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  #1  
Old 12-08-2008, 09:20 AM
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Lightbulb Import carmakers leasing acres of coast to store unwanted vehicles

Filed under: Honda, Mercedes-Benz, Toyota



The hardship being endured by Detroit is making headlines across the country, but November sales figures showed that Motown manufacturers aren't the only ones struggling to move metal. Industry all-stars Toyota and Honda saw similarly steep sales declines, evidence of which is piling up on lots like the Port of Long Beach, where thousands of Toyotas and Mercedes are lined up with no place to go. The traditionally successful automakers are looking to lease out another 20+ acres each to make room for more vehicles coming to the port from overseas. Nissan is experiencing a similar scenario, but a deal to store vehicles at Long Beach fell through, causing Nissan to look elsewhere to store its unsold fleet. At the San Diego port, Honda, Mitsubishi, and VW models are piling up, too.

Just a couple years ago, a big deal was made out of the fact that thousands of Dodge Dakotas and Rams were piled up in parking lots across Michigan. Now it seems the only way an automaker isn't storing hoards of vehicles is if they've stopped making cars and trucks all together. Something tells us the deals for 2008 models are going to be even better than they are now. And we're not just talking Calibers and Rangers. Thanks for the tip, Rene!

[Source: Reuters | Image:David McNew/Getty]Import carmakers leasing acres of coast to store unwanted vehicles originally appeared on Autoblog on Mon, 08 Dec 2008 08:01:00 EST. Please see our terms for use of feeds.



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12-08-2008 09:01 AM
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Old 12-08-2008, 11:30 AM
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Yep, right now seems like the best time to be a buyer of whatever thing you're interested in buying. I'm thinking I might try to buy another house next year. Don't really want anymore new cars, but appreciating assets are looking pretty good.
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Old 12-08-2008, 11:45 AM
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It's odd that they just keep making them. The Nissan plant in Canton, MS is loaded with cars - they even took over a major portion of the employee parking lot.
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Old 12-08-2008, 02:06 PM
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There is a lot of inertial energy in manufacturing. You can't just stop assembly lines on a dime. Stopping and restarting is an involved process. Doing it too often would really increase the cost of production.
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Old 12-08-2008, 06:12 PM
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I say its time for a buy one get one free sale
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Old 12-09-2008, 02:27 AM
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They can store some on my property for free.
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Old 12-09-2008, 03:24 AM
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So next year is the best time to buy a new Mercedes?
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Old 12-09-2008, 08:46 AM
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Quote:
Originally Posted by Fulcrum525 View Post
I say its time for a buy one get one free sale
I actually saw an ad or a news story somewhere recently about a dealer doing that.
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Orgasmatron - 2006 CLS500 25,000 miles
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Old 12-09-2008, 09:48 AM
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Quote:
Originally Posted by iwrock View Post
They can store some on my property for free.
Hi, I'm from the county code enforcement office. About those 200 cars in your yard....
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Old 12-09-2008, 10:59 AM
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You'd end up in the same boat as PowerPig. Speaking of which, you'd also have to build a concrete barrier around your yard to keep errant, teenaged drivers from taking any of them out.
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OBK #55

1998 Lincoln Continental - Sold
Max 1984 300TD 285,000 miles - Sold
The Dee8gonator 1987 560SEC 196,000 miles - Sold
Orgasmatron - 2006 CLS500 25,000 miles
2002 C320 Wagon 113,000 miles
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