Global Auto Industry Faces 'Truly Challenging Year,' CLSA Says

The video discusses the global auto industry's performance in 2018 and forecasts for 2019, highlighting challenges such as market headwinds in key regions like the US, Europe, and China. It explores the growing trend of electric vehicles, with China leading the charge and Tesla's Model 3 gaining traction in the US. The video also addresses trade tensions, particularly between the US and its trading partners, and their potential impact on the auto industry, with a focus on Japanese automakers and the US Department of Commerce's report on imported autos as a national security risk.

What was the expected change in global auto sales by the end of 2018?

• Remain unchanged

• Decrease by 1.7%

• Increase by 1.7%

• Increase by 2.5%

Which country is expected to lead in electric vehicle production in 2019?

• China

• Japan

• Germany

• United States

What significant event is expected to keep Tesla in the spotlight in 2019?

• Increase in Model 3 production

• Launch of a new SUV

• Partnership with a European automaker

• Introduction of a new battery technology

How might Japanese automakers benefit from the trade tensions?

• By increasing exports to the US

• By gaining market share in China

• By reducing production costs

• By forming alliances with European companies

What could be a major consequence if the US imposes tariffs on imported vehicles?

• Strengthening of the US dollar

• Increase in domestic car prices

• Boost in US auto exports

• Decline in global oil prices