How Hurricane Harvey Impacts U.S. Auto Sales

The video discusses the impact of Hurricane Harvey on car sales, noting a loss of 20,000 vehicles sold in the affected month. Despite this, there is potential for future sales growth as people replace damaged vehicles and contractors purchase new ones for rebuilding efforts. The video also compares this situation to Hurricane Katrina, where car sales increased significantly post-disaster due to similar reasons.

What was the estimated number of vehicles sold in the month affected by Hurricane Harvey?

• 2.5 million

• 2 million

• 1.5 million

• 1 million

How might carmakers benefit in the future from the impact of Hurricane Harvey?

• By expanding into new markets

• By selling more vehicles to replace damaged ones

• By reducing production costs

• By increasing vehicle prices

Which area is mentioned as being heavily populated with cars, potentially affecting sales after Hurricane Harvey?

• Chicago

• Los Angeles

• New York

• Houston

What was the percentage increase in car sales after Hurricane Katrina?

• 35%

• 55%

• 45%

• 25%

Why did pickup truck sales increase after Hurricane Katrina?

• As a result of new government policies

• Because of increased demand for construction work

• Because of a decrease in car prices

• Due to a rise in fuel prices