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Recent Developments And Major Challenges On The European Automotive Market

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  • Maria Cartas

Abstract

This article aims to synthetically present the state of the automotive market, in 2016,focusing on the European market, to highlight the main evolutions and trends foreseeable for 2017 and the coming years as well as the major challenges facing this industry - a key branch for the economic development due to its huge driving effect on other sectors. The place and importance of China, as the world largest car market is outlined, as well as its huge development potential and the vast partnership opportunities offered for the automotive production and distribution. A special attention is given to the importance of the size of the companies as well as to the R&D activity and innovative capacity within this economic sector.

Suggested Citation

  • Maria Cartas, 2017. "Recent Developments And Major Challenges On The European Automotive Market," Euroinfo, Institute for World Economy, Romanian Academy, vol. 1(4), pages 49-58, April.
    • Handle: RePEc:iem:eurinf:v:1:y:2017:i:4:p:49-58
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    File URL: http://www.iem.ro/rem/index.php/euroinfo/article/view/568/651
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    Keywords

    demand; car registrations; China; EU; R&D;
    All these keywords.

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