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.Photographer: Bing Guan/Bloomberg

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.