3 Charts to Know: GM Revs to $2.9 Billion Profit

3 Charts to Know: GM Revs to $2.9 Billion Profit

Assessment

Interactive Video

Business, Architecture

University

Hard

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The video discusses the financial performance and market trends of major automotive companies. General Motors shows resiliency with increased margins despite a drop in volume, attributed to higher SUV prices. The crossover market in the US is growing, with significant sales increases for models like the Chevrolet Equinox. Toyota reports strong earnings, aided by favorable currency exchange rates, but anticipates future challenges. The Trump tax reform has mixed effects, benefiting non-US auto companies more than US-based ones like GM.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the reported operating profit of Toyota after the Tokyo close?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the Trump tax reform have on General Motors according to the text?

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