This ratio measures how profitable a company sells its inventory or merchandise. In other words, the gross profit ratio is essentially the percentage markup on merchandise from its cost. This is the pure profit from the sale of inventory that can go to paying operating expenses. Gross margin ratio is often confused with the profit margin ratio, but the two ratios are completely different.
General Motors is asking Saturn dealers to have one or more of the competing models in the showroom so customers can look at it, sit in it and drive it. Of course, Saturn dealers can't sell you an Accord or Camry.
Later this year, Chevrolet dealers will be doing the same thing as they introduce customers to the redesigned Chevrolet Malibu, which shares its engineering platform with the Aura.
In focus group research, GM has shown potential customers new GM models next to competing vehicles with all brand identifications removed and, said LaNeve, customers have reacted well to the GM products.
Another advantage for GM dealers in having competing products on site is that customers may not need to set foot in a competing dealership before making a purchase decision.
Auto salespeople always research the competition, he said, and prepare advantageous comparisons to offer customers considering another product. So far this year, about 18, Auras have been sold, according to Autodata, a company that tracks car sales.
Part of the reason GM is willing to take this step, said LaNeve, is because the company has little to lose. Midsized sedan shoppers often don't even consider GM products, he said, instead going straight to Honda and Toyota dealers.
GM has sold about 48, of the current version of the Malibu so far this year. Meanwhile, Toyota has sold aboutCamrys. GM currently holds about a 70 percent market share in large SUVs, so there would be little to gain from bringing Toyota Sequoias into Chevrolet dealerships to compare to the Tahoe.General Motors Co.
reports financial results for the quarter ended December 31, We analyze the earnings along side the following peers of General Motors Co.
– Toyota Motor Corp. Sponsored ADR, Honda Motor Co., Ltd. Sponsored ADR and Gentex Corporation (TM-US, HMC-US and GNTX-US) that have also reported for this period.
GM must deliver industry best margins and revenue growth roughly equal to the growth rate of worldwide GDP on average over the next 10 years, just to justify today's price.
Case Study: Toyota’s Successful Strategy in Indonesia Strategic M&A, Partnerships, Joint Ventures, and Alliances Analysis of Financial Performance. What brings the comparison to mind is a recent comparison of the two companies' valuations.
At the close of the market on September 26, General Motors had a market capitalization of $ billion. General Motors's Quick, Working Capital, Debt to Equity, Leverage and Interest Coverage Ratio, Comparisons to Industry Sector and S&P Financial Terms; Technical Analysis; Fundamental Analysis; Energy Terms; Manufacturing Terms; Transportation Terms; General Motors Financial Strength Comparisons.
Select each GM's Category to get . General Motors (NYSE: GM) will release its first-quarter results and conduct a conference call with analysts on 26th April Average consensus market estimates expect the company to report.