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Automotive Industry in South-West Region of Oltenia

Author

Listed:
  • Amelia Boncea

    (Constantin Brancusi University, Faculty of Economics, Romania)

  • Doru Cirnu

    (Constantin Brancusi University, Faculty of Economics, Romania)

Abstract

In terms of population, Romania represents the third largest market in Central and Eastern Europe and the seventh in all European Union member states. Still, our country is one of the least wealthy nations if we take into consideration income and GDP per capita. Of course, these are the two most important factors which influence the level of sales in the local automotive market.This paper is intended to analyze the currents situation on the passenger cars market in the region of Oltenia, taking into consideration all social and economic factors of the area, but also the national context. After having an overview of the local markets, the paper continues with the analysis of the external environment and the forces that significantly affect the industry evolution. In accordance with the facts presented, the conclusions summarize the main ideas of the paper.

Suggested Citation

  • Amelia Boncea & Doru Cirnu, 2011. "Automotive Industry in South-West Region of Oltenia," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 201-210, May.
  • Handle: RePEc:cbu:jrnlec:y:2011:v:2:p:201-210
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