By restricting bidders to be qualified dealers, wholesale automobile auctions exclude the bidders who place the highest value on the vehicles: consumers. This paper provides an explanation for this puzzling entry restriction by modeling the inventory-management decision of a firm. If an...

The automobile market in China has seen unprecedented expansion during the past decade with rapid model turnover and dramatic price decline. This paper aims to document the evolution of price and investigate the sources of price decline, paying attention to both market structure and cost...

This paper empirically analyzes the determinants of demand in the German automobile industry. Our primary goal is to refine the existing literature on that topic by exploring the impact of uniqueness seeking behaviour of individuals on the demand schedule. Using a dataset on the segment of...

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...

During the summer of 2005, the three domestic U.S. automobile manufacturers offered a customer promotion that allowed customers to buy new cars at the discounted price formerly offered only to employees. The initial months of the promotion were record sales months for each of the three firms,...

This report examines the place of China’s automobile industry in the global market and analyzes the recent, rapid increase in Chinese automobile exports. In addition, the implications carried by the rise of Chinese auto exports for the Korean automobile industry are identified and analyzed

Since the globalization and global production chains have dominated the world, crisis have bigger effects on economies. In 70?s, 80?s, 90?s and now in 2000?s global financial crisis affect not only countries economies but also global economy. It has become a must for countries and economies to...

The aim of this paper is to determine the degree of implementation of certain work practices of reflexive production and lean production, individually and jointly, in Catalonia direct suppliers firms of OEM. We present the results of a survey, which examines various items about the degree of...

The automotive industry is undergoing a profound transformation in its transition to production of electric vehicles. This paper seeks to examine the main transformations taking place in global value chains in the automotive industry as a result of this transition. The analysis follows a...