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I am from Brazil... here car manufacturers are wildly profitable, it is not uncommon for some models be sold to final costumers with profit margins after taxes
by speeder 10y ago
I am from Brazil... here car manufacturers are wildly profitable, it is not uncommon for some models be sold to final costumers with profit margins after taxes of around 30, 40%.
EDIT: also in US in recent years, C-level people had income increases of around 1000%, and mid-level execs of 475%... so lots of money ended in their pockets, many companies that make no profits make no profits because most of what could been profits were used to pay outrageous amounts of money to a small handful of people.