Advances in Economics and Business Vol. 7(5), pp. 171 - 184
DOI: 10.13189/aeb.2019.070501
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Regional Shift in the Global Automotive Sector

Mehmet Cemil Simsek ^*
Department of Finance, Banking and Insurance, Karamanoğlu Mehmetbey University, Turkey

ABSTRACT

The automotive sector accounts for a significant part of the global cross border trade. Therefore, it is to reflect the current economic structure around the world. This study reveals economic characteristics of this significant sector, while considering how cross border trade, production and market of this sector have experienced shifts across regions over the last decade. This study proves that Asia-Pacific region has displayed remarkable growth in terms of automotive imports and exports, and motor vehicle assembly and market over the last decade constituting a larger share of the global automotive sector. On the other hand, European region still leads the global automotive imports and exports.

KEYWORDS
Automotive Imports, Automotive Exports, Motor Vehicle Assembly, Motor Vehicle Market, Regional, Global

Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Mehmet Cemil Simsek , "Regional Shift in the Global Automotive Sector," Advances in Economics and Business, Vol. 7, No. 5, pp. 171 - 184, 2019. DOI: 10.13189/aeb.2019.070501.

(b). APA Format:
Mehmet Cemil Simsek (2019). Regional Shift in the Global Automotive Sector. Advances in Economics and Business, 7(5), 171 - 184. DOI: 10.13189/aeb.2019.070501.