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The automobile industry paradigm: economies of scale

The automobile industry paradigm: economies of scale

Wynn-Williams, Michael (2013) The automobile industry paradigm: economies of scale. Automotive History Review, Fall13 (55). pp. 32-39. ISSN 1056-2729

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M&A activity in the automobile industry seems to suggest that economies of scale are of an order yet to be achieved. In contrast, this research argues that the economies of scale are within reach of most automoible manufacturers at arounde 600,000 units per annum. Drawing on the theory of transaction cost analysis the research concludes in a size and structure for the prototypical automobile manufacturer. This then consitutes the automobile paradigm and indicates the shape of future industry developments.

Item Type: Article
Additional Information: [1] Paper presented at the Society of Automotive Historians' Ninth Biennial Automotive History Conference, held at Phiadelphia, Pennsylvania, on 12-14 April 2012. The global theme of the conference - "A World of Cars: Manufacturers, Drivers and the Impact of Globalization." [2] The paper was subsequently selected for publication in full in Automotive History Review, Autumn 2013, Issue number 55.
Uncontrolled Keywords: automobile paradigm, economies of scale, car industry, vertical integration
Subjects: D History General and Old World > D History (General)
H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
Pre-2014 Departments: School of Business
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Last Modified: 14 Oct 2016 09:28

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