By Gary S. Vasilash
One of the things that hasn’t been mentioned about the burning then sinking of the Felicity Ace cargo ship, the vehicle carrier that caught fire on February 17, then sank this week in the Atlantic, is that there are now some 4,000 customers who are not going to be getting their Bentleys, Audis, Porsches, Lamborghinis, and Volkswagens anytime soon.
While there isn’t a specific brand or model delineation, Porsche has acknowledged that about 25% of the vehicles that are now sunk (possibly the charred husks of said vehicles), let’s face it: When it comes to Bentleys and Lambos, there is an inverse relation between their volume and their MSRP, so even if there are but a few, that is undoubtedly a big chunk of the estimated $438-million worth of cargo on board.
Audis, of course, are not inexpensive, but compared to the other three, not nearly as much. And Volkswagens, of course, are the everyman accessible brand among the group.
But those brands (all, incidentally, under the umbrella of the Volkswagen Group) are, like any right now, be it Ford or Toyota or Kia, still facing the chip shortage. Which means the ability to make vehicles is still restricted.
Which means there are some order-holders who will find their wait has just gotten that much longer.