| Behzad Saberi
The impact of COVID-19 on the global automotive industry
ID number: J202051
Abstract: The outbreak of the new coronavirus (COVID-19), which arose in Wuhan (China), at the end of December 2019, spread rapidly around the world and has a serious impact on all aspects of society, including the automotive industry. Pandemics affected the entire global economy in the most severe way. Throughout January and February, automakers and their suppliers struggled to buzz the conveyors, but in March, the industry took concerted action, in sync with government recommendations, to ensure the safety of its personnel. The situation may worsen in the coming months: at least new cars will rise in price, which will provoke a new decrease in sales. Also, car manufacturers and spare parts manufacturers face a serious crisis in the industry, and losses.
Key-words: automobile industry, crisis, coronavirus, automaker, automobile, auto component
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| Borisov Michael Olegovich, Levanova Alena Sergeevna
Measures to support Russian business and the public in the context of the socio-economic crisis of 2020
ID number: J202052
Abstract: The article discusses the key problems faced by the Russian economy in early 2020, as well as their key causes. The results of a study of measures to support business and the population in different countries are also presented. Based on the analysis, measures were proposed to support Russian entrepreneurs and the country's population.
Key-words: course, finance, socio-economic crisis, real sector, financial sector, economy, monetary regulation, small and medium enterprises
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