Where the World's Unsold Cars Go To Die

krazykuda said
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.