[Ques] Which automaker made a profit in every year of the Great Depression?

The Quiz: Which automaker made a profit in every year of the Great Depression?

Ford
Chrysler
General Motors
Mercedes

Explanation : Between 1929 and 1932, sales of new cars dropped 75%, but two companies in particular found a way to succeed by moving away from luxury cars, toward more affordable options. Chrysler increased its market share by 19% during this era and took a loss in only one year, while General Motors managed to turn a profit every single year. GM reduced the prices of its most expensive vehicles by as much as 70% to help keep afloat.

Correct Answer: General Motors

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