Auto Sales to Contract in 2019, 2020: Moody’s

The video discusses the impact of trade tensions, particularly between the US and Europe, on global auto sales. It highlights revisions in auto sales forecasts due to these tensions, with significant focus on China and Eastern Europe. The video also addresses the low visibility and mounting risks in the auto sector, including potential impacts from Brexit and US tariffs. Additionally, it examines the effects of the WLTP testing standards on German car production, noting that while these issues have been addressed, weak consumer demand continues to pressure the industry.

What is the primary focus of the US statement mentioned in the first section?

• New tariffs on European autos

• Trade agreements with China

• Tariffs related to beef

• Sanctions on Eastern Europe

Which region experienced a significant downward revision in auto sales forecasts due to trade tensions?

• North America

• China

• South America

• Australia

How long is the auto sector expected to remain weak according to the second section?

• Seven to eight quarters

• Five to six quarters

• Three to four quarters

• One to two quarters

What potential event is mentioned as a risk factor for the auto sector?

• A hard Brexit

• Increased oil prices

• A global recession

• A new trade deal with China

What was the impact of the WLTP testing standards on German car production?

• Increased production

• No impact

• A bottleneck in production

• Improved efficiency