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Coronavirus pandemic Impact on the European automotive industry growth under its structural transformation

Author

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  • Maria Ilyinichna Podstavkova

    (Russian Foreign Trade Academy; ÀÎ “Mercedes-Benz”, Moscow, Russia)

Abstract

Currently, the automotive industry of the European Union is one of the fastest growing industries in the world, but today this sector is facing many diffi culties. For now, one of the serious issues is the sudden outbreak and rapid spread of the coronavirus pandemic around the world. Today, it is very important for European automobile companies to forecast and analyze the possible impact of the pandemic on future growth of the automotive business in the region in the short and long term for elaborating plans for the strategic development of companies in and efficient implementation of new business models.

Suggested Citation

  • Maria Ilyinichna Podstavkova, 2020. "Coronavirus pandemic Impact on the European automotive industry growth under its structural transformation," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 5, pages 101-109, May.
    • Handle: RePEc:alq:rufejo:rfej_2020_05_101-109
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