$1.00 A small-volume foreign auto maker limit
A small-volume foreign auto maker limits the number of its franchised dealers in the United States and gives them exclusive territories. There are also non-dealers who have no official connection with the manufacturer. They buy its cars overseas and sell them in the United States, a phenomenon sometimes called a “grey market.” If you are a manufacturer do you necessarily want the grey market to cease to exist? Why or why not? How about if you are a franchised dealer?