The car industry would never sell these cars at massive reductions in their prices to get rid of them, no they still want every buck. If they were to price these cars for a couple of thousand they would sell them. However, nobody would then buy any expensive cars and then they would end up being unsold. Its quite a pickle we have gotten ourselves into.
A reader tells me that the article is flat-out false.
UPDATE: Not really the same problem, but apparently many state and local governments do not understand the concept of making use of existing assets before buying new ones. This report from November 25, 2013 Channel 10 in Columbus, Ohio, reports:
10 Investigates has learned some Department of Rehabilitation and Correction (DRC) cars have not been checked out for use in at least two years.
The DRC maintains a lot full of cars at its headquarters on 770 West Broad street in Columbus.
At the adjoining parking lot, 10 Investigates' reporter Paul Aker used video recordings to document numerous cars that did not move all summer.
The recordings began on August 20. By mid-November, many of those cars still had not moved....
10 Investigates analyzed fleet records and compared those to check out logs. The station's investigation revealed 20 cars that had not been checked out for use in at least two years. Others seemed to get very limited use. In one case, a car was checked out only two times in the two year period.A similar, perhaps even more embarrassing situation was covered April 27, 2012 by ABC News:
Miami-Dade County is under fire for letting hundreds of new cars–Toyota Prius hybrids, pickup trucks, vans and police patrol vehicles–sit, unused, in a county garage. For six years.
Back in 2006, the county added 908 new cars to its 7,300-car fleet. A year later, after the recession hit, they reduced their fleet by 947. Some of the remaining cars were sold, but the others were warehoused in the Earlington Heights Metrorail station parking garage, said County spokesperson Suzy Trutie.
By the spring of 2008, the number of idle vehicles–worth an estimated $4 million– had grown to 1,200, the Miami Herald reported.
According to Trutie, brand new car and trucks sitting idle year after year was no big deal. “They were in storage in the garage,” she said. “We always have an inventory of cars in storage because we are constantly upgrading our fleet. This is what we always do. This is not new. It’s part of our every day operations.”This makes sense for boxes of staples, or copy paper, or hammers -- items that don't cost much, and don't degrade if they are not regularly serviced. But cars?
UPDATE 2: Here's an account that a reader provided that shows that this wasn't as silly as it sounds. Why, you could get the impression that mainstream journalists are sometimes as careful and accurate about stuff like this as they are about gun control!