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Growing stocks of unsold cars around the world
FaceMan
Brisbane, Queensland
381 posts
Conspiracy Free Zone.

Seems the world currently has an oversupply of cars.
Take a look at these pics...

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
http://www.guardian.co.uk/business/gallery/2009/jan/16/unsold-cars?picture=341883529

http://static.guim.co.uk/Guardian/business/gallery/2009/jan/16/automotive/xsheerness-8359.jpg

11:58pm 18/01/09 Permalink
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11:58pm 18/01/09 Permalink
3dee
Brisbane, Queensland
2958 posts
Hot damn!

I'll have... that one.. and .. that one.. and...
12:01am 19/01/09 Permalink
Crakaveli
USA
3015 posts
Inside job.
12:01am 19/01/09 Permalink
Bah
Brisbane, Queensland
3143 posts
Remember, we parked in the itchy lot.
12:07am 19/01/09 Permalink
eighty-eight
Brisbane, Queensland
1013 posts
so whats gonna happen?
12:08am 19/01/09 Permalink
LoneWolf
Brisbane, Queensland
398 posts
When I was working for Toll carting cars out of Hamilton there were at least 450 of those Jumbuck utes that had been sitting there, under hailnets at Prix Car for 3 years. Marshall Batteries used to get called every 6 months or so to replace every single battery due to them just sitting there, unsold and undelivered. It started getting that way with Suzuki's as well, although nowhere near the numbers of Jumbucks.
12:11am 19/01/09 Permalink
infi
Brisbane, Queensland
10894 posts
you just need to look at the car lot near the airport. it's packed.
12:14am 19/01/09 Permalink
fpot
Gold Coast, Queensland
15969 posts
Cars will be free one day (or sold at a huge loss) and they will make their money on petroleum products (sort of like how consoles make their money with games)
12:17am 19/01/09 Permalink
ChickenS***
Brisbane, Queensland
270 posts
fpot for an anti-truther you sure are an idiot.

waaaaaaaaaaittttttttttt..... you were an idiot from the start!
12:21am 19/01/09 Permalink
infi
Brisbane, Queensland
10896 posts
Cars will be free one day (or sold at a huge loss) and they will make their money on petroleum products (sort of like how consoles make their money with games)


or like how razor companies make money on their shavers.
12:22am 19/01/09 Permalink
Insom
Brisbane, Queensland
2763 posts
by charging a f***-ton for the razor and also charging a f***-ton for the cartridges?
12:42am 19/01/09 Permalink
FaceMan
Brisbane, Queensland
383 posts
I guess other things must be starting to back up too.
Bikes.. trucks Vans

There was a bit in the Courier Mail about Whitegoods going up 20-30% because of the Aussie dollar. I guess Car Prices would need to climb. Although Aussie made cars wouldnt.
Do we still make Australian Cars ?
12:49am 19/01/09 Permalink
sleepy
Sunshine Coast, Queensland
777 posts
i thought our last car making joint in adelaide closed or had huge lay-offs a year or two ago.

12:58am 19/01/09 Permalink
trog
AGN Admin
Brisbane, Queensland
25874 posts
Remember, we parked in the itchy lot.
10/10
01:00am 19/01/09 Permalink
fpot
Gold Coast, Queensland
15971 posts
Yeah well I was sort of joking ChickenS*** but yeah nice try though.
01:15am 19/01/09 Permalink
whoop
Brisbane, Queensland
13400 posts
we should all scrap our current cars and buy brand new ones to help support the economy.
01:33am 19/01/09 Permalink
infi
Brisbane, Queensland
10899 posts
particularly all the s*** ricer cars the people on here are obsessed with.
01:37am 19/01/09 Permalink
Skitza
Brisbane, Queensland
8594 posts
I'll buy one for a dollar.
01:37am 19/01/09 Permalink
kos
Melbourne, Victoria
980 posts
i thought our last car making joint in adelaide closed or had huge lay-offs a year or two ago.

Uhh... Holden, Ford and Toyota all still make heaps of cars in Australia, including many that are exported to the Middle East, the US and other places. Pretty sure the only other major manufacturer stopped recently (Mitsubishi) and now fully imports, but could be wrong.
02:00am 19/01/09 Permalink
FaceMan
Brisbane, Queensland
384 posts
So our cars to export are now 30% cheaper overseas ?
thats got to be a good thing for the car industry ?
02:16am 19/01/09 Permalink
kos
Melbourne, Victoria
981 posts
Indeed it is, and not just from an exporting point of view, but also from a competing with cheap imports one. They were pretty vocal about the negative effects of the strength of the AUD when it was getting close to 1:1 with the USD. Though I think it's only Holden that does any sort of major exporting the the US, and even then it isn't a big percentage of their exports.
02:29am 19/01/09 Permalink
reload!
Brisbane, Queensland
4355 posts
a mate of mine used to move and pick car orders in lots like that.
sounded like a pain in the arse.
03:10am 19/01/09 Permalink
maxe
Brisbane, Queensland
13611 posts
no wonder they cant sell cars, most of those cars are white


ugh
03:52am 19/01/09 Permalink
casa
Thimes
Brisbane, Queensland
3147 posts

Someone buy my car, MY05 sti kgo
05:46am 19/01/09 Permalink
Spook
Brisbane, Queensland
23916 posts
particularly all the s*** ricer cars the people on here are obsessed with.


nazi sleds for all
05:57am 19/01/09 Permalink
paveway
Brisbane, Queensland
9187 posts
apparently nissan at moorooka has sold 12 new GTR's in the 6 odd months they have been selling them in australia ($140000 ea)

sorry infi, s*** ricer cars are here to stay
08:47am 19/01/09 Permalink
Martz
tubby
Brisbane, Queensland
1777 posts
apparently nissan at moorooka has sold 12 new GTR's in the 6 odd months they have been selling them in australia ($140000 ea)


after tax+onroads I think they will be around the 170k.. With the crappy aussie dollar, it may be even higher... we'll see.. I havn't heard of anyone laying down $140k for a GTR, but a deposit then yeah..
09:49am 19/01/09 Permalink
tequila
Sydney, New South Wales
598 posts
for 140k it's a bargain
I'd still rather chip in a few more pennies and get the GT3, though
09:51am 19/01/09 Permalink
TicMan
Melbourne, Victoria
4046 posts
I'm doing my bit, heading down to Volkswagen on the weekend to test drive some new broom brooms.
10:01am 19/01/09 Permalink
MrHardware
Brisbane, Queensland
4231 posts
i believe it was henry ford who said 'ill give you the car for free if you promise to buy the spare parts off me only'
10:02am 19/01/09 Permalink
mission
Brisbane, Queensland
4560 posts
See he knew that Fords break down all the time and he would have a constant stream of business.

10:08am 19/01/09 Permalink
Raven
Melbourne, Victoria
3258 posts
Yeah, people forget that a low Aussie dollar is awesome for local businesses - exports sell more because they're more competitive overseas, and imports don't sell because they're more expensive (which also means local products sell more because they're more competitive locally).

However when you see photos like this, you can't help but think it's no wonder GM are going broke when they're over-producing by such large volumes.
10:09am 19/01/09 Permalink
tequila
Sydney, New South Wales
600 posts
its their own fault though, i have no sympathy for them
I don't get a bailout if i f*** up and can't pay my mortgage etc
why should they get a bailout if they f*** up and can't pay theirs
11:03am 19/01/09 Permalink
demon
Brisbane, Queensland
3966 posts
i hope motorcycle manufacturers are doing the same... i want cheaper bikes :D
11:04am 19/01/09 Permalink
mission
Brisbane, Queensland
4561 posts
why should they get a bailout if they f*** up and can't pay theirs


Possibly because it's a huge industry that has a big influence on the economy.
11:10am 19/01/09 Permalink
tequila
Sydney, New South Wales
602 posts
so the f*** what

make them declare & force them to sell their company to whomever can afford it
someone like BMW or Audi might step up and buy it if its cheap enough (which, it will be - because they dont have a choice)

bailing them out is saying its ok to keep doing what you've been doing
if they risk losing the entire company (and with that, their phat corporate wages/private jets etc), I'm sure they'll pay more attention
11:14am 19/01/09 Permalink
Taipan
Brisbane, Queensland
2630 posts
I spent years unloading car ships and you'd be suprised how quickly you can fill and empty a lot like the one in that picture. Some of the bigger car ships can carry around 7,000 cars. Although the most we used to unload here in Brisbane was between 1,200 - 1,400 and with the right number of drivers we could nail that in a single shift. So yeah you could fill a lot like that one pretty damn fast

Lonewolf I used to work for Patrick Stevedores down at Hamilton and and on Fisherman Island. I know Prix car pretty well over the space of ten years I probably dropped off a couple of thousand cars there myself. :)

reload! picking up cars from those places isn't that bad. Most of them are parked in rows relating to where they are going. So it's not like you have to go all over the place picking one from here and another from way over there.

As a side note I used to unload f*** loads of second hand Skylines, Supra's and the like a fairly high percentage of which were buckets of s***. They'd always come in on run down peices of crap ships that would take forever to unload because of the ships layout. Personally I would never buy one of those imports given what I have seen over the years.
11:15am 19/01/09 Permalink
Jim
Brisbane, Queensland
9060 posts
onya ticcles!
04:37pm 19/01/09 Permalink
mooby
Brisbane, Queensland
4496 posts
i went to motorama at springwood, c#nts wouldnt budge much on prices.. all want their juicy commission. told em to stick it and bought a good 2nd hand (50ks on the clock) for half the price.
05:47pm 19/01/09 Permalink
mooby
Brisbane, Queensland
4497 posts
how much casa? how many ks?
05:49pm 19/01/09 Permalink
FaceMan
Brisbane, Queensland
387 posts
Someone was telling me that Dealers prefer to sell the Finance side for profit and new cars at or near cost. They make their money by getting you into a finance deal.
07:15pm 19/01/09 Permalink
kos
Melbourne, Victoria
982 posts
And yet Ford Credit is bailing out of Australia, no wonder the dealers were so pissed and saying that they'd be selling Jap cars in the not too distant future instead...
07:27pm 19/01/09 Permalink
Ross
Brisbane, Queensland
1914 posts
That is true, if you negotiating with someone try and avoid telling them how you are going to pay until you have already got to a price. They are a lot less likely to go down if you aren't using their already established credit facilities.
09:01pm 19/01/09 Permalink
BigZub
Brisbane, Queensland
4876 posts
Someone was telling me that Dealers prefer to sell the Finance side for profit and new cars at or near cost. They make their money by getting you into a finance deal.
depends, they can sell a car at cost if they know that the customer is going to service the car through them.. but thats rare that happens
10:29pm 19/01/09 Permalink
Taipan
Brisbane, Queensland
2631 posts
Yeah Faceman my ex used to work for a finace broker that inturn covered a number of yards here in brisbane. There is a s*** load of money to be made just from signing people up the figures are the kinds of numbers that would pop your eye's put it that way.

The money was such though that a number of brokers she knew would dodgey up the paper work to ensure the deal went through thus picking up their bite. My personal advice gien what I have heard from her would be never ever get finance through a car yard. But I am sure most of you already knew not to do that.

Dealers don't give to much of a rats ass about ongoing crap like servicing. What they do love though is pushing s*** like window tinting and upgrading the cars they sell with soilers and rims ect because they can make a killing on that BS.

last edited by Taipan at 01:09:34 20/Jan/09
01:04am 20/01/09 Permalink
infi
Brisbane, Queensland
10904 posts
One of my tenants runs a used car yard $5k-$15k and he has been running his own car finance company to get the white trash into deals. Makes a s***load out of it, its a regular paycheck every week, and if they default just take the car back and sell it again.

What a racket.
01:22am 20/01/09 Permalink
tequila
Sydney, New South Wales
609 posts
so true
11:05am 20/01/09 Permalink
ara
Sydney, New South Wales
2430 posts

Could easily be said about GM Holden and Ford Australia too.
11:31am 20/01/09 Permalink
trog
AGN Admin
Brisbane, Queensland
25889 posts
haha slaps, that poster cracks me up every time I see it. Most of the Americans I know think the bailout is f***ed, but I don't know any of the millions of people in the auto-industry, so they prolly have a different opinion. There was a cool thread on Slashdot the other day (can't remember what it was about) and it turned into a few Americans talking about the difference between American cars and foreign ones - almost without exception they slagged the American cars and just said they were cheap schlocky s*** compared to their Japanese equivalents, or whatever. I think most American cars are hideously ugly anyway, not to mention massively oversized, but that thread turned me off them fo life (except Trans Ams obviously, they're awesome)
12:23pm 20/01/09 Permalink
paveway
Brisbane, Queensland
9196 posts
haha that's awesome

i'm still struggling to understand, in this time of worry about climate change and the cost of petrol in the past 10 odd years. which bright spark at holden decided they needed a 7 litre engine.

they used that f*****g boat anchor of a 5 litre v8 for over a decade and managed to keep squeezing power out of it with each new generation, yet they seemed to have jumped almost 2 litres in displacement in the last decade since the introduction of the 5.7 litre v8 which in the VX commo back in like 2000ish

am i the only one that thinks this is totally retarded? especially while the euro's are pushing similar power from v8's with a fraction of the displacement.
12:34pm 20/01/09 Permalink
infi
Brisbane, Queensland
10910 posts
no you're not the only one. in fact most of the media elite think it's retarded too. but politics is about winning the votes of people who work in the car industry.
12:40pm 20/01/09 Permalink
nF
Forum Hero
Wynnum, Queensland
15259 posts
pave you moron, displacement doesn't equal fuel usage.

also:

mercedes clk 63 amg black:
6.3L V8 373kw (standard amg = 350kw)
15.3L per 100km

HSV W427:
7.0L V8 375kw
17L per 100km

Jag XF:
4.2L V8 230kw
who cares per 100km

aston martin v8 vantage:
4.7L v8 315kw
who cares per 100km
01:14pm 20/01/09 Permalink
paveway
Brisbane, Queensland
9198 posts
this is holden we're talking about nf
01:36pm 20/01/09 Permalink
TicMan
Melbourne, Victoria
4057 posts
Well I had that 5L in my VT SS (manual), the 5.7L in my Monaro (manual) and have the 6L in my SSV (auto) and the 6L is by far the most fuel efficient *when driven sensibly*.

True story!

01:41pm 20/01/09 Permalink
paveway
Brisbane, Queensland
9200 posts
can't really compare auto and manual

my boss has a VE SS and he said he gets up around 19L/100km around town but i think he's a bit of a lead foot off the lights etc but still.
02:03pm 20/01/09 Permalink
nF
Forum Hero
Wynnum, Queensland
15261 posts
can't really compare auto and manual


why not?

02:30pm 20/01/09 Permalink
paveway
Brisbane, Queensland
9201 posts
well you can, but in reality they are driven pretty differently..

auto's will always use less imo
02:37pm 20/01/09 Permalink
mission
Brisbane, Queensland
4567 posts
Auto's use less?

That's crazy talk.
02:42pm 20/01/09 Permalink
nF
Forum Hero
Wynnum, Queensland
15263 posts
well you can, but in reality they are driven pretty differently..

auto's will always use less imo


generally more actually, due to the torque convertor. a lock up torque convertor + stupid amounts of gears helps newer transmissions though.
02:54pm 20/01/09 Permalink
paveway
Brisbane, Queensland
9202 posts
7 speed auto's and s***
02:57pm 20/01/09 Permalink
mission
Brisbane, Queensland
4568 posts
Yeah fair call for the new super fancy ones.
03:14pm 20/01/09 Permalink
MrHardware
Brisbane, Queensland
4234 posts
you can buy 5- and 6-speed autos in the new commodores and falcons that beat the pants off manuals efficiency wise.
03:15pm 20/01/09 Permalink
eightyeight
Brisbane, Queensland
1016 posts
look up CVT Transmission videos on youtube.
04:23pm 20/01/09 Permalink
Obes
Brisbane, Queensland
7060 posts
CVT transmissions are old. Didn't x-trail have a cvt ?

06:05pm 20/01/09 Permalink
nF
Forum Hero
Wynnum, Queensland
15264 posts
you can buy 5- and 6-speed autos in the new commodores and falcons that beat the pants off manuals efficiency wise.


no they don't. they are basically identical. 100ml of petrol per 100k isn't exactly a pantsing.

($20 a year)
06:19pm 20/01/09 Permalink
Ross
Brisbane, Queensland
1927 posts
I get about 25L/100Km in my ford
06:30pm 20/01/09 Permalink
Obes
Brisbane, Queensland
7062 posts
I get about 25L/100Km in my ford

What you drive 100km's then sniff 10L of petrol ?
07:18pm 20/01/09 Permalink
Crakaveli
USA
3030 posts
That's a big sig.
07:19pm 20/01/09 Permalink
Boxhead
Brisbane, Queensland
11925 posts
Thirsty mustangs...
07:59pm 20/01/09 Permalink
Ross
Brisbane, Queensland
1929 posts
67 fastback 390

im only guessing at the mpg but im sure its around there or higher
08:02pm 20/01/09 Permalink
Jim
Brisbane, Queensland
9063 posts
CVT transmissions are old. Didn't x-trail have a cvt ?
close, the murano does
08:29pm 20/01/09 Permalink
Spook
Brisbane, Queensland
23929 posts
nissan micra's have cvt
08:33pm 20/01/09 Permalink
Obes
Brisbane, Queensland
7064 posts
Pretty sure the xtrail in the last year or 2 had cvt ... yours may not have, and it may not now. But reviews like these suggest it was an option.


08:36pm 20/01/09 Permalink
Scorp
Brisbane, Queensland
289 posts
sig to big.
08:39pm 20/01/09 Permalink
Scorp
Brisbane, Queensland
290 posts
So what happens if a hail storm comes? Seriously... why would they put all the cars in the weather ...
08:40pm 20/01/09 Permalink
Jim
Brisbane, Queensland
9064 posts
ah yeh I forgot they had done a new model
nissan site says they have them
08:42pm 20/01/09 Permalink
nF
Forum Hero
Wynnum, Queensland
15266 posts
So what happens if a hail storm comes? Seriously... why would they put all the cars in the weather ...


Write them off. Claim insurance. Easier than selling them.
08:43pm 20/01/09 Permalink
mission
Brisbane, Queensland
4576 posts
A shed that big would be quite costly I assume.

And considering this thread is about how there is a huge back log of cars, there probably isn't normally that many sitting in the lot.
08:44pm 20/01/09 Permalink
Taipan
Brisbane, Queensland
2632 posts
The only cars that we used to get put under cover after being unloaded from the ships were the super expensive s*** or cars where there was some kind of deal going with the importer to protect them. Needless to say storage costs would of been a lot higher for the protection.

One of the things people never realized about the wharf and the s*** the stevedoring firms sotre is how much money they make doing it. Of course those cost eventually get passed onto the consumer.

Just a quick example for you. We had the boom from a drilling rig sitting in a corner of our yard for about a month. Now this thing was about 30 ft long by 4ft high 4ft wide. Patricks charged the company $14k for the 4 weeks of storage so it's pretty much a licence to print money. Storage of such things incur no real cost on the company storing them so it's money for nothing. Even when you get someone to load it on a truck it takes all of about 10 minutes to do so labor costs are not even worth a mention.

Just another little bit of info. Each and every car we would unload from a ships would cost the importer around $120 each and that is seperate from storage costs. Now when you consider that we could pull 1,200 off a ship (depending on the size of the ship) in a single shift thats a f*** load of cash for just 8 hours.
11:06pm 20/01/09 Permalink
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