Aston Martin CEO Says Its Best Not to React to Trump Tweet

Aston Martin CEO Says Its Best Not to React to Trump Tweet

Assessment

Interactive Video

Business, Other, Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Aston Martin's approach to current trade issues, including potential tariffs on steel and aluminum, and their impact on raw material costs and customer pricing. It explores the company's potential IPO, valuation, and the revival of the La Gonda brand with a focus on electric vehicles. The video also highlights Aston Martin's involvement in Formula One as a strategy to increase brand awareness and sales, particularly in markets like China and the United States.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason for not reacting to trade tweets according to the speaker?

They are often contradictory.

They are ignored by the public.

They are always accurate.

They are legally binding.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Aston Martin plan to handle increased raw material costs?

Absorb the costs internally.

Reduce production.

Switch to cheaper materials.

Pass the costs to customers.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main factor driving Aston Martin's consideration of an IPO?

Shareholder interest.

Immediate financial need.

Regulatory requirements.

Public demand.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is unique about the revived Lagonda brand?

It will only sell in Europe.

It will produce hybrid vehicles.

It will focus on budget cars.

It will only produce electric vehicles.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the reasons for Aston Martin's involvement in Formula One?

To compete with Ferrari directly.

To develop new technologies.

To increase brand awareness.

To reduce production costs.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many cars is Aston Martin capable of producing annually?

5,000 cars

10,000 cars

7,000 cars

15,000 cars

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a benefit of Aston Martin's Formula One participation mentioned in the transcript?

Avoiding discounting.

Lowering material costs.

Increasing production speed.

Reducing labor costs.