Results 1 to 3 of 3

Thread: Master of the Ego meets the Banana..

  1. #1
    Join Date
    Jun 2004
    Location
    TUJUNGA, CALIFORNIA U.S of A.
    Posts
    4,208

    Master of the Ego meets the Banana..

    The attached article helps to illustrate the vagaries of what really happens when an automaker's captive finance company overstates residuals...

    BMW - $372M hit for rapid depreciation and defaults in leased cars! - AutoSpies Auto News
    Some Rulers Are Immortalized In Marble Others,
    In Carbon Fiber.{Hard Core Audi Fan}Ich Fahr Omnibus!
    """""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""

  2. #2
    Join Date
    Dec 2003
    Location
    nr Edinburgh, Whisky-soaked Scotland
    Posts
    27,775
    Well it's really just making sure it can ship what is planned and built by production.

    I woudl suggest this was actually the accountants solution to ensure they stayed profitable (!) and in business.

    If you've built it then it's better to sell it for no profit and even a loss if it means survival.
    Businesses survive by CASH FLOW ... not just profit !!
    "A woman without curves is like a road without bends, you might get to your destination quicker but the ride is boring as hell'

  3. #3
    Join Date
    Jun 2004
    Location
    TUJUNGA, CALIFORNIA U.S of A.
    Posts
    4,208
    Quote Originally Posted by Matra et Alpine View Post
    Well it's really just making sure it can ship what is planned and built by production.

    I woudl suggest this was actually the accountants solution to ensure they stayed profitable (!) and in business.

    If you've built it then it's better to sell it for no profit and even a loss if it means survival.
    Businesses survive by CASH FLOW ... not just profit !!
    Matra my friend how are!!!!! you should take-over BMW bro....
    Some Rulers Are Immortalized In Marble Others,
    In Carbon Fiber.{Hard Core Audi Fan}Ich Fahr Omnibus!
    """""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Rinspeed Mono Ego Concept
    By Vaigra in forum Matt's Hi-Res Hide-Out
    Replies: 4
    Last Post: 06-16-2006, 12:59 PM
  2. Your all time favourite song
    By 6'bore in forum Miscellaneous
    Replies: 16
    Last Post: 07-14-2005, 06:12 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •