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EUROPEAN AUTOMOTIVE INDUSTRY AND MARKET DURING CRISIS - STATE AND CORPORATE ACTIONS

Ion Stancu and Laurentiu Ionut Dumitru

Revista Economica, 2012, vol. Supplement, issue 1, 767-776

Abstract: During though times of challenges due to crisis, the European automotive industry and market was seen as a key sector for focusing efforts to support recovery of European economy. Its particularities to concentrate directly and indirectly important industries and fields of economy, as suppliers, retailers and workforce requested an active role of states and European institutions, as well as new commitments and approaches from the involved companies, in order to cooperate, define and implement clear and solid actions for recovery. This paper goal is to emphasize such actions and to highlight its success. European automotive was the motor of recovery.

Date: 2012
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