyed, many dealerships in the area. It also forced a shutdown of one of the busiest freeways in the nation, the 405.
AutoNation's net income and revenue fell in the third quarter due to the impact of Hurricanes Irma and Harvey, but the company continued to build its used-car and collision businesses.
Used-vehicle buyers replacing rides lost in Hurricanes Harvey and Irma are boosting prices and trimming supplies, but the end of the storm surge is in sight.
Asbury's third-quarter net income and revenue each dipped about 5 percent, largely due to the impact of hurricanes in the Southern U.S.
Sonic Automotive reported a third-quarter gain on strong gains from finance and insurance, despite storm-related costs.
Toyota said it was operating second shifts as normal at its Japanese plants, after suspending first shifts as a typhoon precaution. Four people were reported killed in the wake of Typhoon Lan.
The din of repair work is the background music for Houston area dealerships — and their service departments — that were hit hardest by Hurricane Harvey.
Hurricane Irma did not spare some new-vehicle dealerships — including their service departments — when it assailed Florida last month.
Two suburban Houston dealerships, Gay Buick-GMC and Gay Family Kia, were hit hard by Hurricane Harvey. But the dealerships' hurricane plan helped limit the damage and hasten their recovery.
Sonic Automotive lowered its estimated third-quarter results because of devastating storm damage, but kept its full-year forecast unchanged.
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