Rubles Collapse Drives Automakers Out of Russia

The video discusses the impact of the ruble's collapse on the Russian auto market. Many car manufacturers, like Jaguar Land Rover and General Motors, have suspended sales, while others like Audi are uncertain about pricing. Russia is a significant market, but sales have plummeted, with BMW down 70% year-on-year. However, luxury brands like Porsche and Lexus have seen sales increase, possibly due to wealthy Russians investing in cars as a stable asset amidst currency devaluation.

Which car manufacturer has suspended their pricing in Russia due to the ruble's instability?

• Jaguar Land Rover

• General Motors

• Audi

• BMW

What percentage decline did BMW experience in their monthly sales in Russia?

• 24%

• 70%

• 23%

• 14%

If the ruble collapses by 50% in the fourth quarter, how much could BMW potentially lose?

• 50 to 100 million euros

• 100 to 150 million euros

• 150 to 200 million euros

• 200 to 250 million euros

Which luxury car brand saw a 55% increase in sales month on month?

• Lexus

• Audi

• Mercedes

• Porsche

Why might wealthy Russians be purchasing luxury cars amidst the ruble's devaluation?

• To support local businesses

• To show off wealth

• To invest in a stable asset

• To avoid taxes