• Sign Up! To view all forums and unlock additional cool features

    Welcome to the #1 Dodge, Jeep and RAM Forum dedicated to FCA owners and enthusiasts. Register for an account, it's free and it's easy, so don't hesitate to join the SRT Forum today!


How much in profits!

Magnified

Poster Club Hall of Fame
Founding Member
Member ID
#1155
Messages
11,710
Reactions
19,827
Likes
352
City
West Texas
State
TX
Country
United States
Vehicle
2017 Charger HC (once upon a time)
#21
It's making everything off shore. They do not lower prices when they do that. They just increase margins, and are fine with increased failure rates. I've posted about all that I was directly involved in ~ 20 years ago.

If you look at the 50s for example, corporate profit margins were around 7 % or so (and they did famously). Now, we're looking at what, 12 to 13 last I looked. This is not sustainable, and is the product of loss of manufacturing jobs. Turning a lump of ore into a steel beam is adding / creating value. Cooking a mcdonalds hamburger or making money with Tesla's stock is quite different.
 




Top