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Also, auto gross margins ex credits, came in at 17%. It marks the end of four consecutive quarters of margin decline, up from 16.3% in the Sep-23.
by mgiannopoulos 3y ago
Also, auto gross margins ex credits, came in at 17%. It marks the end of four consecutive quarters of margin decline, up from 16.3% in the Sep-23.
- 7e 3y agoFrom the statement, "Total GAAP gross margin" is still declining on a quarterly basis, to 17.6%. Your statement is also true because regulatory credit revenue is also down QoQ.