June 24, 2003

$80B Unsold New Cars

The BIG3 have $80B of Unsold New Cars … because they have no monopoly in any segment ? Or is it that they produce overweight crap … by default ?

And you think the US economy is in a slump now ? Guess what it will be like if these companies begin to “fail a little more” and “cut a little more”. Everyone should watch Roger and Me

Posted by petergun at June 24, 2003 11:06 PM
Comments

Where do unsold new cars go? In Albuquerque New Mexico, one main street, namely Lomas, has so many new car lots and year after year they get new cars, where do all those new cars go? When I buy a new vehilce, it has to last me a minimum of 5 years and hopefully at least 15 years. I am amazed at how year after year after year, these new car lots have new vehicles EVERY YEAR, where in SAM HILL do all these cars go? I am wrtiing a research paper on "WHAT HAPPENS TO ALL THOSE CARS?"

Posted by: John Pope at December 10, 2003 04:31 PM

Mr.John pope,

Please give more details and availability of unsold LHD new cars.

with best regards,
Syed ismail

Posted by: syed ismail at February 3, 2004 06:48 AM