Re:‘A huge blunder’: GM’s decision to ditch CarPlay, Android...
by runlaszlorun on Saturday April 15, 2023 @09:36AM
(#35580519)
Is a car high-margin (as in profit)? I wouldn’t think they would be. Or perhaps you were using the term in the sense of a high dollar price point.
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Re:‘A huge blunder’: GM’s decision to ditch CarPlay, Android...
by lotsofpulp on Saturday April 15, 2023 @09:40AM
(#35580548)
Whatever the profit margin of an individual car is, the car manufacturing business is not a high profit margin business. GM/Toyota/Honda/Ford show 5%, to maybe 10% profit margins.
They would definitely benefit from convincing people to pay for 50%+ profit margin software as a service subscriptions.
Re:‘A huge blunder’: GM’s decision to ditch CarPlay, Android...
by dionidium on Saturday April 15, 2023 @10:06AM
(#35580740)
No, not really. Manufacturers make about 5%. Dealers make about 1-2%. People assume the margins are much higher because it's an expensive product, so there's a big gap between perception and reality.
See: https://cardealermagazine.co.uk/publish/how-much-profit-do-c...