Virus Drives Down Auto Sales For GM and Fiat

Virus Drives Down Auto Sales For GM and Fiat

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of COVID-19 on the auto industry, highlighting significant sales declines in March and expectations for April and May. Jessica Caldwell provides insights into potential recovery, emphasizing that many sales may be delayed rather than lost. The discussion covers consumer behavior changes, the role of incentives, and the shift towards online transactions. The video also explores the possibility of structural shifts in the industry, such as increased online sales processes.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Jessica Caldwell view the potential for delayed sales in the automotive sector?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What incentives are automakers currently offering to encourage car sales?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways might the automotive sales process change as a result of the pandemic?

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