Sustainable Development Model for the Automotive Industry

Lucian-Ionel Cioca, Larisa Ivascu (), Attila Turi, Alin Artene and George Artur Găman
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Lucian-Ionel Cioca: Department of Industrial Engineering and Management, Faculty of Engineering, Lucian Blaga University of Sibiu, Bd. Victoriei No. 10, 550024 Sibiu, Romania
Attila Turi: Department of Management, Faculty of Management in Production and Transportation, Politehnica University of Timisoara, via Victoria Square No. 2, 300006 Timisoara, Romania
Alin Artene: Department of Management, Faculty of Management in Production and Transportation, Politehnica University of Timisoara, via Victoria Square No. 2, 300006 Timisoara, Romania
George Artur Găman: National Institute for Research and Development in Mine Safety and Protection to Explosion–INSEMEX Petroşani, 32-34 General Vasile Milea Street, 332047 Petroşani, Romania

Sustainability, 2019, vol. 11, issue 22, 1-22

Abstract: The relationship between sustainability and business has become one of the central debates at the national and international level in both industrialized and emerging countries. A series of existing business models lack some critical aspects. The automotive industry strongly affects economic development, requiring rethinking business models in order to reduce their impact on the environment. An evaluation of the websites of the major automotive industry companies shows they have reported sustainability (through different methods) and present various practices in implementing organizational sustainability (OS). This paper aims to present a new business model for the automotive industry that takes into account the three dimensions of sustainability and emphasizes the importance of involving stakeholders in the OS approach. This model is developed based upon the literature review of three focus groups with a participation of 33 automotive industry members, of which three are highly-skilled experts of the industry. The proposed sustainable development model is scientifically relevant as it considers that all dimensions of sustainability exist and aims to increase organizational capacity for sustainable organizational development. It is also relevant from a practical point of view because it has been developed and validated by industry experts with automotive industry companies, taking into account the industrial, technical, and technological requirements for organizational sustainability assessment. The findings of this research will guide shareholders and managers in planning and developing organizational strategies.

Keywords: sustainability; SGDs; innovation; stakeholder; shareholder; competitiveness; industrial sustainability; sustainable strategy (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:11:y:2019:i:22:p:6447-:d:287591

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