Graveyards for Unsold Cars - Dubai
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When automakers have unsold cars, they often ship them to locations where the automobiles sit until they fall apart. An article in Zero Hedge claims the lots are vast graveyards for unsold cars, but other observers are challenging the charges. One of these massive parking lots for unsold cars is in Sheerness, in north Kent, England. There are hundreds of similar lots around the world, including more than 57,000 rotting cars in one location in Baltimore. The report claims sales of new cars has been declining over the last few years, leaving millions of cars without an owner. They sit in the giant lots, unused and unmaintained. As manufacturers produce more cars, the companies buy more land around the auto graveyards to contain the vehicles. Zero Hedge stated, "The car industry would never sell these cars at massive reductions in their prices to get rid of them, no they still want every buck. If they were to price these cars for a couple of thousand they would sell them. However, nobody would then buy any expensive cars and then they would end up being unsold." Many of these giant lots are visible on Google Maps, including a former test track in Sunderland, England. That track was recently closed due to the enormous number of unsold cars covering the grounds. The latest map views show the automobiles disappeared, according to Zero Hedge. Matt Hardigree, writing for Jalopnik, states that many of the pictures shown by Zero Hedge are old. He said, "Go back into the Getty or AFP or AP sources for these photos and you'll see, by and large, they're photos from the middle of the post-recession Carpocalypse when the car market collapsed in Europe and the United States." If the reports of auto gravelyards are true, this would not be the first time corporations have thrown away vast quantities of unsold product. In 1983, Atari buried tens of thousands of copies of their video Game, E.T. the Extraterrestrial, after suffering the worst failure ever in the history of electronic games. http://www.zerohedge.com/news/2014-05-16/where-worlds-unsold-cars-go-die http://jalopnik.com/that-zero-hedge-article-on-unsold-cars-is-bullshit-1578124255 http://www.zerohedge.com/news/2014-05-01/another-month-another-gm-channel- stuffing-record http://www.vincelewis.net/unsoldcars.html http://www.snopes.com/photos/automobiles/unsoldcars.asp Download your free Next News "Heroes & Villains" Poster here: http://nextnewsnetwork.com/the-2013-heroes-villains-posters Donate USD: http://nnn.is/donate-dollars Donate BTC: http://nnn.is/donate-bitcoin LIVE: http://NextNewsNetwork.com Facebook: http://Facebook.com/NextNewsNet Twitter: http://Twitter.com/NextNewsNet Sub: http://NNN.is/the_new_media Meet the Next News Team: http://youtu.be/2QnNKwQ2WkY Hashtag: #N3 About: Next News Network's World News program airs daily at 6pm and 11pm Eastern on Comcast, DirecTV and Over-the-Air and Online at http://NNN.is/on- World News is available to 6 million viewers from South Beach to Sebastian, Florida and to 2 million viewers in Boston, Massachusetts via . broadcasts on RF channel 44 (virtual channel 9) from Palm City and is carried on cable TV channels 44 (SD) and 1044 (HD) by AT&T, on cable channels 17 (SD) and 438 (HD) in West Palm Beach by Comcast, on satellite channel 44 (SD) in West Palm Beach by DIRECTV, and on -Boston which broadcasts on RF channel 38 (virtual channel 6) from the Government Center district in downtown Boston. More about : http://en.wikipedia.org/wiki/ #SR
Comments
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i think they should wait 2 years for a new car to come out, maybe they would sell more. you buy a 2016 car and then 2017 is right around the corner hahaaa 🤔😂😂😅
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Sheerness in Kent, as described at the beginning of this badly researched piece is one of the largest import ports in the United Kingdom for car makers. Several manufacturers ship from the shown massive compound by car transporters all over the country to their dealerships. Porsche, Audi, VW, Skoda, Seat, Citroen and Peugeot all ship out hundreds of cars, vans and light trucks with a remarkably efficient turnaround.
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I don't know what to believe based on the comments, but it would seem that they could maximize profits by selling these at a discount or at the very least sell the things for scrap or recycle the steel. That could lower production costs.
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Those are flood cars insurance keeps them in one big lot tell they're disposed of or sent to auction.
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i koo
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G. g g. k Phir nar rai see pa hath Phir nar rai see pa hath Missed video call
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why don't they recycle them. they have already taken the loss on thier taxes. That could save resources and create jobs in the process.
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If the manufacturers had sold the cars at a symbolic price of 10 $ / € the unit, a few million would have charged. But no, those bastards prefer to rot, to rust before they sell them cheaper.
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I drove by one of those unsold grave yard in Baltimore with my dad, you can see it from I-95, it's massive and this video is on the level.
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Those look more than FLOOD cars.
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Those are flood cars. True that theyre brand new and cant be sold but not because they didnt sell.
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You're an idiot most cars are made without ever being ordered. Try going into a dealer today and order a car. They stopped doing that 40 years ago. Dumbass.
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lol anyone who believes the news is nuts
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Why not trade these vehicles for ones people are driving that do not pass emission standards so as to save the environment. No I'm not one of those, I'm just saying that is one way some 'bean counter' could justify it.
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this is disgusting i work my ass off driving a shitty vehicle that is so RUSTED THE CARPETING IS FALLING OUT THE BOTTOM AND MY DRIVER DOOR WAS WELDED BACK ON CROOKED only good parts are my engine and transmition if 1 of them goes im screwed probably will go on welfare or disability cant get a job if i cantdrive to work.
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So why don't people steel them
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I do not believe this...where exactly are these places...all of them...do not believe it!!!!!!
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what a waste
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stupid video. they can easily sell them all with 10℅ discount. no one says if the car price is 30000 sell it for 5000 lol ,people would buy it for 25000.
brand new cars in pictures,in factory parking,most of them are sold today -
BMW DESTROYS THEIR CARS.
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