Carbitrage.
Title: | Carbitrage. |
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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 |
ISSN: | 00156914 |
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Published in: | Forbes |
Language: | English |