Bloomberg Intelligence 2019 Auto Industry Outlook

The transcript discusses the shift from internal combustion to electric vehicles (EVs) and the impact on car production and the oil market. It highlights the role of hybrid cars as a practical alternative and the market dynamics between legacy automakers and new entrants. The focus shifts to the US auto market, emphasizing the dominance of trucks and SUVs. The discussion also covers autonomous vehicle technology, competition with Tesla, and the challenges of achieving full self-driving capabilities. The auto sales outlook is analyzed, noting the importance of product mix profitability. Finally, the transcript previews the Detroit Auto Show and its competition with CES.

What is the expected impact of increasing EV production on the oil market?

• It will increase oil demand.

• It will stabilize oil prices.

• It will have no effect on the oil market.

• It will greatly reduce oil demand.

Why are plug-in hybrids considered a practical alternative?

• They offer range extension of internal combustion engines.

• They are faster than electric vehicles.

• They are cheaper than electric vehicles.

• They require less maintenance.

What is the trend in the U.S. automotive market regarding vehicle types?

• Electric cars are the most sold vehicles.

• Motorcycles are gaining popularity.

• Sedans are becoming more popular.

• Trucks and SUVs dominate the market.

What strategic move has General Motors made in the automotive industry?

• Expanding into the motorcycle market.

• Reducing production of all vehicle types.

• Investing in autonomous and electric vehicles.

• Focusing on luxury sedans.

What challenge does the Detroit Auto Show face?

• Declining interest from the public.

• High costs of organizing the event.

• Competition with CES for attention.

• Lack of participation from major automakers.