Mopar 1st half of 2023 makes $8.9 billion pre-tax profit

[AlexB]

For weeks & weeks, we had people having a lack of understanding, and quite frankly stubborn over the reality the company is quality of revenue per vehicle vs selling & production for sale of selling & production.

Well: $8.9 billion (€8,027 billion in €ur$ ) before taxes and interest

Its record profit despite a slight decline in margin to 17.5% vs 18.1% but revenue was higher so profit was up.

https://www.stellantis.com/content/dam/stellantis-corporate/news/press-releases/2023/july/26-07-2023/en/EN-Stellantis-NV-H1-2023-Results.pdf

 

[Ryanmo]

For weeks & weeks, we had people having a lack of understanding, and quite frankly stubborn over the reality the company is quality of revenue per vehicle vs selling & production for sale of selling & production.

Well: $8.9 billion (€8,027 billion in €ur$ ) before taxes and interest
View attachment 8436
Its record profit despite a slight decline in margin to 17.5% vs 18.1% but revenue was higher so profit was up.

https://www.stellantis.com/content/dam/stellantis-corporate/news/press-releases/2023/july/26-07-2023/en/EN-Stellantis-NV-H1-2023-Results.pdf

soccer skills world cup

That's a good thing!

 

[ChargerFan1]

Covid hangover that they're hoping to hang onto (produce less vehicles and over price them / gouge customers) but go look at inventory levels and how everything is down 40-50% sales wise lol