"Houston...We have a problem!... Nobody is buying brand new cars anymore! Well they are, but not on the scale they once were. Millions of brand new unsold cars are just sitting redundant on runways and car parks around the world. There, they stay, slowly deteriorating without being maintained."
"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."
(The images on this webpage showing all of these unsold cars are just a very small portion of those around the world. There are literally thousands of these "car parks" rammed full of unsold cars in practically every country on the planet.)
*Update : That Zero Hedge Article On Unsold Cars Is Bullshit