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1. 1. Investment Performance of the World Automotive Industry

   University essay from IHH, Nationalekonomi

   Author : Cagri Yildiz; [2006]
   Keywords : World automotive industry; marginal q; return on investment; performance;

   Abstract : The paper examines the investment performance of the world automotive industry using a sample of 21 original equipment manufacturers (OEMs) based in three major continents, North America, Europe and Asia between the years 1999 and 2004. The empirical findings suggest that there exists persistent overinvestment not only in the global level but also in the major automotive production regions analyzed. READ MORE