Car manufacturer's profits 2015-16

[FROSTYBALLS]

Taken from Auto Express (figures in US dollars) -

Volkswagen $1.5bn loss

Suzuki just under $1bn profit

PSA $1bn profit (Peugeot/Citroen)

Mazda just over $1bn profit

Tata Motors $1.7bn profit

Kia $2.3bn profit

Honda $2.9bn profit

Renault $3.1bn profit

Nissan $4.4bn profit

SAIC $4.7bn profit

Hyundai Motors $5.7bn profit

Group BMW $7bn profit

Ford $7.4bn profit

Daimler $9.3bn profit

GM $9.7bn profit

Toyota $19.3bn profit

 

 

 

[MikeSh]

Worldwide presumably.

Toyota is twice the nearest rival ... we're obviously paying too much for these cars 

I wonder where VW would have been without dieselgate?

[FROSTYBALLS]

As regards profit margins, VAG has been bolstered by the performance of their luxury marques, with an average profit margin of around 5% (VW being less than 3%).

Toyota has a profit margin of around 7%. 

Comes of chasing volume (VW) rather than profit (Toyota).

Headline from a recent Der Spiegel article on Volkswagen in October -  Volkswagen is struggling. The diesel emissions scandal, slim profit margins and a leadership shake-up have challenged the automobile company.