GM CFO Stevens: Record 2Q Driven by North America

The video discusses General Motors' strong performance in Q2, highlighting record profits in North America, strategic focus on retail sales, and growth in China. It also addresses the impact of Brexit on European operations and outlines strategies for continued success.

What was the profit margin for General Motors in North America during Q2?

• 9.3%

• 15.0%

• 12.1%

• 10.5%

How did General Motors address the delivery issues with midsized trucks?

• By reducing production

• By increasing transaction pricing

• By correcting problems in Japan

• By discontinuing the model

What was the purpose of the new incentive plans announced for the truck business?

• To reduce production costs

• To start the model year sell-down

• To address market softness

• To increase fleet sales

Which brands contributed to General Motors' record sales in China?

• Pontiac and Saturn

• Opel and Vauxhall

• Baojun, Buick, and Cadillac

• Chevrolet and GMC

What economic challenge is General Motors facing in Europe post-Brexit?

• Decreased demand for electric vehicles

• Higher production costs

• Increased tariffs

• Weakness of the pound sterling