Car and Driver magazine offers a story about a world globalized enough that people in China want the same cars that are offered in the U.S., but not globalized enough that the price is the same in China and the U.S.: “How I Bought Millions of Dollars’ Worth of Luxury Cars and Got Blacklisted by Jaguar Land Rover, Mercedes, and Porsche”
the current base price of a new Range Rover is $88,345 here, but it starts at 1,518,000 yuan in China, which is about $240,000.
an enterprising individual can make $10,000 this month buying luxury cars. You need a heartbeat, a driver’s license, and that’s about it.
See also “How Michelin Is Trying to Reinvent the Wheel: Michelin’s flexible wheel protects a car’s footwear from crumbling roads.” in which we learn that Americans insist on buying tires and wheels that would make sense on smooth European roads (see “U.S. versus German infrastructure spending and results“) and the inevitable current result is purchasing a lot of replacement wheels and tires (but we’re still saving the planet if these are mounted on a Tesla?).