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Just How Big Is the Glut of Cars In the World? Look At These Pics

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Old 05-17-2009 | 03:11 PM
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RotoRocket's Avatar
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Just How Big Is the Glut of Cars In the World? Look At These Pics

http://www.ritholtz.com/blog/2009/02...und-the-world/

It's pretty big.
Old 05-17-2009 | 03:41 PM
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Wow, that's bad. I wonder if they give any deals on buying them now. At least they have a new track for testing there trucks.
Old 05-17-2009 | 03:45 PM
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they should give them to me.
Old 05-17-2009 | 06:25 PM
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Did you see the part where it talks about Toyota having to rent cargo ships to store their cars because the port is full?

The Port at Long Beach has run out of land to store more vehicles.

There are supercargo ships anchored in ports, that Toyota is renting to store its cars. Like the one in Norway the article mentions.
Old 06-15-2009 | 04:31 AM
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damn thas crazy.. i remember my dad was buying a new silverado a few months ago the dealership still had brandnew 2007 silverados parked on the lot still waiting to be sold.. the retarded thing was because of rebates and deals the 2009 model came out to be cheaper then buying the exact same thing in the 2007 year. the shape everything was the same.. there idiots for not discounting the older ones but instead giving rebates and financing for the most recent line
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