Finally, as Max Warburton, an analyst with Bernstein Research, notes, GM has suffered as much from a price problem as from a cost problem.

最后，如伯恩斯坦研究院的分析师马克思·沃伯顿所说，通用在价格方面的所承受的和花费方面的一样多。

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Max Warburton of BernsteinResearch reckons the firm may now be generating 4-5% margins, despite its clapped-out range of models.

ECONOMIST: General Motors' IPO

Finally, as Max Warburton, an analyst with Bernstein Research, notes, GM has suffered as much from a price problem as from a cost problem.

ECONOMIST: The bankruptcy of General Motors

That gave Great Wall, at least temporarily, the global auto industry's fattest gross profit margin at 28 percent, according to Bernstein Research analyst Max Warburton.

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