Razionalizzazione della struttura produttiva di Fiat auto e dei maggiori Oem

Journal title ECONOMIA E POLITICA INDUSTRIALE
Author/s Riccardo Gallo
Publishing Year 2004 Issue 2003/119
Language Italian Pages 17 P. File size 156 KB
DOI
DOI is like a bar code for intellectual property: to have more infomation click here

Below, you can see the article first page

If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits

Article preview

FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.

For both 2000 and 2001 and for all the eight largest European car manufacturers, referring to their balance sheet and other public data, the author has analysed their plant capacity and production rate, as well as the interrelationship of fixed, variable costs, sales revenue, and profits. He has estimated each manufacturer’s economic production, or break-even, and the gap between the actual and the economic production. This gap was then correlated to the percentage of current pre-tax profit on net sales. The correlation resulted extremely significant (R2 equal to 0.94). In 2001: Bmw, Psa, VW and Renault’s operation was above the break-even point and they yielded a proportional profit; Ford, DaimlerChrysler and Fiat Auto’s operation was below break-even and they experienced a proportional loss. GM was at the break-even point. So as to move quickly away from this situation Fiat Auto needed to reduce its capacity by shutting down those less efficient plants. Many other car manufacturers had already introduced a similar strategy.

Riccardo Gallo, Razionalizzazione della struttura produttiva di Fiat auto e dei maggiori Oem in "ECONOMIA E POLITICA INDUSTRIALE " 119/2003, pp , DOI: