GMC

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Title: GMC

Essay Details:

Subject: Business

Author: Lisa T

Date: January 1, 2013

Level: University

Grade: A

Length: 19 / 5541

Essay text:

Prices of oil and steel are changing the type of vehicles demanded and the way they are designed. These components are responsible for many of the problems that the industry faces today. Oil Prices Oil prices have risen in the Middle East due to demand and difficult oil refineries. Oil is used both to make gasoline and in tire production. Gasoline prices in the US have increased dramatically during the last few years reaching averages over $3.00 a gallon. The auto industry has to meet new demands for more fuel efficient conscious consumers. The big three motor manufactures GM, Ford and Chrysler combined have over a 90 percent share of the heavy-duty truck market in the US...

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