Millions of brand new unsold cars are just sitting there, slowly deteriorating without being maintained.
See Images of a massive car park with thousands upon thousands of unsold cars just sitting there with not a buyer in sight.
There is proof that the worlds recession is still biting and won’t let go. All around the world there are huge stockpiles of unsold cars and they are being added to every day. They have run out of space to park all of these brand new unsold cars and are having to buy acres and acres of land to store them.
The car industry would never sell these cars at massive reductions in their prices to get rid of them. If they were to price these cars for a couple of thousand they would sell them.
The car industry cannot stop making new cars because they would have to close their factories and lay off tens of thousands of employees. This would further add to the recession. Also the domino effect would be catastrophic as steel manufactures would not sell their steel. All the tens of thousands of places where car components are made would also be effected, indeed the world could come grinding to a halt.
Tens of thousands of cars are still being made every week but hardly any of them are being sold. Nearly every household in developed countries already has a car or even two or three cars parked up on their driveway as it is.
When a car is left standing idle, all the oil sinks to the bottom of the sump, and then corrosion begins to set in on all the internal engine parts where the oil has drained away. Cold corrosion is when condensation builds up in the cylinders and rust forms in the bores. The engines would then start to seize and would need to be professionally freed before they could be started. Also the tires start to lose air and the batteries start to go flat, indeed the detrimental list goes on and on.
Na wah oh. Thank God these cars are not made in Nija

Please note that this is not photoshoped. trust me.
http://www.guardian.co.uk/business/gallery/2009/jan/16/unsold-cars

Good observation. However i want you to keep in mind that the article was published in 2009.

The car industry has since rebounded and making lots of money and little inventory of cars just sitting around.

The CEO of Hyundai recently just said that they cannot build cars fast enough to meet demands.

That is how far things has come from 2009 to 2013

Good article tho.

Regards

All I need is one. Just one car at $200 would do.

All I need is one. Just one car at $200 would do.
+$50