3 ms·
Slim margins say nothing about competitiveness. You can lose money in uncompetitive or competitive markets. You can have huge margins in competitive ones. Also
by grumple 3y ago
Slim margins say nothing about competitiveness. You can lose money in uncompetitive or competitive markets. You can have huge margins in competitive ones.
Also I don't think the 10.5% profit margin of Mercedes is low - the average for the S&P 500 is 11%.