Kia is holding imported cars on locked compounds, rather than sell or deliver them. - eviltoast

“New Kia cars are not being released to Ontario dealerships — and reportedly many more across the country — to sell. Instead, they’re being stored on this compound, 30 kilometres south of Kitchener, Ont. and allegedly on other similar compounds across Canada.”

  • cygnus@lemmy.ca
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    11 months ago

    It sounds like plausible deniability from what I suspect the real reason is: constraining supply to continue the perception of a shortage and maintain high prices.

    • Magrath@lemmy.ca
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      11 months ago

      How long can they do that? I mean they need a constant cash flow to pay for all their overhead. If they start making less cars that also sends a signal.