Hurricane Harvey Could Delay Up to 40,000 New Vehicle Sales in Texas
Car dealerships won't see the sun until Harvey passes.

The Texas auto market is expected to lose between 20,000 and 40,000 new vehicle sales in August due to the impact of Hurricane Harvey, Cox Automotive said in a statement Wednesday. 

However, September is also expected to receive a boost in sales from delayed purchases. 

The Houston area has a vehicle ownership rate of 94.4%, which is higher than the average U.S. rate of 91%. Houston's vehicle ownership rate is second only to Dallas, which has an ownership rate of 94.9%. 

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