Forum Discussion
Pirate1
Dec 31, 2013Explorer
msmith1199 wrote:No, the ones going under are not a clue of bad profit margins. I personally know of a family business that did well for a long time, mansions, new vehicles for everyone every year, buPirate wrote:msmith1199 wrote:Therein lies one of the biggest problems of our country - what is a profit margin? Is it three houses, two, one in the Keys, one in Maine? How many cars? Capitalism greed has driven our companies to operate under this mantra of "my profits are too low" for too long to the point that their products suck or must be produced by low wage slaves out of the USA.
It probably wasn't caught because motorhome manufacturers are operating on the slimmest of profit margins.
Oh yeah, they are just raking in the bucks. The first clue is all the ones that went under. They just made so much money they sank under its weight. If this "profit is greed"******keeps up and keeps spreading at the rate it is spreading, then capitalism will be dead and we'll be a socialist or a communist Country and that will be so much better. Then under the Government run motorhome factories nobody will ever make a mistake with a screw driver because they get their hand cut off if they do.
t they leased and spent like no tomorrow. When the music stopped, no payments could be made on leases. Company is dead. Well, funny how they all still live in mansions. It was their own greed and stupidity that did it. So, what is a profit margin that is best for the owner but best for the company and product?
Edit:
http://www.marketwatch.com/story/thor-industries-q4-profit-up-20-on-stronger-sales-2012-09-26
Of course, this doesn't show the entire picture since we don't know who the shareholders are.
About Motorhome Group
38,766 PostsLatest Activity: Jan 29, 2026