OLYGOPOLISTIC MARKET FOR CARS IN ROMANIA

Cristina Baldan

The USV Annals of Economics and Public Administration, 2012, vol. 12, issue 2(16), 50-59

Abstract: The article presents the oligopolistic market for cars in our country. In order to fulfil the objectives of this paper, we will analyze the content of automobile market in Romania by considering the inflows (production and imports) and outflows (sales and export) in the period 2007-2011, the structure of the market and the influence of the Program of stimulating new acquisitions in the national auto park (Rabla) on the automobile market. Regarding the sales situation for local cars in the studied period, we can notice a big decrease starting with the auto market crash in 2009 caused by the economic crisis, Comparing with the first year from the analysed period, we can notice constant decreases year to year, thus in 2008 we can notice a decrease of 26.1%, about 81.945 comparing with 110.902 cars in 2007. The descending trend is even more abrupt starting with 2009, when, despite the efforts for stimulating the auto market with the “Rabla” programme, we have a decrease of 65% comparing with 2007 with a level of only 38.736 cars. In 2010 the trend continued, but with a decrease level smaller than in 2009, but not sufficient to bring an increase is sales, their level being 34.400 units, 4.336 less than in 2009.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:scm:usvaep:v:12:y:2012:i:2(16):p:50-59

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