automakers in less densely populated areas of the country are able to store cars and trucks on their own lots. But in the New York-New Jersey area, space is at a premium, so a high number of vehicles are stored at the port rather than being shipped to dealerships, Schienberg said.
GM lost an undisclosed number of new Chevrolet Spark subcompact sedans that were at the port that had been shipped from South Korea, the company said.
The losses could have been higher, said Jim Cain, a spokesman for GM, who said many dealers moved cars and trucks away from coastal areas ahead of the Sandy's arrival. Jim Appleton, president of the New Jersey Coalition of Automotive Retailers, said auto dealers moved to higher ground when they could, having learned their lessons from Hurricane Irene which struck the state in 2011.