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General Motors | CORRESP: CORRESP

通用汽車 | CORRESP:信函

美股sec公告 ·  01/29 14:46
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General Motors Company (GM) has addressed the U.S. Securities and Exchange Commission's (SEC) comments on its Form 10-K for the fiscal year ended December 31, 2022. In a letter dated January 29, 2024, GM responded to the SEC's request for additional information on liquidity and capital resources, specifically regarding the consolidation of segment cash flows. GM committed to providing quantitative disclosures in future filings to clarify consolidated cash flow amounts. Additionally, GM clarified its revenue recognition policies, particularly concerning vehicle transfers to rental car companies. The company detailed changes to its remarketing procedures since 2017, explaining the phasing out of certain programs and the implementation of new practices that ensure vehicles are sold before ownership reverts to GM. These changes have led GM to account for all transactions with rental car companies as sales, rather than leases. GM's Vice President and Chief Accounting Officer, Christopher T. Hatto, signed the letter, expressing the company's commitment to compliance and enhanced disclosure in its filings.
General Motors Company (GM) has addressed the U.S. Securities and Exchange Commission's (SEC) comments on its Form 10-K for the fiscal year ended December 31, 2022. In a letter dated January 29, 2024, GM responded to the SEC's request for additional information on liquidity and capital resources, specifically regarding the consolidation of segment cash flows. GM committed to providing quantitative disclosures in future filings to clarify consolidated cash flow amounts. Additionally, GM clarified its revenue recognition policies, particularly concerning vehicle transfers to rental car companies. The company detailed changes to its remarketing procedures since 2017, explaining the phasing out of certain programs and the implementation of new practices that ensure vehicles are sold before ownership reverts to GM. These changes have led GM to account for all transactions with rental car companies as sales, rather than leases. GM's Vice President and Chief Accounting Officer, Christopher T. Hatto, signed the letter, expressing the company's commitment to compliance and enhanced disclosure in its filings.
通用汽車公司(GM)已經回應了美國證券交易委員會(SEC)對截至2022年12月31日財年的10-K表的評論。在2024年1月29日的一封信中,通用汽車回應了美國證券交易委員會關於提供有關流動性和資本資源的更多信息,特別是有關整合細分市場現金流的更多信息。通用汽車承諾在未來的文件中提供量化披露,以澄清合併的現金流金額。此外,通用汽車澄清了其收入確認政策,特別是有關向租車公司轉讓車輛的政策。該公司詳細介紹了自2017年以來其再營銷程序的變化,解釋了某些計劃的逐步取消以及確保在所有權歸通用汽車之前出售車輛的新措施的實施情況。這些變化導致通用汽車將與租車公司的所有交易記作銷售而不是租賃。通用汽車副總裁兼首席會計官克里斯托弗·哈託簽署了這封信,在文件中表達了公司對合規和加強披露的承諾。
通用汽車公司(GM)已經回應了美國證券交易委員會(SEC)對截至2022年12月31日財年的10-K表的評論。在2024年1月29日的一封信中,通用汽車回應了美國證券交易委員會關於提供有關流動性和資本資源的更多信息,特別是有關整合細分市場現金流的更多信息。通用汽車承諾在未來的文件中提供量化披露,以澄清合併的現金流金額。此外,通用汽車澄清了其收入確認政策,特別是有關向租車公司轉讓車輛的政策。該公司詳細介紹了自2017年以來其再營銷程序的變化,解釋了某些計劃的逐步取消以及確保在所有權歸通用汽車之前出售車輛的新措施的實施情況。這些變化導致通用汽車將與租車公司的所有交易記作銷售而不是租賃。通用汽車副總裁兼首席會計官克里斯托弗·哈託簽署了這封信,在文件中表達了公司對合規和加強披露的承諾。
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