Where are automakers stashing unsold cars?

diddiyo · 01-20-2009, 08:17 PM

Growing stocks of unsold cars around the world

more pics

*Camaro_Corvette* · 01-20-2009, 08:20 PM

WOW! they can give them to me, no sense in storing them

Sizzox · 01-20-2009, 08:22 PM

Yeah ill take a couple.

*Mr. Wyndham* · 01-20-2009, 08:48 PM

THAT (^) Is why plants are idling left and right.

Kyle2k · 01-20-2009, 08:55 PM

Why aren't there, STILL better deals if they have that much in excess?

jeffny09 · 01-20-2009, 08:59 PM

why are they not on sale for dirt cheap i do not understand

2010 SS · 01-20-2009, 09:02 PM

So, why don't they lower MSRP and ban markups? If they dont, then dont bitch to the consumer or governments when cars don't move.

UCF w00t · 01-20-2009, 09:08 PM

Supply and demand. With a dramatic decrease in demand, price should drop. However, they're going the route of cutting supplies (it'll take a while) in order to keep price up. I wonder if their current production levels are still outpacing demand or if they're slowly using up their stock of cars. It seems to me that it's only a matter of time before the manufacturers drop price in order to move some cars, even if they're selling them at a loss. Eventually it becomes more expensive to keep them than it does just to get them out of their hair.

TheClassicCarKid · 01-20-2009, 09:18 PM

That second picture is insane :(

*Milk 1027* · 01-20-2009, 09:49 PM

It was bound to happen. With cars lasting longer and being more reliable by the day, people are buying less often.

FenwickHockey65 · 01-20-2009, 09:52 PM

Yup...toyota rented out a couple extra acres at a West Coast port a few weeks ago to store imported cars...dealers basically told them to shove it and refused to accept delivery or something like that.

Legend · 01-20-2009, 09:55 PM

I've been puzzled myself at not seeing better deals by now! I really don't understand how dealers and the Big 3 have not come up with something to move their stock!

Even if you sell for costs you aren't losing money...and selling for anything right now might be better than not selling at all!

2009 will be a very interesting year for car sales...I still think the deals are coming, just can't figure out why they haven't already!

Camaro Lives On · 01-20-2009, 10:38 PM

OMFG!!!! That looks like it woudl be almost enough cars just sitting there for at least every person in America to have at least 1 brand new car!!!! That is insane!!! What do they plan on doing with all of those!??!? WOW!!

Zabo · 01-21-2009, 01:50 AM

Quote:

Originally Posted by Camaro Lives On

OMFG!!!! That looks like it woudl be almost enough cars just sitting there for at least every person in America to have at least 1 brand new car!!!! That is insane!!! What do they plan on doing with all of those!??!? WOW!!

Worse comes to worse: save money and recycle them into newer cars. Cheaper than to just sell them off. They already have the materials right there, why not use them in a product that actually can be sold for profit instead of siting on a lot in Long Beach rotting away?

01-20-2009, 08:17 PM	#1
diddiyo Drives: . Join Date: Jun 2008 Location: . Posts: 3,048	Where are automakers stashing unsold cars? Growing stocks of unsold cars around the world more pics

01-20-2009, 08:20 PM	#2
Camaro_Corvette 36.58625, -121.7568 Drives: Team 1LE Join Date: Mar 2008 Location: Earth Posts: 23,710 View My Garage	WOW! they can give them to me, no sense in storing them __________________ I am seriously never serious vv V vv Next order of business

01-20-2009, 08:48 PM	#4
Mr. Wyndham I used to be Dragoneye... Drives: 2018 ZL1 1LE Join Date: Jan 2007 Location: Buffalo, NY Posts: 31,873 View My Garage	THAT (^) Is why plants are idling left and right. __________________ *"Keep the faith."* - Fbodfather

01-20-2009, 08:55 PM	#5
Kyle2k LVL 50 Troll Stomper Drives: 2010 Camaro Join Date: Feb 2008 Location: Indianapolis Posts: 3,463	Why aren't there, STILL better deals if they have that much in excess? __________________

01-20-2009, 08:59 PM	#6
jeffny09 Drives: 2010 camaro Join Date: Nov 2008 Location: new york Posts: 5,618	why are they not on sale for dirt cheap i do not understand __________________ top 10 reason why real men drive stick. 10. A manual transmission is the ultimate in control 9. You can use automotive jargon and not sound like a total tool 8. You can't spell "manual" without "man" 7. Manual transmissions prove you can do more than one thing at a time 6. You can't drift in an auto 5. You can't pull fancy moves in an automatic 4. You get better fuel economy with a stick 3. You’ll never look like a chump if you can drive stick 2. Manual transmission cars are faster 1. Women like a guy who is good with his hands.

01-20-2009, 09:02 PM	#7
2010 SS Elderly Man Drives: Your Local Bus Join Date: Jan 2009 Location: California Posts: 214	So, why don't they lower MSRP and ban markups? If they dont, then dont bitch to the consumer or governments when cars don't move.

01-20-2009, 09:08 PM	#8
UCF w00t Geek Drives: IOM 2010 Camaro 2SS Join Date: Oct 2008 Location: Orlando Posts: 4,451	Supply and demand. With a dramatic decrease in demand, price should drop. However, they're going the route of cutting supplies (it'll take a while) in order to keep price up. I wonder if their current production levels are still outpacing demand or if they're slowly using up their stock of cars. It seems to me that it's only a matter of time before the manufacturers drop price in order to move some cars, even if they're selling them at a loss. Eventually it becomes more expensive to keep them than it does just to get them out of their hair.

01-20-2009, 09:49 PM	#10
Milk 1027 Camaro➎ moderator Drives: '13 BLK 1LE Join Date: Aug 2008 Location: AZ Posts: 13,567 View My Garage	It was bound to happen. With cars lasting longer and being more reliable by the day, people are buying less often. __________________

01-20-2009, 09:52 PM	#11
FenwickHockey65 General Motors Aficionado Drives: 2023 GMC Canyon, 2023 Expedition Join Date: Aug 2008 Location: Florida Posts: 37,375 View My Garage	Yup...toyota rented out a couple extra acres at a West Coast port a few weeks ago to store imported cars...dealers basically told them to shove it and refused to accept delivery or something like that. __________________ 2023 GMC Canyon Elevation 2023 Ford Expedition SSV (State-Issued)

01-20-2009, 09:55 PM	#12
Legend Hello! Drives: 2008 JSB Z06! Join Date: Oct 2008 Location: Texas Posts: 2,624 View My Garage	I've been puzzled myself at not seeing better deals by now! I really don't understand how dealers and the Big 3 have not come up with something to move their stock! Even if you sell for costs you aren't losing money...and selling for anything right now might be better than not selling at all! 2009 will be a very interesting year for car sales...I still think the deals are coming, just can't figure out why they haven't already!

01-20-2009, 10:38 PM	#13
Camaro Lives On Force RECON Drives: 2005 Saab 9-5 2.3T Join Date: Jan 2008 Location: Terre Haute, IN Posts: 1,687 View My Garage	OMFG!!!! That looks like it woudl be almost enough cars just sitting there for at least every person in America to have at least 1 brand new car!!!! That is insane!!! What do they plan on doing with all of those!??!? WOW!!

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