Suzuki overtakes BMW to be world's most profitable carmaker
Thursday, August 23, 2018
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Long-running champion of the profit-per-vehicle game, BMW has been usurped by an unlikely challenger – Suzuki. Manager Magazin cites a study by Ernst & Young, which shows Suzuki enjoyed an 11.8 per cent profit margin during the second quarter of 2018, putting it ahead of BMW on 11.4 per cent. For those interested, Daimler (6.5 per cent) finished in sixth place, while the Volkswagen Group (6.5 per cent) was seventh.
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