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by MuffinFlavored 2072 days ago
How do this compare to Toyota, Mercedes, BMW, etc?
1 comments

Profit margins in automotive are typically single digits. Edit: Added « margins »
Profit margins also notoriously can be manipulated.

Not all financial statements are created equal. As much as I hate to say this, this is basically why financial analysts who study stocks exist.

Toyota appears to be 2nd best with ~20%. GM, BMW are suffering <10%, as you point out.
Profit margins are single digits yes, but gross margins are typically 20% or so.
Here's the margins on GM:

https://www.macrotrends.net/stocks/charts/GM/general-motors/...

Gross Margin (profit before fixed expenses): ~8%

Net Margin (final profit): 1%