AutoNation (NYSE: AN) said it closed 38 sites in Florida as Hurricane Milton damaged several of the auto retailer’s locations in the region.
Early assessments showed many of the locations sustained wind or water damage, CEO Mike Manley said in a statement.
AutoNation said it had closed many sites in impacted regions before the storm hit, and added it hopes to reopen them as soon as power is restored and repairs made over the next 24 to 48 hours.
Gasoline was sold out at many fuel stations in Florida and the storm also knocked out power to 3.4 million homes and businesses.
(Source: ReutersReuters)
