CARFAX: Up to 48,000 Vehicles Damaged by Mid-Year Flooding
CARFAX, a unit of Mobility Global (NYSE: MBGL), estimates up to 48,000 U.S. vehicles sustained flood damage from storms earlier this year, adding to more than half a million water-damaged vehicles already on U.S. roads. The release warns used-car shoppers that flood-damaged vehicles can resurface for sale far from where flooding occurred, following Hurricane Isaias, the first Atlantic hurricane of 2026.
Key figures
- Water damaged vehicles on road
- more than half a million
- Estimated flood damaged vehicles
- 48000
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