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Re:‘A huge blunder’: GM’s decision to ditch CarPlay, Android... by scarface74 on Saturday April 15, 2023 @04:01AM (#35578616)
How is a car a “high margin” item when GMs profit margin was less than 5% last year?
Re:‘A huge blunder’: GM’s decision to ditch CarPlay, Android... by Mesopropithecus on Saturday April 15, 2023 @05:46AM (#35579082)
The raw margin (per unit) can be high even when the manufacturer is a poorly run company.
Re:‘A huge blunder’: GM’s decision to ditch CarPlay, Android... by sokoloff on Saturday April 15, 2023 @06:23AM (#35579253)
It can be, but it’s not in the case of commodity auto makers. GM’s gross profit margin was a little under 14% for the quarter ending Dec 2022.