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A comment on Renting Horsepower. Parent comment

Re:Renting Horsepower by konschubert on Thursday May 04, 2023 @04:14PM (#35821460)
The slim margins in the automotive sector would like to have a word with this argument.
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Re:Renting Horsepower by LunaSea on Thursday May 04, 2023 @04:33PM (#35821683)
The 14.8B € profits in 2022 would also like to have a word with your "slim margins".
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Re:Renting Horsepower by grumple on Thursday May 04, 2023 @04:27PM (#35821611)
Slim margins say nothing about competitiveness. You can lose money in uncompetitive or competitive markets. You can have huge margins in competitive ones.

Also I don't think the 10.5% profit margin of Mercedes is low - the average for the S&P 500 is 11%.

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