Impacts of the Global Crisis Period 2007- 2010 on the Automotive Industry in the Czech Republic
Sedláček Marek
Keywords:
economic crises, performance, sales, result indicators, development
Abstract:
The main aim of this article was to analyse the possible intensity of dependency of the Czech
Republic, or more precisely, its total economic indicator Gross Domestic Product on realized
Sales sector of the automotive industry before crisis, during the crisis period (2007-2010) as well
as after the crisis. There was also used the development analysis of individual total economic
indicators in the Czech automotive industry in time. On the other hand, in the article there
were found and analysed impacts of the global recession on the functioning of several chosen
companies associated in the Automotive Industry Association of the Czech Republic at their
interaction with this way developed macroeconomic surroundings.
The investigation was based on the development of company result indicator value (Sales) of the
selected companies and the chosen macro indicator (Gross Domestic Product) when looking
for their reciprocal dependency in the period mainly connected with the financial and economic
crisis. In the contribution, an elementary analysis of the chosen indicator Sales was carried out.
With the help of regress and correlation analysis there were further researched the relationships
among this chosen indicator of company performance reciprocally with all the companies, the
Automotive Industry Association of the Czech Republic as a whole, and the chosen macro-indicator
representing the development of selected markets. For the following calculation of tested
criteria, Cohen’s Coefficient was used to be able to assess the effect of the group on the value
variability of studied random quantity
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10.7441/joc.2013.02.08
Sedláček M. (2013). Impacts of the Global Crisis Period 2007-2010 on the Automotive Industry in the Czech
Republic. Journal of Competitiveness, 5 (2), 108-123 https://doi.org/10.7441/joc.2013.02.08
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