(Many thanks to Michael Briskie for some insight on this! — JB)
The import/export business can be confusing – just ask George Costanza. What used to be American-as-apple-pie brands like Cadillac and Buick are now putting Chinese built inventory into their patriotic showrooms, and the CT-6 Hybrid and Buick Envision are just the start. By next year, the Ford Focus will be on the list as well. This nonsensical supply chain is a head scratcher for sure, leaving us with new terms to understand like “domestic imports,” and “American designed.” However there is an even stranger case in the export markets. How can anyone explain why six figure luxury German SUVs manufactured at a Mercedes plant in Alabama, or a BMW factory in South Carolina, built by Americans and intended for Americans, end up being shipped by the tens of thousands bound for mainland China? The globalization meter is getting turned up to 11.
The other day a curious Craigslist post caught my eye while searching the classifieds for another bad financial decision. I had entered “Must Sell” in the home page keyword search, which if you don’t know, is the expert way to find interesting deals on wheels. Buried in between the listings of rotting MG’s and partially completed Chevy Nova restorations was a headline that proudly exclaimed “Luxury Auto Buyer — $3000 to $5000 per car!!!!” Along with it was a picture of a shiny Range Rover Sport.