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  1. #1
    Senior Member AirborneSapper7's Avatar
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    Growing stocks of unsold cars around the world (10 pictures)

    Carmakers around the world are cutting production as inventories build up to unprecedented levels. Storage areas and docksides are now packed with vast expanses of unsold cars as demand slumps

    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




    Land Rover Freelander cars await distribution outside the Halewood operations site in Liverpool. Earlier this week Jaguar Land Rover said 450 British jobs would go
    Photograph: Christopher Furlong/Getty




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




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




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



    http://www.guardian.co.uk/business/gall ... =341883529
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  2. #2
    EagleEye88's Avatar
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    Holy smokes!! This might be the best time to get the best deals then. I might just have to purchase my first car during this recession Sweet! They'll practically be begging for me to take one by slashing prices 50%

  3. #3
    Senior Member Bowman's Avatar
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    Just wait until Obama puts a carbon tax on oil, that will make this slump even worse.
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