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SUVs Get Parked in the Sea, Revealing Scope of U.S. Auto Market Glut

  • Roughly 2,000 Nissans spend almost a week floating offshore
  • A shipper says packed lots are unlike anything he’s ever seen
New vehicles are parked inside an auto terminal at the Port of Los Angeles on April 28.
New vehicles are parked inside an auto terminal at the Port of Los Angeles on April 28.Photographer: Bing Guan/Bloomberg
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The length of almost two football fields, the cargo ship Jupiter Spirit arrived in Los Angeles’ harbor on April 24 after an almost three-week journey from Japan, ready to unload its cargo of about 2,000 Nissan Armada SUVs, Rogue crossovers and Infiniti sedans in a quick, half-day operation.

But when the ship, operated by Nissan Motor Co.’s freight arm, got about a mile offshore, its captain was ordered to drop anchor. And there the ship remained for almost a week -- a floating symbol of an unprecedented logjam as nearby storage lots covering hundreds of acres overflowed with vehicles that Americans suddenly have little desire to purchase.