Tag: goodwill

By on February 18, 2013

GM’s European dealers had their run-ins with the company lately, but wait until their read GM’s annual report to the Security and Exchange Commission. In its 2012 10K, GM writes about its European dealer network:

“To determine the estimated fair value of the dealer network, we used the cost approach with adjustments in value for the overcapacity of dealers and the sales environment in the region. We determined the fair value to be $0.

Wait, there is less … (Read More…)

By on February 15, 2013

So you think GM had a big profit last year? There are other people who say that GM should have reported a $30 billion loss. At least as long as GAAP (Generally Accepted Accounting Principles) are applied. How did that happen? It’s a puzzle palace of assets out of thin air, of non-paid taxes on assumed future earnings. It started in 2010 … (Read More…)

Recent Comments

  • Re: Piston Slap: 4Runner to A New Life?

    28-Cars-Later - “I think those older LN3 equipped cars are solid, but not immune from failing engine sensors as they age.” The Church of 3800 takes a dim...
  • Re: Thank You And Goodbye (Sort Of)

    Stumpaster - Not to sound too nationalistic, but that means we are left with largely Canadian contributors content, anonymous articles and reviews by people of their own...
  • Re: Thank You And Goodbye (Sort Of)

    sgeffe - BBC using that as overdub. I would have thought that was a rumor!! (:: Rim-shot! ::)
  • Re: Thank You And Goodbye (Sort Of)

    sgeffe - About to write a “spleen-vent” to VerticalJoke corporate, for all the good it’ll do.
  • Re: Thank You And Goodbye (Sort Of)

    sgeffe - Ed already got in with said head-(or-ego)-shoved-up-backsi de, flying-v [derogatory four-letter word describing someone of German ancestry, rhyming with...
  • Re: Thank You And Goodbye (Sort Of)

    cpthaddock - Appreciate the insight Jack and I’m glad that Doug’s happy with the jalopnik thing. Sadly J keeps me too much in mind of the “we’re all...
  • Re: Piston Slap: 4Runner to A New Life?

    ajla - Well the transmission has made it 25 years so far. I think you’ve got me killed in resale value though… I was really just joking with my comment....
  • Re: Thank You And Goodbye (Sort Of)

    niky - I tried to comment on the original, and then it disappeared for a few hours. I was thinking “CENSORSHIP”… ; and now it’s back, and I’m...
  • Re: GM: Colorado, Canyon Aimed At Small Crossover, Pickup Shoppers

    krhodes1 - I can fit Billy bookcases in my BMW wagon easily. But I swear every Euro wagon is designed around those things. Count me as one...
  • Re: Piston Slap: 4Runner to A New Life?

    gtemnykh - Hmm, that’s quite a claim! If I were a betting man I’d put my money on the 5vzfe and Aisin A340F, although ignoring the timing belt interval on...

New Car Research

Get a Free Dealer Quote

Staff

  • Authors

  • Brendan McAleer, Canada
  • Marcelo De Vasconcellos, Brazil
  • Matthias Gasnier, Australia
  • Tycho de Feyter, China
  • W. Christian 'Mental' Ward, Abu Dhabi
  • Mark Stevenson, Canada
  • Faisal Ali Khan, India