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CZECH AUTOMOTIVE INDUSTRY AND COVID-19.
- Source :
-
Ad Alta: Journal of Interdisciplinary Research . Jun2022, Vol. 12 Issue 1, p225-228. 4p. - Publication Year :
- 2022
-
Abstract
- The objective of this paper is to analyze how Czech car manufacturers have coped with the COVID-19 pandemic. Included are data on manufacturing companies taken from the Cribis database of the CRIF - Czech Credit Bureau a.s., specifically data on ŠKODA AUTO a.s., Hyundai Motor Manufacturing Czech s.r.o. and Toyota Motor Manufacturing Czech Republic s.r.o. Subsequently, the research comprises economic results, ROS (return on sales) and indebtedness calculated in relation to the aforementioned companies for the period of 2019-2020. The results show that the car manufacturers had greater losses during the COVID-19 pandemic than the year before. Additionally, they became more indebted in 2020 and had lower return on sales than in 2019. [ABSTRACT FROM AUTHOR]
- Subjects :
- *AUTOMOBILE industry
*COVID-19
*RETURNS on sales
*COVID-19 pandemic
*CREDIT bureaus
Subjects
Details
- Language :
- English
- ISSN :
- 18047890
- Volume :
- 12
- Issue :
- 1
- Database :
- Academic Search Index
- Journal :
- Ad Alta: Journal of Interdisciplinary Research
- Publication Type :
- Academic Journal
- Accession number :
- 157862780