Folks, cars are expensive. If you think fixing up your project car is pricey, imagine building millions of cars while also building millions of parts, creating all-new cars, developing new technologies, paying hundreds of thousands of people to work for you, and occasionally paying hefty fines for skirting emission rules.
We say this to help ease the blow from the information that follows. What blow are we talking about? In the time it’s taken you to read these this far, the 10 highest-earning car companies in the world made more money than you probably make in a year. Yes, a year.
That’s the word from a new study conducted by Uswitch, which gathered up data on annual revenue for the world’s top automakers. That information isn’t exactly secret – pretty much every company announces sales and revenue on at least a quarterly basis, if not monthly. And there’s always a yearly summary to bring it all into perspective, averaging out the highs and lows. The twist here is that Uswitch went the other direction by breaking down annual earnings all the way to earnings by the second. Yes, that means another yearly salary was earned by the top car brands while you read this paragraph.
For the full story, check out this article from Motor 1.