GM Sees Weaker First-Quarter in China Over Coronavirus, CFO Says

GM Sees Weaker First-Quarter in China Over Coronavirus, CFO Says

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses General Motors' financial performance, product mix, and market expectations for 2020. It highlights the impact of the 2019 strike on EPS and cash flow, and outlines cost management strategies. The discussion also covers the Chinese market, including the effects of the coronavirus, and GM's focus on electric vehicles, with plans to compete with Tesla. The company is optimistic about its future, despite macroeconomic challenges.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the adjusted EPS for General Motors in 2019 after accounting for the strike?

$5.50

$6.71

$7.00

$4.82

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is expected to offset the softer macroeconomic environment in North America for GM?

Decreased vehicle demand

Unique company catalysts

Higher fuel prices

Increased labor costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which brand is mentioned as performing well in China for General Motors?

GMC

Buick

Cadillac

Chevrolet

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is General Motors addressing the impact of the coronavirus in China?

Increasing production

Focusing on employee safety

Reducing vehicle prices

Expanding into new markets

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent announcement did General Motors make regarding electric vehicles?

Discontinuation of EV models

Partnership with Tesla

Launch of Hummer EV

Closure of EV plants

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is General Motors' strategy to compete in the electric vehicle market?

Focus on luxury vehicles only

Leverage flexible architecture

Reduce investment in EVs

Partner with European automakers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is considered the biggest upside risk for General Motors in 2020?

Rising fuel prices

Increased labor costs

Strong product lineup

Declining market share