Mazda destroys 4,703 shiny new cars worth $100 million


Wall Street Journal reports that Mazda decided to destroy "approximately $100 million worth of factory-new automobiles" that had been shipped on a tanker that tilted on route to the US.

The freighter, the Cougar Ace, spent weeks bobbing on the high seas, listing at a severe 60-degree angle, before finally being righted. The mishap created a dilemma: What to do with the cars? They had remained safely strapped down throughout the ordeal — but no one knew for sure what damage, if any, might be caused by dangling cars at such a steep angle for so long. Might corrosive fluids seep into chambers where they don't belong? Was the Cougar Ace now full of lemons?

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