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Analysis of Current State and Future Trends of Auto Parts Manufacturing Sector in Romania

Daniela Mihai ()
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Daniela Mihai: University of Piteşti, Romania

Annals of the University of Petrosani, Economics, 2012, vol. 12, issue 3, 167-178

Abstract: In the economy of any country, the auto parts manufacturing sector holds an important percentage in the national automotive industry. The dynamics of sales within it can vary significantly on short term, depending on the automotive market trend. This is also the case of the current situation in Romania, where the effect of the regressive automotive sales evolution will propagate, most probably, with a significant delay for the companies involved in production and trade of auto parts (for both first-assembly manufacture and car maintenance and repair). The statistical data indicate that even though the total volume of vehicles delivered decreased with 7.4% in 2011 as compared to 2010, the total turnover of the companies in the automotive industry increased with 7.8%. The apparent paradox is explained in the present article through the particularities of the demand for spare parts intended for the rolling stock in operation and through the effective organization of the distribution system.

Keywords: auto parts manufacturing sector; product finishing units; distribution strategies; first-assembly product; spare parts; vehicle maintenance and repair; motorization degree; age of the automotive park (search for similar items in EconPapers)
JEL-codes: L62 M21 (search for similar items in EconPapers)
Date: 2012
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