Development of automotive market in Russia

Danil Prozorov

Bachelor's thesis

Abstract:

The automobile industry is the main part of automotive manufacturing, that influence on processes of economics and social development in the Russian Federation. Car manufacturing consists of a wide spectrum of technologies, fabrication output and elements of economics. The Automotive industry is unlike any other of the branches of modern engineering in combining the structural and technological complexity of each product with the mass scale of production. This sector influences technological progress directly. The level of its stage of development indicates both the solvency of the population and the standard of living in the country as a whole. Automobile manufacturing in many industrial countries holds a leading position in the production of GDP and affects the economic and social development of society. It stimulates the elaboration of inter-industry relations, provides employment, increases turnover and makes a contribution to the state budget. The car industry has a significant impact on the level of growth of the national economy. This can be fully attributed to our country. These circumstances determine the relevance of the research topic of this thesis. It is devoted to the study of growth factors and ways of development of the Russian automotive industry since the industry needs investment to modernize the production and output of products that can compete with foreign automakers. The level of development of problems in the modern automobile industry, in particular in Russia, is currently high. Since the national automobile industry, especially passenger cars, is currently under threat of extinction, solutions to problems are widely discussed and proposed by the state, car manufacturers, as well as experts, economists, and analysts. However, in order to solve these problems, we need a state policy aimed at creating favorable conditions for investment activities, protecting the domestic market, and improving the competitiveness of domestic products. The purpose of this work is to study the prospects for the development of the domestic automobile industry.

Abstract:

The automobile industry is the main part of automotive manufacturing, that influence on processes of economics and social development in the Russian Federation. Car manufacturing consists of a wide spectrum of technologies, fabrication output and elements of economics. The Automotive industry is unlike any other of the branches of modern engineering in combining the structural and technological complexity of each product with the mass scale of production. This sector influences technological progress directly. The level of its stage of development indicates both the solvency of the population and the standard of living in the country as a whole. Automobile manufacturing in many industrial countries holds a leading position in the production of GDP and affects the economic and social development of society. It stimulates the elaboration of inter-industry relations, provides employment, increases turnover and makes a contribution to the state budget. The car industry has a significant impact on the level of growth of the national economy. This can be fully attributed to our country. These circumstances determine the relevance of the research topic of this thesis. It is devoted to the study of growth factors and ways of development of the Russian automotive industry since the industry needs investment to modernize the production and output of products that can compete with foreign automakers. The level of development of problems in the modern automobile industry, in particular in Russia, is currently high. Since the national automobile industry, especially passenger cars, is currently under threat of extinction, solutions to problems are widely discussed and proposed by the state, car manufacturers, as well as experts, economists, and analysts. However, in order to solve these problems, we need a state policy aimed at creating favorable conditions for investment activities, protecting the domestic market, and improving the competitiveness of domestic products. The purpose of this work is to study the prospects for the development of the domestic automobile industry.

Keywords

Russia, Trend, Industry

Keywords

Russia, Trend, Industry

Language used: English

Date on which the thesis was submitted / produced: 4. 4. 2021

Thesis defence

• Supervisor: Mgr. Emil Velinov, Ph.D.
• Reader: Jana Přikrylová, Ph.D.

ŠKODA AUTO a.s.

ŠKODA AUTO VYSOKÁ ŠKOLA o.p.s.

Bachelor programme / field:
Economics and Management / Business Administration and Sales