Automotive retailer AutoNation Inc. (AN) was forced to shut down 18 dealerships in the Houston area due to the heavy winds, rain and power outages that were caused by tropical storm Harvey.

"This is bad; real bad. Right now, we are focused on making sure all of our employees are safe and taken care of. At the same time, we're focusing on getting all of our stores up and running," AutoNation Executive VP Marc Cannon told CNBC. 

AutoNation shares were down 1.98% to $42.06 Monday. 

AutoNation wasn't the only dealership to suspend operations over the weekend as hundreds of others also followed suit due to the storm. 

More of What's Trending on TheStreet:

More from Stocks

What You Need to Know About Facebook and Europe's New Privacy Rules

What You Need to Know About Facebook and Europe's New Privacy Rules

8 Bold Moves General Motors Could Make to Rev Up Its Battered Stock Price

8 Bold Moves General Motors Could Make to Rev Up Its Battered Stock Price

Is Your Investment Portfolio Prepared for Trade Wars, Inflation and More Trump?

Is Your Investment Portfolio Prepared for Trade Wars, Inflation and More Trump?

GE Is Too Opaque, Too Diversified and Too Poorly Managed: Doug Kass Insider

GE Is Too Opaque, Too Diversified and Too Poorly Managed: Doug Kass Insider

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric