GLOBAL PERSPECTIVES IN AUTOMOTIVE INDUSTRY

The automotive sector is characterised by a relatively low trade/salesratio. While the production of most automotive producers in the world is spread over variouscountries in the value chain, the brands are still considered to reflect some national identity.Internationalisation strategies may change...

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Main Authors: NICOLETA ISAC, CONSTANTIN BÂGU
Format: Article
Language:English
Published: University of Petrosani 2010-01-01
Series:Annals of the University of Petrosani: Economics
Subjects:
Online Access:http://www.upet.ro/anale/economie/pdf/20100219.pdf
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author NICOLETA ISAC
CONSTANTIN BÂGU
author_facet NICOLETA ISAC
CONSTANTIN BÂGU
author_sort NICOLETA ISAC
collection DOAJ
description The automotive sector is characterised by a relatively low trade/salesratio. While the production of most automotive producers in the world is spread over variouscountries in the value chain, the brands are still considered to reflect some national identity.Internationalisation strategies may change over the lifecycle of the product and automakerstend to pursue diametrically opposed strategies. In mature markets, it is about managing whatgoes on beneath a static surface; in emerging markets’ dynamic environments, companies muststrategically position themselves to benefit from growth opportunities. However, without theright strategy and execution in mature markets, it is clear that traditional OEMs cannot profitfrom emerging markets-the persistence of structural issues in mature market operationseventually will rob all but the most resilient competitors of the opportunity to compete inemerging markets.
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spelling doaj.art-0cec22cd5180465697f14e994b3ecdc12022-12-22T01:17:26ZengUniversity of PetrosaniAnnals of the University of Petrosani: Economics1582-59492010-01-01X2207214GLOBAL PERSPECTIVES IN AUTOMOTIVE INDUSTRYNICOLETA ISACCONSTANTIN BÂGUThe automotive sector is characterised by a relatively low trade/salesratio. While the production of most automotive producers in the world is spread over variouscountries in the value chain, the brands are still considered to reflect some national identity.Internationalisation strategies may change over the lifecycle of the product and automakerstend to pursue diametrically opposed strategies. In mature markets, it is about managing whatgoes on beneath a static surface; in emerging markets’ dynamic environments, companies muststrategically position themselves to benefit from growth opportunities. However, without theright strategy and execution in mature markets, it is clear that traditional OEMs cannot profitfrom emerging markets-the persistence of structural issues in mature market operationseventually will rob all but the most resilient competitors of the opportunity to compete inemerging markets.http://www.upet.ro/anale/economie/pdf/20100219.pdfcompetitivenessautomotive industryglobal marketsalesinvestment
spellingShingle NICOLETA ISAC
CONSTANTIN BÂGU
GLOBAL PERSPECTIVES IN AUTOMOTIVE INDUSTRY
Annals of the University of Petrosani: Economics
competitiveness
automotive industry
global market
sales
investment
title GLOBAL PERSPECTIVES IN AUTOMOTIVE INDUSTRY
title_full GLOBAL PERSPECTIVES IN AUTOMOTIVE INDUSTRY
title_fullStr GLOBAL PERSPECTIVES IN AUTOMOTIVE INDUSTRY
title_full_unstemmed GLOBAL PERSPECTIVES IN AUTOMOTIVE INDUSTRY
title_short GLOBAL PERSPECTIVES IN AUTOMOTIVE INDUSTRY
title_sort global perspectives in automotive industry
topic competitiveness
automotive industry
global market
sales
investment
url http://www.upet.ro/anale/economie/pdf/20100219.pdf
work_keys_str_mv AT nicoletaisac globalperspectivesinautomotiveindustry
AT constantinbagu globalperspectivesinautomotiveindustry