IDEAS home Printed from https://ideas.repec.org/a/ahd/journl/v5y2025i12p28-38.html
   My bibliography  Save this article

Comparative Study on the Harmonization of Resource- Utilization in the Case of Three Companies in the European Automotive Industry

Author

Listed:
  • Bogdan Cosmin GOMOI

    ("Aurel Vlaicu" University of Arad)

Abstract

The European automotive industry has faced two major challenges over the past five years, the COVID-19 pandemic and the increased competition in this business sector, respectively, following the emergence of new models, including electric and hybrid vehicles. Thus, while 2020 saw a decline in sales due to the pandemic, they began to increase again, gradually, starting with 2021, being however impeded by a shortage of semiconductors. It can be argued that only 2023 marks a relative stability of car sales at European Union level. France, Germany, and Italy are three strong, comparable EU member states, with a renowned automotive industry. This study aims to highlight the financial path, in terms of resourceutilization, of three relevant companies in this field, namely, Renault, from France, Volkswagen, from Germany, and Stellantis, from Italy. The targeted time frame spans from 2020 to 2023, featuring both the pandemic context and the gradual recovery that followed. The financial harmonization of the resource-utilization is highlighted both statically and dynamically, using static financial indicators (structure of uses and resources, liquidity, solvency, and financial balance) and dynamic methods (absolute and relative deviations and average increase/decline rates).

Suggested Citation

  • Bogdan Cosmin GOMOI, 2025. "Comparative Study on the Harmonization of Resource- Utilization in the Case of Three Companies in the European Automotive Industry," CECCAR Business Review, Body of Expert and Licensed Accountants of Romania (CECCAR), vol. 5(12), pages 28-38, December .
    • Handle: RePEc:ahd:journl:v:5:y:2025:i:12:p:28-38
    DOI: 10.37945/cbr.2024.12.04
    as

    Download full text from publisher

    File URL: https://www.ceccarbusinessreview.ro/comparative-study-on-the-harmonization-of-resource-utilization-in-the-case-of-three-companies-in-the-european-automotive-industry-a440d/download-PDF/
    Download Restriction: no
    File URL: https://www.ceccarbusinessreview.ro/comparative-study-on-the-harmonization-of-resource-utilization-in-the-case-of-three-companies-in-the-european-automotive-industry-a440a/abstract/
    Download Restriction: no
    File URL: https://libkey.io/10.37945/cbr.2024.12.04?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    utilizations; resources; companies; the European Union; automotive industry;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M49 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Other
    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ahd:journl:v:5:y:2025:i:12:p:28-38. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Radu CIOBANU (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.