♠ Posted by Emmanuel in
Credit Crisis
at 2/01/2009 08:36:00 AM
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The
Guardian has an interesting
photo essay depicting a glut of unsold cars made in England, here from Honda's plant in Swindon. If you ever wondered why they talk about "automobile manufacturing overcapacity" worldwide, have a look. Just think what will happen when the Chinese brands start selling their wares in Western markets. Can I look forward to one day buying an Accord for $10,000? Now
that would be a sweet deal.