Monday, January 25, 2021
News Suzuki more profitable than BMW?

Suzuki more profitable than BMW?

We know, it sounds like a complete joke. Even after reading the news online, we still have a hard time believing it. Ernst & Young, one of the largest professional services and accounting firms in the world came up with this result.

Although it’s hard to believe, especially when we all remember what happened to Suzuki in North America a few years ago. The fact of the matter is that BMW remains the most profitable carmaker in the world so far this year but in the last quarter, Suzuki took the lead with an 11.8% profit margin while BMW returned only 11.4%.

Yes, that Suzuki. An Ernst & Young consultant identified #Dieselgate, a brewing trade war between the U.S. and China as two factors of the many factors that influenced these results.

On the world market, Suzuki has outsold the likes of Kia, Renault, Mazda and a number of makes for a number of years. Suzuki’s much bigger than we think.

Trending Now

BMW Looking to Simplify Models, Lineup to Pay for EVs

Finance boss says brand looking to reduce options including engines BMW needs to pay for EV development, build margins The ever-increasing expansion of models...

2021 Dodge Durango SRT Hellcat Nearly Sold Out

All orders taken, some dealers have allocated vehicles 710 hp SUV does everything fast What's quicker than the 700+ hp supercharged Dodge Durango SRT...

2021 Buick Envision Adds Avenir, Starts From $37,595

All-New Envision gets Avenir, Sport Touring Sole engine a 2.0L 228 hp turbo-four Buick has just officially revealed the all-new second-generation Envision for 2021....

A 702Hp Ram TRX Too Pedestrian? Hennessey Can Fix That

The Hennessey Mammoth, a tuned TRX, makes 1,012 horsepower. Torque climbs to a whopping 969lbs. The 0-60mph time drops from 4.5 to 3.2...

Spyker’s Comeback Is Over Following CEO’s Bankruptcy

Spyker’s plans included two supercars and one SUV. This means the superb C8 Preliator Spyder may never see the light of day. Spyker has...
Matt St-Pierre
Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.