Why Car Companies Let Brand New Cars Rot in Fields
Talks Business
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Why Car Companies Let Brand New Cars Rot in Fields
4 039 просмотров · 2 нед. назад
Talks Business
31 подписчик
4 039 просмотров · 2 нед. назад
In this video essay, we dive deep into the bizarre economics of the automotive industry. Have you ever wondered why airports and fields are suddenly filled with tens of thousands of brand-new, unsold cars baking in the sun?
We break down the hidden truths of the car business: why stopping a factory costs more than renting an abandoned runway, how the "turn and earn" dealer system forces lots to overflow, and why sale number one (factory to dealer) matters more than actual customer demand. From massive floor plan loans to the 40-million-dollar SEC fraud fines, discover the true mechanics of throughput and corporate reporting tricks.
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