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Faculty of Economics and Engineering Management, University Business Academy i Novi Sad , Novi Sad , Serbia
Faculty of Management, University Union Nikola Tesla , Sremski Karlovci , Serbia
The intensive exploitation of available natural resources, their processing, distribution, use and disposal, which most of them end up as waste is known as a linear model of the economy. This type of a model shows the inability for sustainable economic development and protection of the environment. Opposite to this model, in recent decades, there is a model of circular economy, which has been developing intensively in recent years, which with its principles of functioning has become a sustainable model, both from the aspect of economy and environmental protection. The principles that repose the circular economy model are 3R (Reduce, Reuse, Recycle). One of the most important branches of the economy that seeks to use this model is the automotive industry. So, this paper analyzes the flow of motor vehicle materials that come the end of their life cycle (End of Life Vehicle - ELV), through their possibility of recycling and reuse, and all in the function of an adequate circular economy.
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