Power with Control
And you can't sell MORE cars at inflated prices either. Catch 22?
See, those prices are not inflated. That's the problem with low volume single platform vehicles. No economies of scale.
General Motors Operating Margin 2010-2023 | GM
Current and historical operating margin for General Motors (GM) over the last 10 years. The current operating profit margin for General Motors as of March 31, 2023 is <strong>6.95%</strong>.
7% aint much. And I'll bet most of that comes from trucks and SUVs.