Pegasus Research Consortium

Money, Oil and Politics => Money... Money... Money... => Topic started by: micjer on May 18, 2014, 02:14:29 PM

Title: Hundreds of Thousands of Brand New Unsold Cars Parked Worldwide to Rot in Car Gr
Post by: micjer on May 18, 2014, 02:14:29 PM
http://www.vincelewis.net/unsoldcars.html


There is a huge problem happening that the MSM is not telling us about.

That is.....over production of cars, that are not being purchased.  Just being stock piled.

http://i57.servimg.com/u/f57/17/80/30/86/yu510.jpg

(http://i57.servimg.com/u/f57/17/80/30/86/yu511.jpg) (http://www.servimg.com/image_preview.php?i=136&u=17803086)


(http://i57.servimg.com/u/f57/17/80/30/86/yu710.jpg) (http://www.servimg.com/image_preview.php?i=137&u=17803086)


(http://i57.servimg.com/u/f57/17/80/30/86/yu537710.jpg) (http://www.servimg.com/image_preview.php?i=138&u=17803086)
Title: Re: Hundreds of Thousands of Brand New Unsold Cars Parked Worldwide to Rot in Car Gr
Post by: ArMaP on May 18, 2014, 02:31:51 PM
From wikipedia:

QuoteThe Port of Sheerness is a significant feature of the Isle of Sheppey's economy. Covering more than 1.5 million square metres, it is one of the largest foreign car importers in the UK, and it handles thousands of tonnes of fruits and meat products from all over the world.
Title: Re: Hundreds of Thousands of Brand New Unsold Cars Parked Worldwide to Rot in Car Gr
Post by: Fruitbat on May 18, 2014, 04:51:07 PM

If you read further into the article Armap you'll find that these cars are being stockpiled in multiple locations in the UK.

I read that the nissan test track in sunderland is now unuseable due to the surplus stock accumulated upon it.

I like the fact that you "keep us honest" Armap, but I think that article may well have merrit. FWIW I haven't seen a new car on the road in front of me since for ages...

Here's more: http://www.zerohedge.com/news/2014-05-16/where-worlds-unsold-cars-go-die
FB.
Title: Re: Hundreds of Thousands of Brand New Unsold Cars Parked Worldwide to Rot in Car Gr
Post by: ArMaP on May 18, 2014, 05:58:17 PM
Quote from: Fruitbat on May 18, 2014, 04:51:07 PM
If you read further into the article Armap you'll find that these cars are being stockpiled in multiple locations in the UK.
I read more of the first link and noticed that almost all those areas are in or near ports or car factories, where there are supposed to be cars.

QuoteI read that the nissan test track in sunderland is now unuseable due to the surplus stock accumulated upon it.
That test track also appears on the first article, and it talks about the factory next to the test track.

QuoteI like the fact that you "keep us honest" Armap, but I think that article may well have merrit. FWIW I haven't seen a new car on the road in front of me since for ages...
As I work some 50 metres from home I don't see many cars, so I can't say if there are many new cars or not, but do you think importers/makers would keep on spending money making/importing cars that they know they aren't going to sell?

When they don't see good sales in the near future they close the factories, why would they keep on making cars if they are not selling them?

QuoteHere's more: http://www.zerohedge.com/news/2014-05-16/where-worlds-unsold-cars-go-die
That's not more, that's just another person pointing to the same article.
Title: Re: Hundreds of Thousands of Brand New Unsold Cars Parked Worldwide to Rot in Car Gr
Post by: ArMaP on May 18, 2014, 06:46:09 PM
I decided to take a closer look at the photos. :)

First photo found on gettyimages (http://www.gettyimages.pt/detail/news-photo/in-this-aerial-photo-imported-cars-are-stored-at-sheerness-news-photo/83146776), with this text:
QuoteSHEERNESS, UNITED KINGDOM - OCTOBER 1: In this aerial photo imported cars are stored at Sheerness open car storage area awaiting delivery to car dealer's showrooms on October 1, 2008 in Sheerness, Isle of Sheppey, England. New Cars sales in the UK fell by a 21% in September following the worst August sales figures for the industry since 1966. (Photo by David Goddard/Getty Images)

Second photo found on gettyimages (http://www.gettyimages.pt/detail/news-photo/view-of-some-of-the-thousands-of-unsold-cars-currently-news-photo/84313905), with this text:
QuoteAVONMOUTH, UNITED KINGDOM - JANUARY 16: A view of some of the thousands of unsold cars currently being stored at Avonmouth Docks on January 16, 2009 at Avonmouth, England. Sales of new cars in the UK have slumped to a 12-year-low and production of cars at Honda in Swindon has been halted for a unprecedented four-month period because of the collapse in global sales and represents the longest continuous halt in production at any UK car plant. The announcenent comes on a day when the EU's Industry Commissioner Guenter Verheugen warned the outlook for the European car industry was 'brutal' and predicted not all European manufacturers would survive the crisis. (Photo by Matt Cardy/Getty Images)

Third photo found on gettyimages (http://www.gettyimages.pt/detail/news-photo/dodge-suvs-sit-parked-in-the-atlantic-marine-terminal-at-news-photo/84907999), with this text:
QuoteBALTIMORE - FEBRUARY 18: Dodge SUVs sit parked in the Atlantic Marine Terminal at the port of Baltimore February 18, 2009 in Baltimore, Maryland. As the worldwide economic downturn persists and automobile sales continue to slow, more than 57,000 new automobiles sit idle in the port of Maryland. The state of Maryland recently paid $5.26 million for almost 15 acres of additional car storage space near the port, freeing space for more cargo. (Photo by Chip Somodevilla/Getty Images)

Fourth photo found on several sites, including The Guardian (http://www.theguardian.com/business/gallery/2009/jan/16/unsold-cars), with this text:
QuoteGrowing stocks of unsold cars around the world
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
Nick Mead theguardian.com, Friday 16 January 2009 15.22 GMT

Fifth photo found only on that article.

Sixth photo found only on that article.

Seventh photo found only on that article.

Eighth photo found on a Russian site (http://russo-politics.livejournal.com/2535.html), from July 2009.

Ninth photo (along with several others from that article) found on this site (http://thechive.com/2009/08/06/unsold-cars-from-around-the-world-12-photos/), from August 2009.

Tenth photo found only on that article.

Eleventh photo found here (http://googlesightseeing.com/2009/04/the-worlds-largest-car-parks/), from April 2009.

Twelfth photo found only on that article.

Thirteenth photo found only on that article.

Fourteenth photo found only on that article.

Fifteenth photo found on The Telegraph (http://www.telegraph.co.uk/finance/newsbysector/transport/3547727/New-car-sales-plummet-again.html), from December 2008.

Sixteenth photo found on the same site as the ninth photo.

Seventeenth photo found on gettyimages (http://www.gettyimages.pt/detail/news-photo/view-of-some-of-the-thousands-of-unsold-cars-currently-news-photo/84313853), with this text:
QuoteAVONMOUTH, UNITED KINGDOM - JANUARY 16: A view of some of the thousands of unsold cars currently being stored at Avonmouth Docks on January 16, 2009 at Avonmouth, England. Sales of new cars in the UK have slumped to a 12-year-low and production of cars at Honda in Swindon has been halted for a unprecedented four-month period because of the collapse in global sales and represents the longest continuous halt in production at any UK car plant. The announcenent comes on a day when the EU's Industry Commissioner Guenter Verheugen warned the outlook for the European car industry was 'brutal' and predicted not all European manufacturers would survive the crisis. (Photo by Matt Cardy/Getty Images)

Eighteenth photo found on Auto Express (http://www.autoexpress.co.uk/car-news/28398/pre-reg-sales-scam), on an article from February 2007.

Nineteenth photo found on a Russian forum (http://www.yaplakal.com/forum11/topic273861.html), on a post from April 2010.

So, it looks like that article is based on photos from 2009 and 2010 and Google Maps photos, that are probably from that time frame, as Google doesn't update the photos that frequently.

Even if what he says is true, I can never trust a person that uses photos from 4 or 5 years ago and presents them as from this year.
Title: Re: Hundreds of Thousands of Brand New Unsold Cars Parked Worldwide to Rot in Car Gr
Post by: rdunk on May 18, 2014, 06:51:20 PM
In my reading of the posted article, I did got the impression that this is relatively new information for an on-going problem, and that the pics posted are current.  It does say at the bottom of this article "Page created May 28th 2013.  Updated May 16th 2012.

This is an interesting and surprising presentation, if true. So I began doing a search for more info, and the first additional article I chose to take a look at is one from Business Insider, with a date of Feb.26, 2009. In looking at this article, I quickly noticed it also has the same identical pics as does the OP link, and one of the pics is noted as a 2008 photo. For the pics of the same location at "Upper Heyford airbase". I did compare specifics in the photo, and they are identical to the pic in the OP link.

http://www.businessinsider.com/unsold-cars-around-the-world-2009-2

So at least some of these photos of the OP do have several years age on them. I do wonder what the normal auto manufacturing distribution processes dictate as normal throughput "parking", on the way to worldwide dealers?? There were 65 million cars produced in 2013, compared to 39 million in 1999. ( http://www.statisticbrain.com/cars-produced-in-the-world/  )

Unsold new cars parked to die - I see no way for that of be good for business bottom-line Manufacturing/Dealer profits!  I guess I would be surprised if the "assumptions" for these autos being in graveyards is actual fact! :) But, then, we do get surprised pretty often don't we??

Edit: lol ARMAP - seems you and I were running down some of the same photo streams for info!! :))


Title: Re: Hundreds of Thousands of Brand New Unsold Cars Parked Worldwide to Rot in Car Gr
Post by: Fruitbat on May 18, 2014, 07:21:48 PM

So are you telling me that the essential information that the article provides, that we are overproducing and stock piling motor vehicles at an alarming rate, is false or are you both just pointing out that the authors of both articles have used old stock to make their point, rather than commisioning an aerial survey in order to have a stock of current images?

I just want to understand teh truth of the matter, because I found the ZH article quiet unsettling when I came across it. I almost brought it here myself, TBH.

FB.


Title: Re: Hundreds of Thousands of Brand New Unsold Cars Parked Worldwide to Rot in Car Gr
Post by: ArMaP on May 18, 2014, 08:06:22 PM
Quote from: Fruitbat on May 18, 2014, 07:21:48 PM
So are you telling me that the essential information that the article provides, that we are overproducing and stock piling motor vehicles at an alarming rate, is false or are you both just pointing out that the authors of both articles have used old stock to make their point, rather than commisioning an aerial survey in order to have a stock of current images?
I think it's false, as using 4 or 5 years old photos as evidence of something that is supposed to be happening now is something the author (just one, it's only one article) could not avoid not noticing.
Title: Re: Hundreds of Thousands of Brand New Unsold Cars Parked Worldwide to Rot in Car Gr
Post by: rdunk on May 18, 2014, 10:55:57 PM
Quote from: Fruitbat on May 18, 2014, 07:21:48 PM
So are you telling me that the essential information that the article provides, that we are overproducing and stock piling motor vehicles at an alarming rate, is false or are you both just pointing out that the authors of both articles have used old stock to make their point, rather than commisioning an aerial survey in order to have a stock of current images?

I just want to understand teh truth of the matter, because I found the ZH article quiet unsettling when I came across it. I almost brought it here myself, TBH.

FB.


I don't have enough information to say "it is not true". I do have enough info to say, "the author of the latest article certainly mostly used very old pics as factual support of his thoughts".

But on the basis of my own opinion relative to manufacturing for business profit, it makes absolutely no sense to make more cars than is expected to be sold. And we all know most every car manufacturer does have year-end model year sales, at significantly reduced prices. It would not be difficult for someone who knows cars by year model, to look at current Google Earth pics of these large car-holding ares, and determine if the cars were this years models, or are  car models of earlier years back.

I do think there is a way better chance of our government telling us "aliens are reeeeeeeeeal here", than our finding huge piles of new cars at car quasi-garbage dumps around the world! :))
Title: Re: Hundreds of Thousands of Brand New Unsold Cars Parked Worldwide to Rot in Car Gr
Post by: ArMaP on May 19, 2014, 12:20:44 AM
Quote from: rdunk on May 18, 2014, 10:55:57 PM
I do think there is a way better chance of our government telling us "aliens are reeeeeeeeeal here", than our finding huge piles of new cars at car quasi-garbage dumps around the world! :))
Specially in busy ports. :)
Title: Re: Hundreds of Thousands of Brand New Unsold Cars Parked Worldwide to Rot in Car Gr
Post by: micjer on May 20, 2014, 03:01:18 AM
I have been thinking a lot about this thread since I posted it.  If these cars were being left to rot, I don't think they would leave them at the ports.  These parking areas have been built to accomodate these large numbers.

It is staggering to see this many cars however.  No wonder every other commercial on the boob tube is a car commercial. 
Title: Re: Hundreds of Thousands of Brand New Unsold Cars Parked Worldwide to Rot in Car Gr
Post by: ArMaP on May 20, 2014, 09:25:19 AM
Quote from: micjer on May 20, 2014, 03:01:18 AM
I have been thinking a lot about this thread since I posted it.  If these cars were being left to rot, I don't think they would leave them at the ports.  These parking areas have been built to accomodate these large numbers.
I live in Almada, on the south bank of the Tagus river, and on the other side of the river is Lisbon, with one of the biggest ports in Portugal, and one that used to receive cars (I think they moved that to a different place) on an area close to the bridge that connects Almada to Lisbon, so I am used to see large numbers of cars parked on a port, and I have seen once or twice the cars being unloaded from the ship (and no, they were not in containers, the cars are driven from the ship to the port, it's much faster to load and unload a ship full of cars that way).

Being part of the port, the occupation of that space has to be paid (and, from what I have heard, it's very expensive, like any other occupation of part of a port), so it makes no sense to park cars on a busy area that probably costs more than the price of the cars when used for more than just some days.
Title: Re: Hundreds of Thousands of Brand New Unsold Cars Parked Worldwide to Rot in Car Gr
Post by: Fruitbat on May 20, 2014, 10:47:30 AM


In fairness to me I have some basis for my gullibility as recently* they were selling off ex rover vehicles that had been held in storage for several years... (* I find that I can't remember how recently so it might not really be very recently at all! :)

However, yesterday one of the ZH contributors posted a link to a site showing that this was indeed false information.

Good stuff, guys.

FB.