Toyota sales have slowed down so much in Europe, unsold cars sitting dockside in Malmo, Sweden have outgrown lots, forcing Toyota to rent a shipping vessel as a floating parking lot for 2,500 unsold cars.
We already knew unsold cars were sitting in giant parking lots all over the world, but according to the port operators in Malmo, their 12,500 car capacity lots are full so the cars have to go elsewhere. As a result, Toyota has been forced to contract the services of global car shipper Wallenius Wilhelmsen to park one of their 2,500 car capacity overseas ships in the port to act as a great big floating parking garage. When Toyota not only can't even their cars on to dealer lots, they can't even get 'em off the boat, you know things are getting serious. [LloydsList]