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So their debt is almost more like bonds (E: maybe bank loan is a better equivalent) than what most people would think of as debt? Like, if they stopped selling
by ZephyrBlu 4y ago
So their debt is almost more like bonds (E: maybe bank loan is a better equivalent) than what most people would think of as debt?
Like, if they stopped selling cars today they would theoretically recoup all of that debt once all the cars they've sold have been fully paid off via financing.
- WastingMyTime89 4y agoYes, in a lot of way, modern car companies are actually banks which happen to manufacture cars.