Analysis of Road Vehicles’ Lifecycle Stages

Abstract

The paper deals with the issue of lifecycle stages of motor vehicles. This topic is trending around sustainability issues, given the very unfavorable age structure, increasing import of used cars, which causes an increasing intensity of the number of waste vehicles. This situation creates problems with management of all kinds of waste. Optimal life of a motor vehicle is 10-15 years on average. Individual phases of lifecycle are indicated differently with multiple parameters. All phases are influenced by many factors, but this paper focuses on maturity and decline phases. Key findings suggest that different market, business and environment indicators define the key stages of the lifecycle-maturity and decline stages. Future research will expand the sample on other countries from the Balkans region.