Glossary / General

profit margins

15 Episode Mentions
Too Afraid to Ask

Profit margins show how much money a car company makes after covering its costs. If profit margins go down, it means they are making less money on each car they sell.

Technical Definition

Profit margins refer to the difference between the cost of producing a vehicle and the price at which it is sold. When profit margins erode, it means that manufacturers are making less money on each vehicle sold, which can impact their overall financial health.

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