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How Russians Battle the Recession: Buy a Porsche?

How Russians Battle the Recession: Buy a Porsche?

Assessment

Interactive Video

Business, Architecture

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the performance of luxury vehicle brands in Russia amidst economic challenges. It highlights how brands like Porsche, Lexus, and Mercedes are holding their value, while others like BMW and Audi are not seen as good investments. The impact of the declining ruble on car sales is examined, with wealthy Russians investing in luxury vehicles to preserve value. The video also touches on the broader market trends for luxury products in Russia.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the three luxury brands mentioned that are holding their value in Russia?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the overall trend in car sales in Russia as mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How much has the ruble declined since November 1?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage increase in sales for Porsche in November?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Which luxury brands are mentioned as not being good long-term investments in Russia?

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OFF

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