Growing stocks of unsold cars around the world

barbarian · 28-02-2009, 11:57 PM

Nissan has announced plans to cut its Sunderland workforce by 1,200. Thousands of unsold cars are stored around the factory's test track
Photograph: Nigel Roddis/Reuters

Honda is halting production at its Swindon plant in April and May, extending the two-month closure announced before Christmas to four months. Honda and Japanese rival Toyota are both cutting production in Japan and elsewhere. Pictured, Hondas await export at a pier in Tokyo
Photograph: Andy Rain/EPA

Newly imported cars fill the 150-acre site at the Toyota distribution centre in Long Beach, California
Photograph: David McNew/Getty

The open car storage areas in Corby, Northamptonshire, are reaching full capacity
Photograph: David Goddard/Getty

Land Rover Freelander cars await distribution outside the Halewood operations site in Liverpool
Photograph: Christopher Furlong/Getty

Earlier this week Jaguar Land Rover said 450 British jobs would go
Photograph: Christopher Furlong/Getty

Imported cars stored at Sheerness open storage area awaiting delivery to dealers
Photograph: David Goddard/Getty

The build-up of imported cars at the port of Newark, New Jersey
Photograph: Mark Lennihan/AP

Stocks of Ford trucks in Detroit, Michigan
Photograph: Spencer Platt/Getty

New cars jam the dockside in the port of Valencia in Spain
Photograph: Mike Hewitt/Getty

Peugeot cars await shipment to Italian dealers at the port of Civitavecchia
Photograph: Giampiero Sposito/Reuters

Unsold cars at Avonmouth Docks near Bristol
Photograph: Matt Cardy/Getty

With many manufacturers on extended Christmas shutdown, the number of cars rolling off production lines in December fell 47.5% to just 53,823
Photograph: Matt Cardy/Getty

v8falconsrule · 01-03-2009, 12:07 AM

wouldn't ya love to be a dog in a yard like that? you could go for years and not pee on the same tyre twice.

**ebxr8240** · 01-03-2009, 12:12 AM

Haha
I was thinking how hard it would be to get the right key ??

v8falconsrule · 01-03-2009, 12:20 AM

or how every time you went to get a particular car i'd be boxed in my a dozen others DOH!

GCPursuitPower · 01-03-2009, 12:29 AM

Hopefully that stockpile of Ford Trucks will make it's way over here for a bargain price.

Windsor220 · 01-03-2009, 12:32 AM

"We located the only one in Australia with cruise control its just gonna be a 5 year wait while we get it off the dock"

Buzz Box · 01-03-2009, 12:32 AM

Quote:

Originally Posted by v8falconsrule

wouldn't ya love to be a dog in a yard like that? you could go for years and not pee on the same tyre twice.

At least theres an upside

SM1DY · 01-03-2009, 12:55 AM

What about local manufactuers, any stockpiles like that in Australia?

robertjp · 01-03-2009, 01:03 AM

yeah just go past fowles in Melbourne, there are lots there

Smoke Pursuit · 01-03-2009, 01:11 AM

yeh theres stock piles like that around even some dealers have stock to that level (when they are multifranchise)..

Sad part is when they are alll have a flat battery, u gotta jump em all!

:

baboon · 01-03-2009, 01:12 AM

First pics a factory test track turned into 1200 car grid for nissan nascar!

asusdragon · 01-03-2009, 01:52 AM

Quote:

Originally Posted by Torxteer

"We located the only one in Australia with cruise control its just gonna be a 5 year wait while we get it off the dock"

and I was thinking of going out and wanting to buy a yellow car

damir05 · 01-03-2009, 06:39 AM

Quote:

Originally Posted by asusdragon

and I was thinking of going out and wanting to buy a yellow car

YEAH me toooo, but then i spotted nice green one next to it sold me straight away

GT0132 · 01-03-2009, 07:56 AM

Quote:

Originally Posted by SM1DY

What about local manufactuers, any stockpiles like that in Australia?

I remember seeing a photo in the Daily Telegragh around 1990-1991 of a Ford holding yard showing stockpiles of unsold EA Falcons ....Huge discounting to move them but things did eventually get better

robjh80 · 01-03-2009, 09:33 AM

Quote:

Originally Posted by GT0132

I remember seeing a photo in the Daily Telegragh around 1990-1991 of a Ford holding yard showing stockpiles of unsold EA Falcons ....Huge discounting to move them but things did eventually get better

Yea, they gave up trying to sell em and released the BA instead!

The Monty · 01-03-2009, 10:25 AM

All you have to do is drive through the Port of Brisbane. New cars go for like 3k x 1-2K's, all just sitting there in the open.

InfernoSR · 01-03-2009, 10:32 AM

You think that with so many cars, the prices would plummet... but greed stops that... they prefer to keep the prices to high and let them rot...

Pedro · 01-03-2009, 10:37 AM

If prices were to plummet, what do you think would happen to the value of your car.

GT0132 · 01-03-2009, 11:11 AM

Quote:

Originally Posted by BLUEPRINT

You think that with so many cars, the prices would plummet... but greed stops that... they prefer to keep the prices to high and let them rot...

IF they plummet below cost then they wouldn't remain in business and why would they?....Cost defined to mean production cost + overhead + a decent return on investment

Rev28K · 01-03-2009, 12:44 PM

Quote:

Originally Posted by SM1DY

What about local manufactuers, any stockpiles like that in Australia?

Ford are still trying to sell 08 plated FG XR6's

gemibabe · 01-03-2009, 12:48 PM

they could get all the old cars off the road by replacing with new ones.. would reduce emissions etc

GS608 · 01-03-2009, 12:57 PM

bout time we introduced the same rule as japan where cars must be replaced every 3 years or whatever it is..

Sprint XR8 · 01-03-2009, 01:45 PM

Quote:

Originally Posted by Rev28K

Ford are still trying to sell 08 plated FG XR6's

Holden still have 07 plated VE's in stock.
http://www.carsales.com.au/new-cars-...MMODORE&D=2007

XD 351 Ute · 01-03-2009, 02:30 PM

Quote:

Originally Posted by XR-CHIEF

bout time we introduced the same rule as japan where cars must be replaced every 3 years or whatever it is..

So you're giving up your AU then are you?

Quote:

Originally Posted by gemibabe

they could get all the old cars off the road by replacing with new ones.. would reduce emissions etc

Perhaps this would help the emissions in some cases.

A lot of older cars are cherished by their owners, and are maintained to as equal, or a better standard than some new cars I've seen driving around.

Ed

GT-E · 01-03-2009, 03:06 PM

I wnet for a chopper flight over Sydney on Monday and snapped a few shots of a heap of cars sitting on the wharfs.

I believe they are mostly Toyotas.

Buzz Box · 02-03-2009, 02:49 AM

Theres a fair few transit vans there.......

Buddy 1 · 02-03-2009, 07:35 AM

Quote:

Originally Posted by GT0132

IF they plummet below cost then they wouldn't remain in business and why would they?....Cost defined to mean production cost + overhead + a decent return on investment

Maybe because you are better off selling last years stock at what it cost you or even slightly below cost so at least you have cashflow & keep the wheels turning as opposed to ever growing stocks of Vehicles.

No point hanging out for that turn around if it takes years to happen & by then your Bankrupt because you have no Cashflow.

If I had $5000.00 of Computers in stock & they were not selling, I would rather at least get that $5000.00 back (what they cost me in parts) than have them sit in the workshop for years & then become worth even less.

Of course I do not stockpile large amounts of stock so for me does not matter, however Car companies need to keep all the wheels turning & while they can afford to temp shutdown Production or reduce Production they cannot just shutdown for 6 months & then start up again.

So yes we should be seeing better Prices by now specially on New 07 or 08 stock to begin with, ie 08 FG XR6 Sedan $29990.00 Driveaway

aquahead2001 · 02-03-2009, 09:34 AM

Some of these images are just of cars arrived straight off the boat so to speak. When you consider that the average car carrying ship can hold 3,000 or more vehicles, its kind of changes the perspective a little. All the cars sitting on the docks may have only just been driven off the ship.

XR Martin · 02-03-2009, 11:02 AM

Quote:

Originally Posted by gemibabe

they could get all the old cars off the road by replacing with new ones.. would reduce emissions etc

And what about the emissions to build all those new cars? Pretty sure it takes 15-20 years for a new car to start coming out in front in regards to CO2 pollution.

greenfoam · 02-03-2009, 01:22 PM

That's what I was told as a kid Martin, I had a teacher that was a bit of a greenie, one of these kind of guys that rode a push bike to work and had a old valiant for the weekends, he told me you could keep driving your old HQ for 100 years and we would be better off than buying a new car (this was in the late 80s)