Amazon Prime Day 2024

Stay of execution: Ferari, Lambo and Porsche escape Philippine crusher

The exotic cars caught up in the Philippine smuggling controversy from Lamborghini, Ferrari, Porsche, and others were spared due to pending legal action. The owners of those high-end rides are hoping the legal system can help them regain their cars. Standing firm on her plan to crush the cars to discourage the rampant skirting of the law and smuggling of goods, Philippine President Gloria Arroyo went ahead with automotive destruction as planned, while the exotics sat out this round.

It didn't turn out to be quite the example-setting display of authority that President Arroyo had hoped. She didn't show - her backup helicopter was suffering a mechanical malady - and the officials that did attend took a few hours to get their act together and decide to smoosh some vehicles in the name of deterring smuggling. 18 vehicles eventually met the business end of a trio of backhoes, sending the message that Arroyo would rather forego the estimated $2 million US dollars the cars would have brought at auction. Instead of a multi-million dollar windfall, it looks like there's a new environmentally hazardous site at the Subic Bay Metropolitan Authority's impound, and the cars will be sold for scrap for the paltry sum of 150,000 Philippine pesos, a little more than $3,200. Finance secretary Margarito Teves acknowledged that the government would be foregoing revenues to send an anti-smuggling message.

Thanks for the tip, Alex!

[Source: Philippine Daily Inquirer via Autojab]

Share This Photo X