Description

Book Synopsis

In the 1970s, as car enthusiasts in the U.S. grew bored with models manufactured under tightening pollution and safety regulations, some innovative dealers exploited a legal loophole--designed to allow U.S. soldiers and diplomats to return from abroad with their vehicles--to import exotic cars never intended for sale in America. During the 1980s, a rise in the value of the dollar made car shopping in Europe a bargain hunter''s dream. A network of unauthorized gray market importers and conversion shops emerged, bypassing factory channels and retrofitting cars to meet U.S. regulations and emission standards--at least in theory.

These cars had to pass through U.S. customs, a system equipped to handle only a few independent imports annually. As applications ballooned, the regulatory system collapsed. This is the story of a misunderstood but fascinating period in the automotive industry, when creative importers found ways to put American motorists in new Ferraris while the E

Table of Contents

  • Preface
  • Introduction
  •  1. Congress and Cars
  •  2. Small Importers and Their Reactions
  •  3. The First Compliance Shops
  •  4. Making Them Pass
  •  5. The Stoichiometric Closed Loop Electronic Feedback Controlled Breakthrough
  •  6. The Boom
  •  7. More Fuel on the Fire
  •  8. In the Workshop
  •  9. The Independent Labs
  • 10. The Shine Rubs Off
  • 11. Meanwhile, at Lamborghini
  • 12. The Factories Push Back
  • 13. An Inaction of Congress
  • 14. The Market Winds Down
  • 15. Lessons of the Gray Market
  • Chapter Notes
  • Bibliography
  • Index

The Automotive Gray Market

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Order before 4pm today for delivery by Tue 23 Dec 2025.

A Paperback by John B. Hege

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    View other formats and editions of The Automotive Gray Market by John B. Hege

    Publisher: McFarland & Co Inc
    Publication Date: 4/18/2022 12:00:00 AM
    ISBN13: 9780786463732, 978-0786463732
    ISBN10: 0786463732

    Description

    Book Synopsis

    In the 1970s, as car enthusiasts in the U.S. grew bored with models manufactured under tightening pollution and safety regulations, some innovative dealers exploited a legal loophole--designed to allow U.S. soldiers and diplomats to return from abroad with their vehicles--to import exotic cars never intended for sale in America. During the 1980s, a rise in the value of the dollar made car shopping in Europe a bargain hunter''s dream. A network of unauthorized gray market importers and conversion shops emerged, bypassing factory channels and retrofitting cars to meet U.S. regulations and emission standards--at least in theory.

    These cars had to pass through U.S. customs, a system equipped to handle only a few independent imports annually. As applications ballooned, the regulatory system collapsed. This is the story of a misunderstood but fascinating period in the automotive industry, when creative importers found ways to put American motorists in new Ferraris while the E

    Table of Contents

    • Preface
    • Introduction
    •  1. Congress and Cars
    •  2. Small Importers and Their Reactions
    •  3. The First Compliance Shops
    •  4. Making Them Pass
    •  5. The Stoichiometric Closed Loop Electronic Feedback Controlled Breakthrough
    •  6. The Boom
    •  7. More Fuel on the Fire
    •  8. In the Workshop
    •  9. The Independent Labs
    • 10. The Shine Rubs Off
    • 11. Meanwhile, at Lamborghini
    • 12. The Factories Push Back
    • 13. An Inaction of Congress
    • 14. The Market Winds Down
    • 15. Lessons of the Gray Market
    • Chapter Notes
    • Bibliography
    • Index

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