Japan earthquake and the car market economy?

**vito corleone** · March 15th, 2011 11:56 PM

Originally Posted by hondaboot

what we should be buy are those tsunami damaged jet fighters, all 17 of them

matutuwa lang ang mga abu sayyaf at npa pag binili ng afp yun

**valvura** · March 16th, 2011 12:25 AM

diba daming barkong sinira ng tsunami? saan isasakay yung surplus?

**donbuggy** · March 16th, 2011 01:04 AM

:ooops:Wrong thread.

**dvldoc** · March 16th, 2011 08:55 PM

I don't think these cars that were flooded will be sold, first off all they were washed away by a huge wave not just a slow rising water level and it's salt water they are basically destroyed. Second there is nobody around to even think about messing with surplus cars with 1000's missing and nuke plants about to go off. Those cars in the contaminated areas will surely be destroyed by the government.

The real problem is all the grey market cars that were at the ports and auto auctions. Most of these were wiped off the face of the earth. The major sites all lie in areas hardest hit.

There is going to be a big drop off in these converted vehicles in the Philippines due to this disaster. Not to mention a shortage in spares for those who already own the harder to find models. Port Irene shops will be hit pretty hard by this since 80% of there cars were shipped from that area and stored there.

On the flip side local car sales should go up and grey market vehicles that are already on the market should sale better because they will be more expensive in the future due to the new laws on them being one and the up coming shortage being the other.

Just look at the new cars that were waiting for shipment.