Detroit Auto Strikes Create Opportunity in Japan

The video discusses the potential impact of the industrial auction in Detroit on Japanese car makers, highlighting the historical context of the 2019 GM strike and the current political climate with visits from President Joe Biden and former President Donald Trump. It emphasizes the strong negotiation position of labor unions and the concerns of investors. The video also compares the impact on Korean and German car makers, noting the significant importance of the US market for Japanese companies like Subaru, Honda, and Nissan.

What historical event is mentioned as a reference for the current negotiations?

• The 2015 Volkswagen emissions scandal

• The 2020 presidential election

• The 2008 financial crisis

• The 2019 General Motors strike

Which two political figures are mentioned as visiting Michigan?

• Barack Obama and George W. Bush

• Joe Biden and Donald Trump

• Kamala Harris and Mike Pence

• Hillary Clinton and Mitt Romney

Why is Michigan considered important in the election cycle?

• It has the highest GDP among US states

• It has the largest population in the US

• It is a key swing state

• It is the headquarters of major tech companies

Which foreign car makers have the largest market share in the US?

• Korean car makers

• German car makers

• Japanese car makers

• Italian car makers

What percentage of Subaru's revenue comes from the US market?

• 90%

• 75%

• 60%

• 50%