Maurice Tutor

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Category > Management Posted 09 Jul 2017 My Price 12.00

eight largest automakers

[The following information applies to the questions displayed below.]

The following table reports the number of cars and light-duty trucks sold by the eight largest automakers in the first 2 months of 2013. Compare the 2013 data to the first 2 months of 2009 as reported below.

 

  Year-to-Date Sales
   
  Through February Through February
  Manufacturer 2013 2009
  General Motors Corp.   419,013     252,701  
  Ford Motor Company   361,713     185,825  
  Toyota Motor Sales USA Inc.   324,102     226,870  
  Chrysler LLC   256,746     146,207  
  American Honda Motor Co. Inc.   201,613     142,606  
  Nissan North America Inc.   180,555     108,133  
  Hyundai Motor America   96,024     55,133  
  Mazda Motor of America Inc.   46,255     31,821  
 

 

PictureClick here for the Excel Data File

 

7.

value:
10.00 points

a.

Compare the total sales for the eight automakers. Has there been an increase or a decrease in sales for 2013 compared to the same period in 2009? (Round percent to 1 decimal place.)

 

  The total sales (Click to select)decreased/increased about % from to units.
     

 

8.

value:
10.00 points

b.

The total number of cars and light-duty trucks sold in 2013 was 2.234 million while 1.346 million were sold in 2009. Compute the market share for each of the companies. Has there been a change in the market share for any of the companies? (Do not round intermediate calculations. Round your answers to 1 decimal place.)

    

  Market Share
   
  2013 2009
  General Motors %   %
  Ford Motor %   %
  Toyota % %
  Chrysler % %
  American Honda % %
  Nissan NA %   %
  Hyundai % %
  Mazda % %  
 
  Ford has (Click to select) lost/gained %, Toyota (Click to select)gained/lost % and Honda (Click to select)lost/gained % of their market shares.

9.

value:
10.00 points

c.

Compute the percentage change in sales for each of the eight companies. Which companies had a significant change in sales? (Round percent to 1 decimal place.)

     

     
  General Motors (Click to select)decreaseincrease of %
  Ford Motor (Click to select)decreaseincrease of %
  Toyota (Click to select)increasedecrease of %
  Chrysler (Click to select)decreaseincrease of %
  American Honda (Click to select)increasedecrease of %
  Nissan NA (Click to select)increasedecrease of %
  Hyundai (Click to select)decreaseincrease of %
  Mazda (Click to select)increasedecrease of %  
 

   

  Ford had the (Click to select)smallestlargest percentage change in sales. While Toyota, Honda and Mazda had the (Click to select)largestsmallest percentage (Click to select)increasesdecreases.

Answers

Maurice Tutor
(5)
Status NEW Posted 09 Jul 2017 05:07 PM My Price 12.00

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