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            | Topic: | 
            
                
                    Business
                
             | 
        
        
            | Number of pages / Number of words: | 
            
                11 / 3001             | 
        
                
    
    Essay's paper body
        
        
In the 1970's, oil shortages led to an increase in demand for more fuel-efficient cars, thus the sub-compact car became popularized. After 1979, Japan's efficiency at producing this type of car allowed them to take 30% of the U.S. automobile market away from American manufacturers.
In 1999, total industry sales have risen 8%2...
        
        
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automobile market away from American manufacturers.
In 1999, total industry sales have risen 8%2. Now, unprecedented competition has pressured firms to reduce costs. This competition is a result of the mass consolidations occurring among worldwide automotive manufacturers. These immense companies are able to offer many styles and options, but so many options come at a cost...
        
        
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            General points of the essay
            
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