Volkswagen, Kia, Hyundai and Renault all affected by the catastrophic explosion.
Following the catastrophic explosion at a power plant in Tianjin, China, which has taken the lives of over 100 civilians and put a further 700 in hospital, it has emerged that the explosion has also destroyed thousands of brand new cars. All the cars destroyed are customer orders which were due for delivery. It has been claimed that the explosion was caused by a warehouse handling toxic chemicals without licence. Military investigations have suggested that there were several hundred tons of cyanide material on site.
Major Car Manufacturers affected
Some of the biggest car manufacturers have been affected including Renault, Volkswagen, Mitsubishi, Honda, and Toyota. Reports suggest that the total of vehicles lost is over six thousand plus more have unrepairable damages. Images of the damage show the result of the intense heat, vehicles have been reduced to charred and unrecognisable metal shells all stripped of windows tyres and paint. It has been reported that over 2,750 Volkswagens, 4,000 Hyundai/ Kias and 1,500 Renaults were destroyed in the explosion. Most of these vehicles will be priced between £10,000 and £20,000 pounds so the real cost of the damage will likely fall between £82.5 - £165 million.
There is no indication of what caused the massive explosion that decimated the brand new vehicles. However, the Tianjin government have suspended further firefighting to allow a team of chemical experts to survey hazardous materials at the site. The loss of property pales into insignificance compared to the human loss as over fifty people are presumed dead and hundreds have been injured, many critically.