Subaru of America CEO Very Bullish on 2021

The video discusses the impact of the pandemic on car sales, highlighting a significant drop initially, followed by a recovery as people sought personal transportation. It forecasts a strong market in 2021, driven by stimulus packages and vaccine rollouts. The video also addresses challenges like the chip shortage affecting production and Subaru's strategies to mitigate its impact. Additionally, it covers trade policies under the Biden administration and Subaru's community support efforts, including significant donations to Feeding America to combat hunger.

What was the initial impact of the pandemic on the market according to the transcript?

• The market experienced a slight decline.

• There was no change in the market.

• The market saw a significant increase in sales.

• The market volume was cut in half.

What is the expected market trend for the first half of 2021?

• A problematic market until vaccine rollout is definitive.

• A stable market with no changes.

• A decline in market demand.

• A strong market growth.

How does Subaru view the potential market size for the next year?

• Less than 10 million units.

• Between 12 and 14 million units.

• North of 16 million units.

• Between 10 and 12 million units.

What is Subaru's target for vehicle sales in 2021?

• 500,000 vehicles

• 700,000 vehicles

• 660,000 vehicles

• 800,000 vehicles

How is Subaru managing the chip shortage issue?

• By halting production completely.

• By increasing production in other areas.

• By monitoring the situation weekly and adjusting accordingly.

• By ignoring the issue.

What is Subaru's approach towards the Biden administration's trade policies?

• They plan to relocate their production overseas.

• They are indifferent to the policies.

• They plan to oppose the policies.

• They want to collaborate with the administration.

Why did Subaru decide to donate meals to Feeding America?

• To reduce production costs.

• To address the hunger challenge in the US.

• To promote their new product line.

• To increase their market share.