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Old 05-17-2014, 04:06 PM
 
9,982 posts, read 6,969,702 times
Reputation: 5619

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You won't see this on CNN.

Where the World's Unsold Cars Go To Die | Zero Hedge

 
Old 05-17-2014, 04:10 PM
 
24,839 posts, read 33,034,917 times
Reputation: 11472
So...."cash for clunkers" didn't work???
 
Old 05-17-2014, 04:20 PM
 
Location: planet octupulous is nearing earths atmosphere
13,623 posts, read 11,260,529 times
Reputation: 19994
they will let em rot before the sell em for a bargain.. that's so green letting millions of brand new vehicles rot..
 
Old 05-17-2014, 04:21 PM
 
Location: Stasis
15,833 posts, read 10,343,892 times
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These old photos are from the 2009 recession.

The first photo says "Timestamp: Friday, May 16th, 2014" but it is also in a 2010 article: Unsold Cars from Around the World!! | FunInStore.com
The second and third photos are from 2009 (Google image search)
 
Old 05-17-2014, 04:27 PM
 
Location: Stasis
15,833 posts, read 10,343,892 times
Reputation: 8568
Quote:
Originally Posted by Snowball7 View Post
Yes, you will. February & April 2009 CNN reports:

HUGE PILES OF UNSOLD CARS - CNN iReport

http://www.cnn.com/2009/LIVING/wayof...t.before.sold/

http://www.money.cnn.com/galleries/2...une/index.html
 
Old 05-17-2014, 04:28 PM
 
9,982 posts, read 6,969,702 times
Reputation: 5619
Quote:
Originally Posted by katzpaw View Post
These old photos are from the 2009 recession.

The first photo says "Timestamp: Friday, May 16th, 2014" but it is also in a 2010 article: Unsold Cars from Around the World!! | FunInStore.com
The second and third photos are from 2009 (Google image search)
thanks. i suppose there aren't as many in the lots now.
now that the taxpayer rescued the bankers.
 
Old 05-17-2014, 04:37 PM
 
Location: A safe distance from San Francisco
9,206 posts, read 6,483,694 times
Reputation: 9504
Quote:
Originally Posted by Snowball7 View Post
thanks. i suppose there aren't as many in the lots now.
now that the taxpayer rescued the bankers.
But go to Google Maps per the article for Sheerness, UK and there they are - more cars than you'd ever think you'd see in one place. Granted that image is probably not current, but I wouldn't think 4 or 5 years old either.

What an incredible story.
 
Old 05-17-2014, 04:43 PM
 
Location: Middle of nowhere
20,966 posts, read 10,881,780 times
Reputation: 8379
Sheerness is the largest car shipping port in England. One would expect cars to be at a port that imports cars.
 
Old 05-17-2014, 05:05 PM
 
Location: Stasis
15,833 posts, read 10,343,892 times
Reputation: 8568
Quote:
Originally Posted by CrownVic95 View Post
But go to Google Maps per the article for Sheerness, UK and there they are - more cars than you'd ever think you'd see in one place. Granted that image is probably not current, but I wouldn't think 4 or 5 years old either.

What an incredible story.
It is a port. Foreign cars are unloaded and parked until they are sent to dealers. I lived close to Ford plant in the 1980's and the lot was always full of new cars - new and different cars every month awaiting delivery.
 
Old 05-17-2014, 07:41 PM
 
Location: SE Arizona - FINALLY! :D
20,315 posts, read 23,258,073 times
Reputation: 7442
Yeah that article is a prime example of how wingnut junk websites like zerohedge routinely lie to their readers. The author writes "Houston...We have a problem!...Nobody is buying brand new cars anymore! Well they are, but not on the scale they once were. Millions of brand new unsold cars are just sitting redundant on runways and car parks around the world. There, they stay, slowly deteriorating without being maintained." then shows half-decade-old photos from the height of the recession and pretends that they represent the situation TODAY.
Pretty dishonest - but not the slightest bit surprising.

Ken
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