[crocal]

Profit margins in automotive are typically single digits. Edit: Added « margins »

[mbesto]

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.

[11thEarlOfMar]

Toyota appears to be 2nd best with ~20%. GM, BMW are suffering <10%, as you point out.

[bryanlarsen]

Profit margins are single digits yes, but gross margins are typically 20% or so.

[11thEarlOfMar]

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%