Blowout Month for Auto Sales May Be Best Since 2004

Blowout Month for Auto Sales May Be Best Since 2004

Assessment

Interactive Video

Business, Architecture

University

Hard

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In November, auto sales for Fiat, Chrysler, Ford, and GM surpassed expectations, driven by holiday specials and low fuel prices. GM and Chrysler projected strong sales rates, with GM forecasting an annual sales rate of over 17 million for the second month this year.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which car manufacturers exceeded analysts' expectations in November?

Hyundai, Kia, and Subaru

BMW, Audi, and Mercedes

Toyota, Honda, and Nissan

Fiat, Chrysler, Ford, and GM

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason buyers flocked to dealerships in November?

Holiday specials

New car models

Government incentives

High trade-in values

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factors contributed to the increased sales of pickups and SUVs?

Cheap fuel and easy financing

High fuel prices and limited financing

New car models and high demand

Government incentives and tax breaks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was GM's forecast for the seasonally adjusted annual sales rate?

Over 18 million

Over 15 million

Over 16 million

Over 17 million

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Chrysler's forecast for November compare to GM's?

Chrysler forecasted 18 million

Chrysler forecasted 17.5 million

Chrysler forecasted 16 million

Chrysler forecasted 17 million