General Motors Corporation, also known as GM, is a multinational corporation headquartered in the United States and has been the world’s most dominant automaker since 1931. Recent times, however, have not been as favourable for the automotive giant with GM posting a record $38.7 billion loss in 2016. These losses were sustained due to a variety of factors, such as adverse market conditions in the United States and Europe, high inventory levels as well as the fall in the value of the U.S. dollar. _________________________________.

Higher oil prices would probably lead to GM incurring another big loss to its bottom line in 2017.

GM’s management is to be blamed for not venturing into emerging markets like Russia and India.

Since the value of the dollar is still falling, the losses sustained seem destined to continue in 2017.

In response to this crisis, GM announced the launch of a slew of new models.

GM now ranks as the world’s second largest automaker, behind Toyota Motor Corporation.

General Motors Corporation, also known as GM, is a multinational corpo

1.	General Motors Corporation, also known as GM, is a multinational corporation headquartered in the United States and has been the world’s most dominant automaker since 1931. Recent times, however, have not been as favourable for the automotive giant with GM posting a record $38.7 billion loss in 2016. These losses were sustained due to a variety of factors, such as adverse market conditions in the United States and Europe, high inventory levels as well as the fall in the value of the U.S. dollar. _________________________________.
A.	GM’s management is to be blamed for not venturing into emerging markets like Russia and India.
B.	Since the value of the dollar is still falling, the losses sustained seem destined to continue in 2017.
C.	In response to this crisis, GM announced the launch of a slew of new models.
D.	GM now ranks as the world’s second largest automaker, behind Toyota Motor Corporation.
E.	Higher oil prices would probably lead to GM incurring another big loss to its bottom line in 2017.
Answer» E. Higher oil prices would probably lead to GM incurring another big loss to its bottom line in 2017.

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General Motors Corporation, also known as GM, is a multinational corporation headquartered in the United States and has been the world’s most dominant automaker since 1931. Recent times, however, have not been as favourable for the automotive giant with GM posting a record $38.7 billion loss in 2016. These losses were sustained due to a variety of factors, such as adverse market conditions in the United States and Europe, high inventory levels as well as the fall in the value of the U.S. dollar. _________________________________.
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