What is the main reason for the downward revision in the automotive industry forecast?
Fitch Ratings' Yang on China's Auto Sector

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Business, Architecture
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Strong growth in the passenger vehicle segment
Weaker than expected performance of commercial vehicles
Increased demand for commercial vehicles
Improved microchip supply globally
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might China's dynamic zero COVID policy affect the automotive industry?
It will boost consumer sentiment significantly
It could lead to short-term disruptions in the auto value chain
It will have no impact on the automotive industry
It will eliminate all disruptions in the auto value chain
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was surprising about Tesla's performance in China?
Tesla's shipments soared to a record high
Tesla's shipments remained stable
Tesla's shipments were unaffected by COVID-19
Tesla's shipments decreased significantly
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What challenge do global automakers face in the Chinese EV market?
They are leading in electrification
They are lagging in electrification
They have no competition
They have surpassed local manufacturers
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant concern for automakers regarding cost pressures?
Stable supply chain costs
Decreasing battery costs
Surging battery costs
Reduced R&D efforts
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