North Texas Hailstorm Squeezes Car Rental Supply

In a North Texas hailstorm last week, NBCDFW.com reported that drivers in the area are “scrambling” to find available replacement vehicles from car rental companies.

Enterprise reported that it is bringing in 2,500 cars into the area to help with new demand, which is still high after a tornado outbreak in North Texas in April. According to the article, early vehicle damage estimates were at about $400 million for this most recent storm. Bloomberg reported yesterday that the hailstorm may run up to $2 billion in home and auto damage claims, which total 20,000 and 50,000 claims, respectively. 

NBCDFW said that most of the car rental locations are sold out, but that some were still available as of Friday morning.

To read the full article from NBCDFW.com, click on the URL: http://www.nbcdfw.com/news/local/Fewer-Rental-Cars-Available-After-Hail-Storm-159171855.html

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

The Promise of Telematics for Small Fleets

Did you know women really are safer drivers than men? Using this and other types of big data to analyze risk is the new frontier for small fleets.

How Phil LeBeau Got it Wrong

The CNBC airline and auto reporter made some questionable assumptions as to the health of the car rental industry.

“Total Loss” Category Causing Unneeded Losses for Fleets

On Carfax and AutoCheck’s vehicle history reports, the category “Total Loss” is often used for vehicles that are satisfactorily repaired. Is that fair?

Job Finder: Access Top Talent. Fill Key Positions.