The Truth About Cars » accounting http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Fri, 29 Apr 2016 19:27:59 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 GM to Suppliers: Open Your Factories, Books If You Want Long-Term Business http://www.thetruthaboutcars.com/2015/05/gm-suppliers-open-factories-books-want-long-term-business/ http://www.thetruthaboutcars.com/2015/05/gm-suppliers-open-factories-books-want-long-term-business/#comments Mon, 11 May 2015 14:46:31 +0000 http://www.thetruthaboutcars.com/?p=1065842 If you’re a parts supplier to General Motors, you have two choices: bid for business as it comes up or open your books and factories to skip the bidding process. According to Automotive News, the latter option is part of GM’s One Cost Model launched in 2013, allowing the automaker to analyse a supplier’s internal cost […]

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If you’re a parts supplier to General Motors, you have two choices: bid for business as it comes up or open your books and factories to skip the bidding process. According to Automotive News, the latter option is part of GM’s One Cost Model launched in 2013, allowing the automaker to analyse a supplier’s internal cost […]

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Analysis: Tesla Q1 2013 Results http://www.thetruthaboutcars.com/2013/05/analysis-tesla-q1-2013-results/ http://www.thetruthaboutcars.com/2013/05/analysis-tesla-q1-2013-results/#comments Thu, 09 May 2013 20:29:29 +0000 http://www.thetruthaboutcars.com/?p=488015 Tesla Motors, Inc. released its first quarter financial results yesterday, which featured a number of milestones for the auto maker. Among them, Tesla’s revenue rose 83% from the last quarter to $562 million, a record high for the company. Tesla also posted the first ever profitable quarter in its history, with a net income of […]

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Tesla Motors, Inc. released its first quarter financial results yesterday, which featured a number of milestones for the auto maker. Among them, Tesla’s revenue rose 83% from the last quarter to $562 million, a record high for the company. Tesla also posted the first ever profitable quarter in its history, with a net income of […]

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Aptera Ouster And Product Delay Confirmed http://www.thetruthaboutcars.com/2009/11/aptera-ouster-and-product-delay-confirmed/ http://www.thetruthaboutcars.com/2009/11/aptera-ouster-and-product-delay-confirmed/#comments Wed, 18 Nov 2009 20:12:25 +0000 http://www.thetruthaboutcars.com/?p=336057 After we posted our take on the reported ouster of EV startup Aptera’s founders, Popular Mechanics jumped in to deny the charge. The magazine dutifully reported that Aptera’s founders had conveniently decided to take a vacation, unquestioningly citing the assertions of Aptera CFO Marques McCammon. But it seems the underlying conflict– whether to go to […]

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After we posted our take on the reported ouster of EV startup Aptera’s founders, Popular Mechanics jumped in to deny the charge. The magazine dutifully reported that Aptera’s founders had conveniently decided to take a vacation, unquestioningly citing the assertions of Aptera CFO Marques McCammon. But it seems the underlying conflict– whether to go to […]

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GM’s Monday Earnings Report: Mind The GAAP http://www.thetruthaboutcars.com/2009/11/gms-monday-earnings-report-mind-the-gaap/ http://www.thetruthaboutcars.com/2009/11/gms-monday-earnings-report-mind-the-gaap/#comments Thu, 12 Nov 2009 22:18:55 +0000 http://www.thetruthaboutcars.com/?p=335167 Were you looking forward to GM’s first post-bankruptcy financial report, set to be released on Monday? We sure were. Right up until we read that the earning statement won’t be compliant with a little something called Generally Accepted Accounting Principles. Automotive News [sub] reports that GM will use so-called “managerial accounting,” (do we have an […]

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Were you looking forward to GM’s first post-bankruptcy financial report, set to be released on Monday? We sure were. Right up until we read that the earning statement won’t be compliant with a little something called Generally Accepted Accounting Principles. Automotive News [sub] reports that GM will use so-called “managerial accounting,” (do we have an […]

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