Carbitrage.

Bibliographic Details
Title: Carbitrage.
Authors: Munk, Nina (AUTHOR)
Source: Forbes. 8/14/1995, Vol. 156 Issue 4, p156-157. 2p. 2 Color Photographs.
Subject Terms: *Arbitrage, Corrupt practices in the automobile industry
Abstract: Reports how car dealers with national connections are turning high profits from the spread between luxury-car prices around the world. Examples of this method, called carbitrage, in which the dealer pays retail for a car, but knows he can sell it for much more in another country; American Motors Trenz GmbH as such a dealer; How it is not limited to American cars; Why Taiwan is a hot market for gray market Volvos, Mercedes and BMWs; Reaction from auto manufacturers.
Database: Business Source Complete
More Details
ISSN:00156914
Published in:Forbes
Language:English