Belgium's Ports Are Brimming With Unsold Chinese EVs
Monday, 6 May 2024 () Ten years ago this week, we posted one of out most viral stories, highlighting the over-capacity in the auto industry: "Where the World's Unsold Cars Go To Die," which highlighted the 'endgame' of automakers' 'channel stuffing' efforts to disguise the sudden lack of demand for all the exciting new models that they had forecast would boom to the moon... And now, as MishTalk's Mike Shedlock reports, we are seeing similar pictures across Europe... "Some are parked here for a year, sometimes more." Le…
Monday, 6 May 2024 ()
