Impact of the Covid-19 pandemic on the automotive industry in Slovakia and selected countries

The new coronavirus has far-reaching economic impacts all over the world and, due to the openness of the Slovak economy, it also has an impact on Slovak companies as well as car plants. Except that paralyzed European demand for vehicles, as well as the entire supply chain. The result was the fact th...

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Bibliographic Details
Main Authors: Kufelová Iveta, Raková Monika
Format: Article
Language:English
Published: EDP Sciences 2020-01-01
Series:SHS Web of Conferences
Online Access:https://www.shs-conferences.org/articles/shsconf/pdf/2020/11/shsconf_appsconf2020_01040.pdf
Description
Summary:The new coronavirus has far-reaching economic impacts all over the world and, due to the openness of the Slovak economy, it also has an impact on Slovak companies as well as car plants. Except that paralyzed European demand for vehicles, as well as the entire supply chain. The result was the fact that there was no one to make or something to make. And so the manufacturers, together with the suppliers, closed their productions for operational and hygienic reasons. However, this will have a very big impact on the economy as a whole, as the car industry is a fundamental pillar. The paper is pointed to highlight the current effects of the pandemic and measures in the automotive industry in Slovak republic and selected countries.
ISSN:2261-2424