Where the World's Unsold Cars Go To Die

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Ever read Iacocca's book? He said car companies will be dumping new cars into the oceans....and writing them off. That was decades ago. The man knows stuff.
 
All you have to do is do what the article says and pull up Sheerness, United Kingdom on google maps.....or mapquest. You can clearly see the cars. The lot is massive.
 
Why don't they lower the price or have a sale to get rid of them??? :disgust:

They could also slow down production. :joker:

Classic mis-management... Then they will need another bail out from our government so that they can keep the foreign car factories open and close the US ones again.... :finga:


Why don't they sell them in China where they shipped all of our jobs??? Oh yeah, that's right, they don't pay the employees enough to afford one.... #-o

Sounds like a plan for disaster.... :disgust:


How are they going to hide the losses in the books so that the "investors/stock holders" are happy and don't pull their money out???? :evil3:
 
Why don't they lower the price or have a sale to get rid of them??? :disgust:

They could also slow down production. :joker:

Classic mis-management... Then they will need another bail out from our government so that they can keep the foreign car factories open and close the US ones again.... :finga:


Why don't they sell them in China where they shipped all of our jobs??? Oh yeah, that's right, they don't pay the employees enough to afford one.... #-o

Sounds like a plan for disaster.... :disgust:



How are they going to hide the losses in the books so that the "investors/stock holders" are happy and don't pull their money out???? :evil3:

That's exactly what is going on. Those cars are waiting to be shipped. The author even says some of the cars are no longer there. This crap has been floating around forever. There was a article on jaloponik or whatever about this and the author came out and said that he was wrong after posting it. Production doesn't work the way this author believes it does. The companies produce cars based on data from the last years sales. They typically don't make as many as the year before unless the demand rises.

There are cars left over but those cars are shipped other places where the demand is still high but the prices are much lower.

http://jalopnik.com/that-zero-hedge-article-on-unsold-cars-is-bullshit-1578124255

http://www.snopes.com/photos/automobiles/unsoldcars.asp

http://www.bloombergview.com/articles/2014-05-19/the-truth-about-auto-sales

Yes they had trouble selling cars after the big crash but these cars didn't just sit in huge lots forever.
 
The picture shown with all the Durangos... Last made with those taillights in 2009.. Have the all been sitting there for 5 or 6 years?
 
The picture shown with all the Durangos... Last made with those taillights in 2009.. Have the all been sitting there for 5 or 6 years?

The pictures have been collected for years. Yes they are real pictures. However, the story is 90% erroneous. doogievlg's post explains it all.
 
It really don't matter has anybody been shopping for a new car or truck lately? I mean to get a nicely equipped Ram is like over 40K. It's like who can really afford a new one. And most of these car/trucks are all plastic and don't have any chrome.
 
in the reader's comments at the end of the story, there is this.... lol

Posted by:
SafelyGraze

"what we need are more laws requiring people to drive

and to drive up-to-date vehicles with more intelligence built in

also we need more tollroads

and we need to ensure that people drive their new cars on the tollroads and so forth

or else we could just have smart cars that drive themselves on the tollroads, eliminating the need for human drivers

and then everyone is billed for the self-driving cars that are accumulating tolls"
 
It really don't matter has anybody been shopping for a new car or truck lately? I mean to get a nicely equipped Ram is like over 40K. It's like who can really afford a new one. And most of these car/trucks are all plastic and don't have any chrome.

I priced one out...I can get a nice Tradesman for about $25K.

But I don't wanna spend $25K.
 
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