gizze Posted August 3, 2006 Report Share Posted August 3, 2006 If I go back 10 years we paid £45k for our first terrace house, which had a mortgage of around £300 a month I think it was, if you look at old car mags from then and look at the leasing adverts from that time a BMW 316i is £199 a month. The same house we bought for £45k has recently been advrtised for £139k, which would make the mortgage around £800 a month I would guess. In the grand scale of things what is another £179 a month these days? Link to comment Share on other sites More sharing options...
cruiser647 Posted August 3, 2006 Report Share Posted August 3, 2006 [ QUOTE ] They have a retained profit per unit (the measure for the car business) in the very high teens percentage (17.4% when I last looked). The next best (BMW - 11.2% - followed by Toyota - 10.3% -) are only just into double digit percentile unit profit [/ QUOTE ] Another viewer would say that they are well into double digit percentile unit profit. Depends where you look at it from. Also, GM would have made a profit this quarter but for some write down costs. These write down costs will reduce and I think GM will start to make more than just operating profit again. Sales in the US grew for GM. Link to comment Share on other sites More sharing options...
Gareth Posted August 3, 2006 Report Share Posted August 3, 2006 [ QUOTE ] [ QUOTE ] They have a retained profit per unit (the measure for the car business) in the very high teens percentage (17.4% when I last looked). The next best (BMW - 11.2% - followed by Toyota - 10.3% -) are only just into double digit percentile unit profit [/ QUOTE ] Another viewer would say that they are well into double digit percentile unit profit. Depends where you look at it from. Also, GM would have made a profit this quarter but for some write down costs. These write down costs will reduce and I think GM will start to make more than just operating profit again. Sales in the US grew for GM. [/ QUOTE ] Not sure I follow your first sentence there in the reply ? Link to comment Share on other sites More sharing options...
cruiser647 Posted August 3, 2006 Report Share Posted August 3, 2006 [ QUOTE ] Another viewer would say that they are well into double digit percentile unit profit. Depends where you look at it from. [/ QUOTE ] Well, Porsche would say that they are flying away with 17% unit margin growth or whatever it is. They will also say that trailing way behind them is Toyota and BMW who are only just into double digit growth. Whereas, BMW Finance men will talk the 11% up and say they are only just behind Porsche who are at 17%, so double digit growth at 11% in this climate is pretty damn good. Hence the 'depends where you are looking from' bit. The news and governments play this statistics game all the time with the crime figures/unemployment figures etc etc. They can make figures seem large or small on different wording or even emphasis on some words. Link to comment Share on other sites More sharing options...
Gareth Posted August 3, 2006 Report Share Posted August 3, 2006 [ QUOTE ] [ QUOTE ] Another viewer would say that they are well into double digit percentile unit profit. Depends where you look at it from. [/ QUOTE ] Well, Porsche would say that they are flying away with 17% unit margin growth or whatever it is. They will also say that trailing way behind them is Toyota and BMW who are only just into double digit growth. Whereas, BMW Finance men will talk the 11% up and say they are only just behind Porsche who are at 17%, so double digit growth at 11% in this climate is pretty damn good. Hence the 'depends where you are looking from' bit. The news and governments play this statistics game all the time with the crime figures/unemployment figures etc etc. They can make figures seem large or small on different wording or even emphasis on some words. [/ QUOTE ] er..well the figures I quoted are not from the individual manufacturers blowing their trumpet but from trusted automtove industry analysts who have pored over the figures. Also I have quoted these figures as margin increases but (as I said before) they are the industry standard of retained profit per unit. Manufacturers of any consumer product can only dream of a 17% increase in operating margin!! Link to comment Share on other sites More sharing options...
cruiser647 Posted August 3, 2006 Report Share Posted August 3, 2006 Don't worry Gareth, not doubting the facts or your integrity , just saying how these figures can be interpreted by the different camps As you can tell, I hate how stats are used. Link to comment Share on other sites More sharing options...
Ian_C Posted August 3, 2006 Report Share Posted August 3, 2006 Agree with Cruiser - the stats are strange - Renault and Nissan are both in there despite being basically one company nowdays. Ian Link to comment Share on other sites More sharing options...
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