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Analysis of Current State and Future Trends of Auto Parts Manufacturing Sector in Romania

Author

Listed:
  • Daniela Mihai

    (University of Piteşti, Romania)

Abstract

In the economy of any country, the auto parts manufacturing sector holds an important percentage in the national automotive industry. The dynamics of sales within it can vary significantly on short term, depending on the automotive market trend. This is also the case of the current situation in Romania, where the effect of the regressive automotive sales evolution will propagate, most probably, with a significant delay for the companies involved in production and trade of auto parts (for both first-assembly manufacture and car maintenance and repair). The statistical data indicate that even though the total volume of vehicles delivered decreased with 7.4% in 2011 as compared to 2010, the total turnover of the companies in the automotive industry increased with 7.8%. The apparent paradox is explained in the present article through the particularities of the demand for spare parts intended for the rolling stock in operation and through the effective organization of the distribution system.

Suggested Citation

  • Daniela Mihai, 2012. "Analysis of Current State and Future Trends of Auto Parts Manufacturing Sector in Romania," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 12(3), pages 167-178.
  • Handle: RePEc:pet:annals:v:12:y:2012:i:3:p:167-178
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    File URL: http://www.upet.ro/annals/economics/pdf/2012/part3/Mihai.pdf
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    References listed on IDEAS

    as
    1. Alina Hagiu & Magdalena Platis, 2012. "The Evolution Of The Romanian Car Industry And Its Position On European Market," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
    2. Amalia PANDELICÃ & Mihaela DIACONU, 2011. "The Management of Innovation Process from Market Orientation Perspective in Automotive Industry," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 10(2), pages 108-115.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    auto parts manufacturing sector; product finishing units; distribution strategies; first-assembly product; spare parts; vehicle maintenance and repair; motorization degree; age of the automotive park;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment

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