I’m pretty sure the USSR, Cuba, and the like never succeeded doing this sort of thing, but maybe if we hit ourselves in the head with the same hammer (and sickle) just one more time it will work?
Absolutely. In areas where there are known quality options, people are clearly willing to pay more. Toyota for instance is a solid example of this.
Automobiles are large, expensive purchases with a relatively small set of options though... For most purchases, it's impossible to determine quality ahead of time.