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To: Bill W was a conservative

These are retail sales, channel stuffing is wholesale numbers.


25 posted on 02/01/2013 6:27:38 PM PST by nascarnation (Baraq's economic policy: trickle up poverty)
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To: nascarnation

Originally Posted by General Motors Corporation 2007 Annual Report
“REVENUE RECOGNITION
Automotive Sales
Automotive sales consist primarily of revenue generated from the sale of vehicles. Vehicle sales are recorded when the title and risks and rewards of ownership have passed, which is generally when the vehicle is released to the carrier responsible for transporting vehicles to dealers.” Matters not whether units or dollars.


38 posted on 02/01/2013 7:07:41 PM PST by Bill W was a conservative (Profile, detain, interrogate, deport.)
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