A UAW Strike Is Likely, Says Edmunds
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Business, Architecture
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University
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Hard
Wayground Content
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main concern regarding the potential strike in the automotive industry?
The strike might involve all three automakers, which is unprecedented.
The strike is expected to resolve quickly.
The strike will only affect one automaker.
The strike will have no impact on the industry.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might a strike impact the suppliers in the automotive industry?
Suppliers will benefit from increased demand.
Suppliers might face bankruptcy due to disrupted supply chains.
Suppliers will not be affected at all.
Suppliers will have excess inventory to manage.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current state of inventory in the automotive industry?
Inventory levels are not a concern for the industry.
Inventory levels are exactly the same as pre-pandemic levels.
Inventory levels are higher than pre-pandemic levels.
Inventory levels are lower than pre-pandemic levels.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant challenge for consumers looking to buy new vehicles?
Low interest rates.
Decreasing vehicle prices.
High interest rates and monthly payments.
Abundant supply of vehicles.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is there pent-up demand for vehicles in the US?
Consumers have delayed purchases due to high prices and interest rates.
The used car market is not an option for consumers.
There is no pent-up demand for vehicles.
Consumers have been buying vehicles at a high rate.
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