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In this note, we analyze two hitherto unstudied questions from the perspective of an automobile dealer that uses a particular temporal decision rule to provide loaner vehicles to customers who come to its facility with automobile repair requests. First, on the assumption that the basic criterion...
Persistent link: https://www.econbiz.de/10013138404
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This article studies the effects of the latest European regulations on carbon emissions on the Italian car market and discusses the possibility of achieving climate neutrality of road transport through the "mere" replacement of cars currently on the road with new zeroemission cars. Since 2016,...
Persistent link: https://www.econbiz.de/10014451365
Prior to the arrival of digital car data, car manufacturers had already partly foreclosed the maintenance market via franchising contracts with a network of exclusive official dealers. EU regulation endorsed this foreclosure but mandated access to maintenance data for independent service...
Persistent link: https://www.econbiz.de/10012851172
This paper presents a dynamic model for light motor vehicles. Consumers solve an optimal stopping problem in deciding if they want a new automobile and when in the model year to purchase it. This dynamic approach allows for determining how the mix of consumers evolves over the model year and for...
Persistent link: https://www.econbiz.de/10014203956
Objective - A study has been conducted to scrutinize the vehicle production and sales by segment in ASEAN.Methodology/Technique - The study is prepared grounded on primary evidence and secondary material. The primary evidences have composed through oral interview from stalwarts of automotive...
Persistent link: https://www.econbiz.de/10012952276
Despite the European Commission’s concrete steps to integrate the national car markets and reduce car price dispersion, significant car price differences exist. Moreover, international differences in taxation of sales and registration of motor vehicles do not give rise to considerable...
Persistent link: https://www.econbiz.de/10012990484
This work is a pioneer effort to estimate supply and demand of automobiles in Brazil with a Discrete Choice model in a differentiated product oligopolistic market. We apply a Nested Logit model to the demand side and assume differentiated product price-setting firms on the supply side to...
Persistent link: https://www.econbiz.de/10014029890
Using the most comprehensive publicly available data, we examine long-run changes in scrappage patterns in passenger cars and light trucks in the United States between 1969 and 1999. We find that the expected lifetime for passenger cars has increased from 12.5 to 14 years between 1969 and 1999....
Persistent link: https://www.econbiz.de/10013082238
In this article, we suggest that the geography of battery electric vehicle (BEV) production is influenced by factors such as agglomeration economics and economies of scale that also underlie the location of internal combustion engine vehicle production. With several dozen vehicle assembly plants...
Persistent link: https://www.econbiz.de/10014241444