U.S. Auto Sales Have More Room to Grow: S&P's Levy

The transcript discusses the automotive market's performance, focusing on Chrysler and GM. Chrysler met expectations with a 20% gain, while GM exceeded expectations with a 6.5% growth. The discussion highlights GM's successful product strategy and the impact of Black Friday deals on sales. The forecast for December and 2015 suggests continued growth, with an estimated 16.4 million sales in 2014 and a 2.5% increase expected for 2015. The conversation also touches on the concept of 'peak car' and the potential for further market growth.

What was the expected growth percentage for Chrysler according to some analysts?

• 15%

• 25%

• 20%

• 10%

What was the actual growth percentage for GM compared to the expected 2.6%?

• 7.5%

• 6.5%

• 5.5%

• 4.5%

How have Black Friday discounts affected November sales?

• They only affect December sales

• They decrease overall sales

• They have no impact

• They boost November sales but may reduce December sales

What is the estimated total sales for 2014?

• 18.4 million

• 16.4 million

• 17.4 million

• 15.4 million

What is the speaker's opinion on the concept of 'peak car'?

• They think it will be reached in 2020

• They think there is still room for growth

• They believe it has already been reached

• They are unsure about it