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Hybrid Vehicles in the Auto Industry
Essay specific features
Written by:
Annie C
Date added:
June 20, 2013
Level:
University
Grade:
No of pages / words:
3 / 628
Was viewed:
3853 times
Rating of current essay:
Essay content:
This identified intense
competition, rising oil and steel prices and growing environmental concerns as all
placing great pressure on automakers. These pressures had been evidenced in
poor profitability and through the ongoing rationalisation of the industry, with many
players being acquired or merging with other automakers...
displayed 300 characters
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Hybrid vehicles are a
natural response to current pressures, in that they improve fuel efficiency and also
appease environmentally conscious consumers. However, it is important to
recognise that this is only a partial solution, as petrol remains the core power
source such that its suppliers are likely to be able to extract much value from
automakers and their customers...
displayed 300 characters
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