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CHAPTER 2 THE AUTOMOBILE INDUSTRY IN AND …
www.oecd.orgSource: Datastream; OECD Economic Outlook 86 database. The automobile cycle is fairly volatile Fluctuations in activity in the automobile industry display a stronger amplitude than the economy-wide and the manufacturing business cycle (Table 2.1). The variance of automobile production growth is also larger
CHAPTER 2 THE AUTOMOBILE INDUSTRY IN AND …
www.oecd.org1 CHAPTER 2 THE AUTOMOBILE INDUSTRY IN AND BEYOND THE CRISIS Introduction and summary The automobile industry has been severely hit by the crisis