Boom or Doom for U.S. Automakers in 2019?

The Detroit Auto Show occurs amid challenging market conditions, with GM showing optimism due to strong earnings and strategic cost cuts. Both GM and Ford CEOs express confidence in the auto market's stability, focusing on SUVs and electric vehicles. However, analysts from Goldman Sachs and Morgan Stanley predict a difficult year for the global auto industry, with potential declines in earnings and vehicle sales. Despite GM's positive outlook, broader industry concerns persist.

What was one of the reasons for GM's share price increase?

• A new car model launch

• Optimistic earnings and cost-cutting measures

• A merger with another company

• Increased sales in Europe

Which market did GM expect to experience a slight dip?

• The European market

• The Chinese auto market

• The Australian market

• The South American market

What restructuring strategy did GM and Ford focus on?

• Reducing the number of dealerships

• Developing more electric vehicles and larger SUVs

• Increasing production of sedans

• Expanding into the European market

What was the general sentiment of analysts like Goldman Sachs and Morgan Stanley about the auto industry in 2019?

• Pessimistic with expected challenges

• Uncertain with mixed predictions

• Neutral with no significant changes

• Optimistic with expected growth

What did analysts predict about US light vehicle sales?

• They would remain stable

• They would surpass 18 million

• They would increase significantly

• They would decline below 17 million