Automobile industry: Recent development in car production of Czech market

Abstract

The primary goal of this paper is to present a framework that enables one to obtain estimates on production for a Czech Republic automotive market. This paper firstly reviews previously selected studies on the Czech automotive sector while discusses the importance of automotive industry at the global level, as well. Secondly, this paper declares evidence of yearly development in the production of Czech automotive sector and sales since 2005 and previously trends in relation to GDP per capita and CCI, covering periods before, during and after crisis (GFC) period. Our sample is based on the observation of the production of finished vehicles between the period 2005 to 2015. For this case study, we have investigated companies involved in the Automobile Industry Association. Our findings suggest potential future research directions with respect to production that could be potentially helpful for the automotive sector and for developing predictive business models in this industry.