Cafe Ruling

[mc25t190]

I was thinking more along the lines of them not developing new cars. I agree that they can have power and fuel economy. I just hope they don't stop what seems to have started with the production of these powerful cars. I understand the accounting, if it doesn't make sense, don't build it. I just hope this doesn't curb innovation of the design of cars. I know they can figure a way to build them with power and fuel economy, just don't slow down building them or creating them.

[Unreal]

I know in my little company, we spend 11 months trying to maximize profits, and then spend December trying to find ways to reduce them. (particularly in "non-cash" ways) Profit is what you pay taxes on; Cash is what you pull out to spend. So you want to minimize profit, while maximizing cash, which usually means a hit to the balance sheet (of little consequence, unless you are trying to borrow money, or sell the company)

[YENKO DEUCE REGISTRY]

'a hit to the balance sheet'??

[Keith Tedford]

The CAFE ruling has turned the Oshawa car plant plans upside down. Between cancelling some cars and moving a Cadillac model to the US, all they have left is the Camaro and that certainly won't carry a full production schedule. The plant is doing a massive change over from two separate lines to a one line flex setup. I believe that the Canadian government has put close to half a billion dollars into the project. It's the last thing that the big three need to hit them at this point.