Friday, 10 May 2019

Dirty cash probe finds booming Vancouver-China luxury car trade

In the scheme, buyers overseas use a local nominee to purchase a vehicle for immediate export -- a lucrative trade because a luxury car can cost double in China what it does in North America after a markup by manufacturers and taxes.



source https://www.autonews.com/retail/dirty-cash-probe-finds-booming-vancouver-china-luxury-car-trade

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