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Where the World's Unsold Cars Go To Die
Zero Hedge ^ | 5/16/2014 | Tyler Durden

Posted on 05/17/2014 6:28:49 AM PDT by RightGeek

click here to read article


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If this is true, it is insane. Almost like a government program.
1 posted on 05/17/2014 6:28:49 AM PDT by RightGeek
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To: RightGeek

I wonder where they put all the unsold cars in USA? Do they stay on the lots?


2 posted on 05/17/2014 6:33:11 AM PDT by Ken522
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To: RightGeek

Nonsense.


3 posted on 05/17/2014 6:35:22 AM PDT by Kirkwood (Zombie Hunter)
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To: RightGeek
It can't last forever. Reality eventually intrudes.

/johnny

4 posted on 05/17/2014 6:36:00 AM PDT by JRandomFreeper (Gone Galt)
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To: RightGeek

I can’ wait for the govt solution to this problem they created........................


5 posted on 05/17/2014 6:37:44 AM PDT by PeterPrinciple
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To: Kirkwood

So now, having more of something than you need is a “catastrophe.”

That’s like complaining about warehouses full of unsold bacon. Don’t worry, keep the bacon preserved and I’ll get to it eventually.


6 posted on 05/17/2014 6:40:05 AM PDT by Larry Lucido
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To: RightGeek

There are plenty of fact-checkers in the overall auto industry.

US manufacturing exported over one million vehicles last year. Staging those for shipping or further distribution yields amazing pictures. How do these photos differ from photos at any auto plants/distribution centers in the last 60 years?

Are new cars getting cheaper?


7 posted on 05/17/2014 6:40:52 AM PDT by jjotto ("Ya could look it up!")
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To: RightGeek

This will eventually show up on the companies balance sheet as inventory. If the company decides to declare it as obsolete inventory they will take a hit to net income. The publically traded companies will see their stock go down when this happens.


8 posted on 05/17/2014 6:42:44 AM PDT by tom paine 2
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To: RightGeek

I never knew. So glad you posted this Utterly insane.

Big Corps, Big Gov’t are the SAME. Idiocy and waste. The “let’s put a corporatoin in charge of it to make it more efficient” argument is stupidity. It’s right there with “let’s put big Gov’t in charge of it. As dear friend of mine used to say ... “You’re rich, so why aren’t you smart”?

I have learned in my long life that money and power and being in charge have pretty much nothing to do with being smart.


9 posted on 05/17/2014 6:43:26 AM PDT by RIghtwardHo
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To: RightGeek

These lots must be where Hollywood movie producers go to get the cars they smash up.

Long live Starsky and Hutch —


10 posted on 05/17/2014 6:43:59 AM PDT by Uncle Chip
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To: RightGeek

Interesting


11 posted on 05/17/2014 6:46:05 AM PDT by mgist (.)
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To: RIghtwardHo
Big Corps, Big Gov’t are the SAME. Idiocy and waste. The “let’s put a corporatoin in charge of it to make it more efficient”

If you want efficiency you gotta go to small companies and small government.
12 posted on 05/17/2014 6:46:17 AM PDT by cripplecreek (Remember the River Raisin.)
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To: Kirkwood

Exactly. Stunning that sentiment humans would fall for this.


13 posted on 05/17/2014 6:47:17 AM PDT by Doctor 2Brains
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To: PeterPrinciple
the govt solution

Give them to illegal aliens, the homeless, and other socialist voters.

14 posted on 05/17/2014 6:47:23 AM PDT by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month.)
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To: RightGeek

It’s like the ghost cities in China.


15 posted on 05/17/2014 6:47:34 AM PDT by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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To: RightGeek
I'll take this one and that one..the dark green one, too.
Pvmt?..Why yes, here's the 0'Muslim's stash.

16 posted on 05/17/2014 6:48:15 AM PDT by skinkinthegrass (The end move in politics is always to pick up a gun..0'Bathhouse/"Rustler" Reid? :-)
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To: RightGeek

Wow...no wonder the government was promoting “trade in your clunker”.


17 posted on 05/17/2014 6:48:48 AM PDT by WKUHilltopper (And yet...we continue to tolerate this crap...)
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To: RightGeek

I looked at and priced a new car yesterday, they wouldn’t come off the sticker a nickel.

The lot overflowed and I was the only customer in sight.


18 posted on 05/17/2014 6:51:32 AM PDT by razorback-bert (Due to the high price of ammo, no warning shot will be fired.)
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To: Jack Hydrazine

Spain has ghost cities too for some reason.


19 posted on 05/17/2014 6:51:42 AM PDT by cripplecreek (Remember the River Raisin.)
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To: cripplecreek

Have any links about it?


20 posted on 05/17/2014 6:53:12 AM PDT by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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