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0_____0
9 months ago
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Car companies are in a billion-dollar software war
That doesn't seem unusual for automotive. What number were you expecting to see?
lotsofpulp
9 months ago
[–]
It's not about unusual, just that a low profit margin in a volatile industry is (with a downward trend in sales for almost 10 years), by definition, not making money hand over fist. That is why their market cap graph looks like this:
https://companiesmarketcap.com/mazda/marketcap/
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