RECENT DEVELOPMENTS AND MAJOR CHALLENGES ON THE EUROPEAN AUTOMOTIVE MARKET

Maria Cartas

Euroinfo, 2017, vol. 1, issue 4, 49-58

Abstract: This article aims to synthetically present the state of the automotive market, in 2016,focusing on the European market, to highlight the main evolutions and trends foreseeable for 2017 and the coming years as well as the major challenges facing this industry - a key branch for the economic development due to its huge driving effect on other sectors. The place and importance of China, as the world largest car market is outlined, as well as its huge development potential and the vast partnership opportunities offered for the automotive production and distribution. A special attention is given to the importance of the size of the companies as well as to the R&D activity and innovative capacity within this economic sector.

Keywords: demand; car registrations; China; EU; R&D (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:iem:eurinf:v:1:y:2017:i:4:p:49-58

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