Baby Boomers Swap Corvettes for Comfort

Baby Boomers Swap Corvettes for Comfort

Assessment

Interactive Video

Business, Architecture

University

Hard

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The video discusses the decline in sports car sales, particularly among baby boomers who are shifting towards more comfortable luxury SUVs. Despite the high cost, these buyers prefer vehicles that are easier to drive and offer prestige. Automakers like General Motors and Ford are adapting by focusing on luxury SUVs. The Tesla Model S is also impacting the market by offering a fast, prestigious alternative. The video highlights the need for automakers to adjust their strategies to cater to changing consumer preferences.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the decline in sales of sports cars among baby boomers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How are baby boomers changing their preferences in vehicle types as they age?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How are automakers like General Motors adapting to the changing preferences of consumers?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What statistics are known about the number of sports cars owned by baby boomers?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the 'Tesla effect' mentioned in relation to sports car buyers?

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