Taters: you are right -it is an unfair comparison with respect to outsourcing, but i was addressing how some companies deal with making 'entry' level products without diluting the brand. Italy- I've spent time there, and around the cars. The manufacturing skills are amazing- and it isn't just the bigger factories, there are still skilled craftspeople there that can 'beat' panels and do incredible mechanical work. Labor costs have to be sky high, though. When I did the Targa Florio there a few years ago, I contemplated buying an old Alfa to run in the event, and the cars were more expensive there than here. In the midst of running that event, a local mechanic rewound the magneto in the car i was driving. Try to find somebody to do that in a few hours!
And, what they consider 'restored' in Italy is not to Pebble Beach standards- more that it runs and that the sheet metal and engine are sound. The car analogy only goes so far.
I don't really have a problem with outsourcing to China as a quality matter, if the manufacturer stays on top of it. The Chinese have proven to be able to create (or recreate, depending on your perspective), all sorts of goods at a high level.
Disclaimer: No political message is intended or implied by the foregoing, and I am not taking a position on "outsourcing to China" in connection with the upcoming U.S. election, or otherwise.