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ZL-1

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Everything posted by ZL-1

  1. the enclave has that short look on its front end too. i'd call it 'compact looking', in the sense of not looking over streched. maybe that's a new Buick design cue...
  2. ZL-1 replied to Charger4U's topic in The Lounge
    tank
  3. ZL-1 replied to Newbiewar's topic in The Lounge
    The Towers are the most famous local landmark and Souk Shark is a huge mall not far from the Amir's palace right by the Gulf. A few 'clickies' from the internet:City during dust storm Chevrolets are fleeted over there as well Kuwait Towers Souk Sharq
  4. ZL-1 replied to Newbiewar's topic in The Lounge
    Say 'hi' to the Kuwait Towers and to Souk Sharq for me
  5. There's loads of camo, reg: look at lumps on the doors beneath the black camo. They're working hard to hide the car's shape from CGI-telented people :AH-HA_wink:
  6. What they're testing must be the 2.9L V6. The TTid 1.9L I4 would be an interesting alternative to the 520d as lower priced diesel (perfect for company car sales), but I don't know if there's a RWD version of that engine. On another note, it seems we in Europe will be stuck with the cheap-tuner-look white tail lights: and
  7. I don't like the Touran either: did you get any shots of a Golf Plus? And I too like the 407, and Peugeots in general.
  8. ZL-1 replied to Charger4U's topic in The Lounge
    dude, wtf? Slayer a hair band?Responde to thread: woman
  9. So, what's your impression of the Focus and Astra convertibles? Personally, I like the Astra more. The Focus' rear reminds me of a boat...
  10. Tiny correction (forgive me for being so picky): the <maxx> is in fact a 5-door Astra :AH-HA_wink:
  11. ZL-1 replied to Charger4U's topic in The Lounge
    Slayer Divine Intervention = one of Slayer's albums
  12. I'm wondering if we'll see some rendering or cgi soon. I'd sure like to see it!
  13. ZL-1 replied to Charger4U's topic in The Lounge
    Divine
  14. I wonder if the 180hp 1.6L turbo would demand "too much emissions work" as well...
  15. E-mail him again and tell him to
  16. You rule! The way the c-pillar blends into the decklid seems to have some added disguise beneath the camo. That's why the proportions look a bit strange...
  17. Cool! When does the diesel start production?
  18. ZL-1 replied to Charger4U's topic in The Lounge
    affection
  19. My understanding is the cash outflow of $35bn will not be expensed in the P&L, but the difference between the $50bn and the $35bn will be recognized as a gain from debt reduction in the P&L. I have no idea re the tax treatment: trying to navigate through Tax Law complexity in Portugal is more than enough for me It will free upcash flow in the future, and that's the main point of a deal such as this. Just out of dumb simplicity: $50bn equals some 10 Lambda platforms worth of development money, perhaps? Again, that's the interesting result from the agreement. My question comes out of curiosity as to how it will be presented in the accounts :AH-HA_wink:
  20. I believe these $50bn are the NPV of future expected healthcare liabilities, right? If you pay $35bn to get rid of a liability of $50bn, you have to account for that $15bn gain somehow, correct?I was only asking how that works with regard to US GAAP, since I don't work with your standards: does one recognize the gain in one go, or use accruals/deferrals? EDIT - From FAS 145 it follows it is accounted for as 'extraordinary item' or 'unusual item'. My reading leans to recognizing it in one go (I didn't check the APB Opinion related to it), so this will show up in GM's income statement in one of the next few Qs.
  21. Replacing $50bn in healthcare liabilities with $35bn in bank debt represents a gain of $15bn.I'm not sure what US GAAP treatment of this is: is the $15bn gain recorded on this year's P&L, or does it go to an accruals/deferrals account to be recognized over a number of years?
  22. ZL-1 replied to Charger4U's topic in The Lounge
    gut
  23. Portuguese, yes. Unfortunately, she's married.
  24. ZL-1 replied to Charger4U's topic in The Lounge
    ribs since we're in the subject of food
  25. It seems common sense prevailed since an agreement was reached. Now let's hope the workers' vote goes well too. Paying 70% of the $51bn unfunded healthcare liablilities would mean paying roughly $36bn, a large amount of money. But hopefully, once this is paid for, GM can once more be a car manufacturer instead of a healthcare and retirement pension provider.

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