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Q: Most profitable car company? ( No Answer,   3 Comments )
Subject: Most profitable car company?
Category: Business and Money > Finance
Asked by: injuninjun-ga
List Price: $10.00
Posted: 27 Nov 2005 19:13 PST
Expires: 27 Dec 2005 19:13 PST
Question ID: 598351
What were the 3 most profitable car companies in the world in 2003 and
2000 in US$ when measured in (a) profit per car sold (2) total profit?  

I bet somebody that BMW is.  Is there any sense in which it is?
There is no answer at this time.

Subject: Re: Most profitable car company?
From: frde-ga on 28 Nov 2005 05:39 PST
BMW is a privately owned company
- as such it can retain profits and reserves

It is probably better adapted to meet a downturn than most manufacturers
Subject: Re: Most profitable car company?
From: myoarin-ga on 28 Nov 2005 09:32 PST
BMW is not privately owned (the stock is quoted), but it is closely
held by the Quandt family, so to some extent it can take a longer view
and not bow to broad market expectations of dividends and shareholder
Myoarin  (just back from four days sniffling and sneezing in London)
Subject: Re: Most profitable car company?
From: frde-ga on 29 Nov 2005 01:42 PST

Interesting, I did not realize BMW is quoted
- I remember chuckling when towards the end of the 'English Patient'
period, commentators were suggesting that the Quandts might sell up.

It would be interesting to see whether they really lost out on that exercize.

Avoid London in Winter - cold, wet and miserable.

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