DELOCALIZATION – THE AUTOMOTIVE INDUSTRY’S ANSWER TO COST REDUCTION

Vlad Cârstea ()
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Vlad Cârstea: Romanian American University

Romanian Economic Business Review, 2013, vol. 8, issue 3.1, 180-183

Abstract: Delocalization is a relatively new term that defines a very old technique of reducing production costs, when you are a Transnational Corporation. Unfortunately this shift across the global economy has some negative effects for the home countries, which will resume basically to social effects. In the automotive industry, one of the most competitive economic sectors, this type of procedure has helped a lot of manufacturers to overcome the present economic crisis, but for others it meant some major losses due to a lower level of quality

Keywords: delocalization; car manufacturers; Transnational Corporations; production cost; developing countries. (search for similar items in EconPapers)
Date: 2013
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