Each group (5 students) may study and analyze the most recent annual sales of one of the following passenger cars market in Malaysia.

Brand 2017 2018 2019

Perodua 204,887 227,243 240,341

Honda 109,511 102,282 85,418

Proton 70,991 64,744 100,183

Toyota 47,615 43,446 69,091

Nissan 19,949 21,956 21,239

Others 61,744 73,531 88,015

Total 514,697 533,202 604,287

(1) Use data Malaysia passenger cars industry above and online resources to answer the following questions:

(a) Briefly describe the background of the industry.

(b) Compute market share of top 5 firms in the industry over the last 3 years.

(c) How many are domestic producers and their combined market share over the 3 years period?

(d) Is the industry growing or shrinking.Explain (at least 2 reasons).

(e) Any visible dominant leader in the industry?

(g) Do you think firms in this market exercise considerable controlling power?

(h) Are there protective policies impede competition? What action(s) shouldgovernment take to correct this situation?