As the downward trend on car sales continue, car companies like Toyota seems to be finding other locations to stock their unsold cars. And the latest word about it is that they are storing them on tankers since local regions are running out of places to hold them.
We already knew unsold cars were sitting in giant parking lots all over the world, but according to the port operators in Malmo, their 12,500 car capacity lots are full so the cars have to go elsewhere.
As a result, Toyota has been forced to contract the services of global car shipper Wallenius Wilhelmsen to park one of their 2,500 car capacity overseas ships in the port to act as a great big floating parking garage. If the cars cannot maintain these unsold cars on their dealer lots, you know things are getting serious.
(Source) Lloydslist
Tags: car capacity, car companies, car sales, car shipper, Cars, downward trend, global car, port operators, Toyota, wilhelmsen