Authors
- Grishin Alexey Vladimirovich
Annotation
The purpose of our work was to study the impact of the economic crisis on the financial results of the automotive industry. We were faced with the following tasks: to evaluate the effectiveness of generating financial results in the automotive cluster; group and reflect the results of automotive clusters of Russian and foreign manufacturers; identify clusters with low and high financial reporting performance. The main methods used in our work were the assessment method and the method
of economic and statistical research of this cluster, as well as a comparative analysis of competitors in the process of industry comparison. Calculation of financial indicators of the industry was used as research materials. One of the key industries in the country that influences the stabilization of economic development processes is the automotive cluster. It gives impetus to the development of related industries, stimulates employment, both in the production of automotive equipment and in the maintenance of road transport, increases trade turnover, strengthens the monetary system, determining the need for automotive products. The article presents a list of economic indicators necessary to evaluate the automotive industry, indicating periods with low and high financial indicators of the automotive industry. The main factor in a market economy is to ensure the efficiency of financial and economic management for the optimal functioning of the automotive industry. Based on the studied secondary information, we described and presented the main trends and prospects for the development of the automotive cluster.
How to link insert
Grishin, A. V. (2024). ECONOMIC RESULT OF THE AUTOMOTIVE INDUSTRY IN ASSESSMENT OF FINANCIAL POSSIBILITIES Bulletin of the Moscow City Pedagogical University. Series "Pedagogy and Psychology", № 4 (42), 26. https://doi.org/10.24412/2312-6647-2024-442-26-35
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