What do You do With a Bunch of Unsold Cars?
Lloyd’s List had this story the other day:
CAR manufacturer Toyota has so many unsold cars it has had to charter a ship to store them all.
Toyota said today it had chartered a 2,500-capacity vessel which will simply stand idle in port in Malmo, Sweden.
The vessel, belonging to car-carrier specialist Wallenius Wilhelmsen, is necessary because there is simply no more room to store cars at the Toyota import site in Malmo, the company said.
“We have space for 12,500 cars in Malmo, which acts as a distribution centre for all the Nordic countries,” said Toyota spokesman Etienne Plas. “But we have run out of space. We need the ship to store cars while they are waiting to be delivered. Hopefully we won’t need it for that long.”
I don’t have anything to add.