Quote:
Originally Posted by jjackstone
Not only are they piling up on the dealers lots, they are piling up at the manufacturers lots too. Just spoke to an old friend that works for a major manufacturer and he told me that their larger vehicles are piling up at the plant and they are running out of room to park them. Oh, but they are still building them. Anyone know what happens to all the new monster vehicles that don't get sold? Are they stripped for parts or just scrapped and recycled?
JJ
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That problem exists here. The Ford plant cranks out F-150s, but the stockpile is at its maximum space allowed. Dealers have them collecting dust, and the plant sits with them parked. Production has nearly ceased. They're focusing on the Escape/Tribute since FE is now a priority for buyers.
The used market and lease exchange agencies and bombarded by SUV/Truck owners wanting to bail.
It seems as if the fuel price hike may have a positive effect on the effort to reduce fuel consumption. Just look at the number of driving trips over Memorial day compared to years past. Record breaking declines.
Environmentally good, but hits fixed-income citizens pretty hard. It's a difficult give and take.
RH77