Chevrolet Corvette Stingray C7 Forum - View Single Post

stovt001 · 02-14-2008, 02:46 AM

Its just an accounting thing. Its a loss, but not the same type of loss as "well we built tons of cars we couldn't sell". It was strictly an accounting loss. It affects the valuation of the Company and its ability to perform to an extent.

02-14-2008, 02:46 AM	#18
stovt001 Drives: 2006 Cobalt, 2004 Taurus wagon Join Date: Oct 2007 Location: California Posts: 3,810	Its just an accounting thing. Its a loss, but not the same type of loss as "well we built tons of cars we couldn't sell". It was strictly an accounting loss. It affects the valuation of the Company and its ability to perform to an extent.