Tuesday, April 16, 2024
NewsSuzuki 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.

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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

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