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Old 25-09-2019, 08:50 PM   #835
Syndrome
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Default Re: Will the Holden brand survive?

Quote:
Originally Posted by jpd80 View Post
Just to give some perspective regarding sales and profitability in this country,
let's take Toyota's most recent achievement for FY19 (tax year ends March 31, 2019)...LINK
Toyota Australia FY19:
After tax profit was $209 Million
Sales were 223,096...


I know this is simple math but that works out to an average of $936 per vehicle.
Now three things are possible,

1. Toyota operates on very skinny margins on all vehicles?
(unlikely)

2. A lot of Toyota's vehicles make little or no money?
( Maybe vehicles below say $40K don't add much profit?)

3. A crap ton of price transferring is going on?
(Products from Asia sold to Toyota Aust at near full retail price?)

Not disparaging Toyota's strong sales in Australia but just be aware that either
they're not making all that much money or it's being sneakily siphoned off
to another region.

When you consider those are the figures on the runaway sales leader in Australia,
you have to wonder what's in it for the others....

My experience says it is option 3 with the profits going back to the head office.
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