.... While profits are down from the glory days on the big vehicles, Detroit companies still had a gross profit of $12,250 on each big SUV and $11,449 on each big pickup truck they sold in the first half of the year... The figure does not include incentives or other payments to dealers.
... By contrast, the companies made only $1,100 on every compact car they sold and $800 on every sub-compact...
NYT, July 28, 2006
I was always wondering why US has virtually no foreign cargo vans (except for Mercedes Sprinter sold as Dodge Sprinter). With $11,449 gross profit on pickups, I can see that restricting access to this market makes sen$e.
... By contrast, the companies made only $1,100 on every compact car they sold and $800 on every sub-compact...
NYT, July 28, 2006
I was always wondering why US has virtually no foreign cargo vans (except for Mercedes Sprinter sold as Dodge Sprinter). With $11,449 gross profit on pickups, I can see that restricting access to this market makes sen$e.