Quote:
Originally Posted by jrougeux
Yeah, since their income fell by 75% but revenue fell only by 10-20%, there's something else happening besides selling fewer cars.
I'd like to see how their cash flow compares from this year to last; net income can be easily swayed by write-downs or other special items, while cash flow is a better indicator of how much money the company actually has coming into its coffers.
Anyone have this information?
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Some serious expenses going on.
During times of recession there always seems to be a huge increase in R&D - whether it's technology or something else. We shall see
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