THE EVOLUTION OF THE WORLD’S LARGEST AUTOMAKERS IN THE PERIOD 2013-2014

Sorin-George Toma, Paul Marinescu and Marin Burcea
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Sorin-George Toma: Faculty of Administration and Business, University of Bucharest
Paul Marinescu: Faculty of Administration and Business, University of Bucharest
Marin Burcea: Faculty of Administration and Business, University of Bucharest

SEA - Practical Application of Science, 2015, issue 7, 551-556

Abstract: The automotive industry has always represented an economic engine for many countries. It is dealing with the design, development, manufacture, marketing, and sale of the motor vehicles. Nowadays, this industry is full of intense competition between big auto groups fighting for higher profits and larger market shares. The key players in the automotive market are operating at a global scale in a highly competitive environment. In the last years, Toyota Motor and Volkswagen Group have proved to be the main competitors. The aim of our paper is to analyze the evolution of the world’s largest automakers in the period 2013-2014. The research type is literature review.

Keywords: Automakers; Global automotive market; Automotive industry; Toyota Motor; Volkswagen Group (search for similar items in EconPapers)
JEL-codes: E23 L62 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2015:i:7:p:551-556

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