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Toyota Stores Unsold Cars On Carrier Ships At Port in Southern Sweden

 - Feb 8, 2009
References: ft & autoblog
Toyota's troubles are not yet over; after posting its first net loss since 1950, the automaker has reportedly inked a deal to store its unsold vehicles at sea in a car carrier ship.

The Financial Times reports that Toyota will store up to 2,500 of its unsold cars on Wallenius Wilhelmsen car carriers, which will be held at a port in southern Sweden. Autoblog adds that Höegh Autoliners claims other car companies are looking to store their unsold vehicles in a similar fashion.