AW Rev counter Q4 2024—earnings downturn deepens

Average revenue across the major OEMs rose by 2.1%, the sixth successive quarter of weaker revenue growth. By Jonathan Storey

1Average change in group revenue, 16 OEMs, Q4-24 -v- Q4-23, 2Average change in Ebit margin, 14 OEMs, Q4-24 -v- Q4-23,3Average change in sales volumes, 16 OEMs, Q4-24 -v- Q4-23. N.B. the volume figures for some OEMs include sales by non-consolidated ventures, particularly in China. So changes in volume are not fully comparable to changes in consolidated revenue. Q4 refers to fiscal Q3 for Japanese producers

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