Detroit Automakers Off to a Rocky Start to 2018

Detroit Automakers Off to a Rocky Start to 2018

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses the challenges faced by American automakers, particularly those in Detroit, at the start of the year. It highlights the impact of year-end discounts and sales pressures, inventory issues, and new model launches. The video also examines the trends in discounting and their implications for profits, noting that while discounts remain high, they are driving sales of more profitable SUVs and pickups.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant challenge for Detroit automakers at the start of the year?

Struggles with inventory and unmet expectations

High inventory levels

Lack of discounts

Excessive production

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Fiat Chrysler plan to address their rocky start to the year?

By reducing production

By launching new models

By increasing discounts

By focusing on electric vehicles

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a key factor in the strong performance of carmakers at the end of 2017?

Improved fuel efficiency

Increased production

Heavy discounting

New model launches

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What concern arises from the continuation of high discounts into the new year?

Concerns about profitability

Lower customer satisfaction

Increased production costs

Decreased sales of SUVs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are automakers continuing to offer high discounts despite profitability concerns?

To clear old inventory

To reduce production costs

To increase sales of SUVs and pickups

To compete with foreign automakers