Suzuki Pips BMW to Become Most Profitable Car Manufacturer Globally, Maruti Largest Contributor - Mercedes Benz SLK Forum

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Suzuki Pips BMW to Become Most Profitable Car Manufacturer Globally, Maruti Largest Contributor

Japanese carmaker Suzuki has overtaken BMW to become the most profitable carmaker with profit margins of 11.8 percent, in comparison to the German manufacturer’s 11.4 percent. The Munich-based company has had a tough few years after losing the title of world’s largest seller of luxury vehicles to rival Mercedes in 2016.

According to a study by Ernst and Young, BMW’s lower profits can be attributed to ongoing diesel scandals and, more recently, losses from US trade tariffs. However, they still remain the most profitable carmaker for the year as Suzuki went past them only in the last quarter.

German carmaker BMW is no longer the most profitable in the world, a new EY study of second-quarter business shows. Suzuki has taken pole position with a profit margin of 11.8% while BMW has only 11.4%

click here for the rest of the Germans

https://ycharts.com/companies/DDAIF/profit_margin

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