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The Evolution Of The Automotive Industry In The Context Of The Covid-19 Pandemic

Author

Listed:
  • LAZAR, Alexandra-Ioana

    (School of Advanced Studies of the Romanian Academy (SCOSAAR), Bucharest, Romania)

Abstract

The COVID-19 pandemic had a major impact on the European automotive industry as demand for cars has fallen significantly. Specialists from IHS Markit estimate, in 2020, a decrease in sales volume by at least 22%. Starting from this premise we will try to identify a series of measures meant to support automobile manufacturers that are facing disruptions due to the SARS-Cov2 pandemic. The results will highlight the importance of the strategic vision and the influence it has on company performance.

Suggested Citation

  • LAZAR, Alexandra-Ioana, 2020. "The Evolution Of The Automotive Industry In The Context Of The Covid-19 Pandemic," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 8(1), pages 214-219, October.
    • Handle: RePEc:vls:rojfme:v:8:y:2020:i:1:p:214-219
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    References listed on IDEAS

    as
    1. Cusumano, Michael A. & Nobeoka, Kentaro, 1992. "Strategy, structure and performance in product development: Observations from the auto industry," Research Policy, Elsevier, vol. 21(3), pages 265-293, June.
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    More about this item

    Keywords

    R&D; strategy; automotive industry;
    All these keywords.

    JEL classification:

    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment

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