U.S. Auto Sales Could Set Record for 2016

What was the performance of General Motors in November according to the transcript?

• GM was up 1%

• GM was down 10%

• GM was flat

• GM was up 10%

Which factor is mentioned as contributing to strong auto sales?

• New government regulations

• Strong housing starts

• Increase in public transportation

• Decrease in fuel prices

What strategy did GM use to boost sales of older vehicles?

• Increased advertising

• Discounted prices

• New technology features

• Extended warranties

Why are strong auto sales not reflected in stock prices according to the transcript?

• Analysts predict a market downturn

• Carmakers are not profitable

• Sales are only strong in North America

• Investors are focused on tech companies

What is one reason traditional carmakers like GM have managed to grow profits?

• Increased sales in China

• Reduced production costs

• Strong truck and SUV sales

• Partnerships with tech companies