By J. Carrillo, Y. Lung, R. van Tulder, Rob van Tulder
This hugely topical booklet brings jointly many of the world's prime experts at the international motor vehicle who speak about the fine details of the quicker lane of regionalism at a time that the realm is reassessing the fine details of globalization. It presents a radical and up-dated mapping of the global geography of the automobile undefined, within the triad areas (Europe, North the US and Japan), and within the rising international locations and areas.
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Developed regions provide the home base of some of the world’s most important car manufacturers and generally have larger markets. Economies of scale and the potential of a regional division of labour are bigger. Chapter 4 first explores the dynamism within the most advanced region of the world: the European Union. Layan and Lung (‘The Dynamics of Regional Integration in the European Car Industry’) take the history of the European Union into consideration. The automobile space created by the original six founding fathers of the European Economic Community differed from the phase in which less developed countries were integrated.
10 The shares of intra-regional imports for passenger vehicles vary significantly between the four RIAs for which data were available. The EU’s shares for both passenger vehicles and parts are the highest among the four groups and remained relatively stable during the 1985–1998 period. 4 Notes * The import data refers to apparent imports obtained by adding export plus registration minus production. The import penetration ratios are obtained by dividing apparent import by production level. ** Unweighted average of single country’s ratios.
This has masked a situation of less-than-optimal competitive conditions that have impeded the emergence of an integrated automotive market in the region. The complete liberalization of the New Zealand market has tremendously benefited its consumers, who are now enjoying affordable vehicle prices and wider model choice, a situation that was hardly conceivable few years ago. Virtually all New Zealand CKD plants have ceased assembly operations and some are being converted into distribution centres of reconditioned used vehicles, mainly imported from Japan (Moore, 2000).
Cars, Carriers of Regionalism? by J. Carrillo, Y. Lung, R. van Tulder, Rob van Tulder