U.S. Automakers Post Big Gains After Hurricane Harvey

The video discusses the recent performance of vehicle sales, which have exceeded expectations, providing a positive outlook for Ford's new CEO, Hackett. It explores market expectations, the impact of hurricanes on sales figures, and the potential for strong performance by US auto manufacturers. The discussion also touches on economic indicators, such as consumer and business loans, and the rise in bankruptcies, highlighting concerns about consumer and small business health.

What was the actual increase in vehicle sales compared to the estimate?

• 2.3%

• 5.6%

• 8.9%

• 10.2%

Why was the timing of the positive vehicle sales significant for Ford's new CEO?

• He was about to announce a new strategy.

• He was planning to retire soon.

• He was launching a new car model.

• He was negotiating a merger.

What is the expected rate of auto sales in the US according to the discussion?

• 15 million vehicles

• 17 million vehicles

• 25 million vehicles

• 20 million vehicles

What financial metric is Ford Motor trading at, according to the discussion?

• Five times forward earnings

• Seven times forward earnings

• Ten times forward earnings

• Twelve times forward earnings

What economic indicator is described as a 'yellow flashing light'?

• Increasing personal and business bankruptcies

• Falling stock market

• Rising interest rates

• Decreasing consumer spending