Posts Tagged ‘general motors’

Car market feels the pinch November 8th, 2008

US car giant General Motors (GM) said it would run out of cash in the first half of 2009 if economic and market conditions did not improve. This follows the announcement that third quarter losses hit £2.66bn. (more…)

Tags:
Posted in Automobiles | 4 Comments »



  • Selection from Glossary

    • Debtor Days
      Debtor days show the length of time it takes customers to settle their accounts. If the credit control function is effective in chasing debt this figure will be in line with companies debtor policy. It should be lower if the company offers early payment discounts.