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The Strategy Of Increasing The Competitiveness Of Romanian Automobile Industry By Transition To Alternative Energy In Internationalization Conditions

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  • ALINA HAGIU

    (University of Pitesti, Pitesti, Romania)

Abstract

The increasing complexity and the increase of the variability grade of the business environment in general, and of the international business environment especially, represented determinant elements of the awareness of strategic issues of international competitiveness of firms and of the intensifying efforts to resolve the many different aspects of it. This paper is addressed to all those interested in the interesting and important issue of competitiveness in general and of the automotive industry competitiveness in particular. We stopped to the car industry as the automotive industry in Romania is one of the industries that have a high added value and a significant share of GDP. A role no less important had the fact that in the case of the automotive industry there are clear opportunities to improve competitiveness in the international market by focusing not only on low cost segments but also pointing to other market segments. The economic crisis has made Dacia sales to exports increase considerably, but the data show that with alleviate of the economic crisis the success of Dacia will begin to decrease. So it turns out that Dacia is a crisis car, and as the crisis will end, the manufacturer must rethink its strategy if it wants to maintain or increase sales. In the present paper we stoped to the transition to alternative energy sources strategy in the functioning of automobiles as a possible way to increase the competitiveness of Romanian automotive industry because all indicates are that alternative sources are the future and we should adapt trends better sooner rather than later.

Suggested Citation

  • Alina Hagiu, 2014. "The Strategy Of Increasing The Competitiveness Of Romanian Automobile Industry By Transition To Alternative Energy In Internationalization Conditions," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 43-50, October.
    • Handle: RePEc:cbu:jrnlec:y:2014:v:5:p:43-50
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    References listed on IDEAS

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    2. Henry Mintzberg, 1978. "Patterns in Strategy Formation," Management Science, INFORMS, vol. 24(9), pages 934-948, May.
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