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Impacts of the global economic crisis on the automotive industry
Temlík, Lukáš ; Vošta, Milan (advisor) ; Kašpar, Václav (referee)
The main aim of this Master's thesis is to briefly describe the causes of the global economic crisis (including the ways it spread to the automotive industry) and to analyze its impacts in each center (USA, Europe and Asia) focusing on the USA, because it was just the cradle of the automotive industry, which suffered the greatest damages. This thesis also tries to provide the answers to the questions, to which extent each car maker had to deal with the problems (including the short description of the impacts on the largest Czech car maker) and how they managed to handle the crisis also partially thanks to the government measures of different countries or the EU as the whole. The Master's thesis further includes the final chapter summarizing and comparing the impacts on each center of the automotive industry with pointing out the most important facts regarding not only the performed changes, but also the probable future development.
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The influence of the scrappage bonus on german car industry
Rokošová, Lucie ; Svoboda, Miroslav (advisor) ; Janíčko, Martin (referee)
If and how much, the scrappage bonus influenced the number of first registered cars in Germany? This is the question addressed in this bachelor thesis. The empirical analysis method, difference-in-differences was used for the investigation. Findings are; in consequence of the scrappage bonus, there was an increase in the average amount of the first registered cars about 24.5 % (or 922 per million inhabitants); the end of the scrappage bonus caused the decrease of amount of the first registered cars about 23.56 % (or 835 per million inhabitants). Also in the others categories studied, the increase of first registered cars as a consequence of the scrappage bonus and decrease by the end of scrappage bonus is visible.
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Impact of the business cycle on the car industry development in the Czech Republic and its comparison with the situation in other countries
Bartoňová, Iveta ; Ševčík, Miroslav (advisor) ; Zeman, Karel (referee)
The aim of diploma thesis is the analysis of economic cycle in the car sector in the Czech Republic and the government's approach on this issue. I desribe the global economic and financial crisis in the years 2007 - 2010, which had impact on automotive industry, For comparison, I add approach by government abroad and development of automotive industry, mainly in Germany and the Slovak Republic. The first part consists of theoretical approaches of important economists of the economic cycle, the company in recession and the different approaches to structural policy. Individual approaches are different and unfortunately there is no uniform approach to effective solution of the crisis. The analytical part deals with the beginning of economic and financial crisis along with the impact on the production and sale of three automotive producers in the Czech Republic - Škoda auto a.s., TPCA, Hyundai Motor Czech s.r.o. This impact is compared with the consequences of the crisis at car manufacturers in Germany and the Slovak Republic. Finally comes the assessment of mainly interventionist approaches by governments in the Czech Republic and abroad. Through the efforts to alleviate the ongoing recession in the sector was being set up so-called scrap subsidy that had an impact on the industry in the Czech Republic, even though in our country was his introduction denied.
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The impact of global financial crisis on automotive industry in Czech and Slovak Republics
Gazdačko, Jan ; Němcová, Ingeborg (advisor) ; Hnát, Pavel (referee)
The essential theme of this thesis is evaluating impacts of financial crisis on automotive industry in the Czech and Slovak republics. The thesis examines the transfer of financial crisis from the USA to Europe and consequently to the Czech and Slovak republics whereas it identifies the role of different factors during the transfer. The thesis subsequently deal with reaction of the governments on the crisis aimed at automotive industry. Fundamental part is devoted to cash for clunker program where the main aim is to answer the question: To introduce or not to introduce cash for clunkers? With regard to recency of this theme and inaccessibility of professional literature the theme is elaborated in the way of study of domestic and foreign Internet resources and analyses from governmental and non-governmental organizations. The outcome of this thesis is evaluation of the status of automotive industry in the Czech and Slovak republics and evaluation of the governmental help to this branch of industry. Main contribution of this thesis is elaboration of a topical theme and the answer to the question concerning cash for clunkers. In conclusion we can mark the help of the Czech government as insufficient.
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Impact of financial crisis on the family budget
Hora, Lukáš ; Smrčka, Luboš (advisor) ; Zámečník, Petr (referee)
Market swings influence not only companies, goverment but also households. In the days of the economic recession people perception this progress more than economic growth. Nowadays media have according as technology development major impact on consumer berhavior. In this bachelor's thesis I put one's mind to affection of world and Czech economic on families or person. It has connection with process of savings in the past 2-3 years in private sector. In fine I handle with intervention of goverment and thier efficiency.
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An analysis of scrapping bonus and his microeconomical and enviromental impacts
Rezek, Adam ; Hudík, Marek (advisor) ; Brožová, Dagmar (referee)
This bachelor thesis deals with scrapping bonus and its influence on the sales of smaller vehicles. The thesis focuses on how the change in the change in the marketability of these vehicles is reflected in the new rolling stock and emission savings. The first part of the paper describes the influence of the subsidy on the automotive market and characterises individual segments. The practical part reviews specifically the impact of the scrapping bonuses in Germany and Slovakia in new vehicle rolling stocks. Consequently, the thesis attempts to determine the emission savings created by the replacement of old vehicles with new ones in the given countries under these premises.
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Economic effects of car scrapping subsidy
Sládeček, Dušan ; Svoboda, Miroslav (advisor) ; Bolcha, Peter (referee)
This bachelor thesis tries to examine real effects of vehicle car scrappage incentive on the Czech Republic using standard economic models, experience from the Slovak Republic and the University of Delaware study. This analysis results in the net welfare loss estimation amounting to 1 450 200 000 CZK at least. This thesis conclusions distort the idea of scrappage incentive scheme as a fiscally neutral impact on the state budget in long run as well.
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Scrapping bonus and his paradoxes
Zíka, Michal ; Šíma, Josef (advisor) ; Hadrabová, Alena (referee)
The thesis focuses on the meanings and paradoxes of scrapping bonus in automobile industry. The automobile market includes very wide legislative which has a restrictive effect on production cars but the scrappage has inverse consequences. Scrappaing bonus as a state interventions and their impacts on the market price, the market equilibrium and the wealth of people is another aim of this dissertation. This is conected with the Kuznets Curve which descibes the relationship between the quality of the environment and the welth of the people. The main point of the thesis is the analysis of the positive and negative arguments for the implementation of the scrappage. The implementation is related with the calculation of the CO2 emissions of the new cars and the CO2 emissions of the old cars. The results of the calculation should be confirm or refute the posibility, that the scrapping bonus is improving to improve the environment. The thesis contains the facts about the average age fo the car fleet because the scrapagge is often joined with the turnover on road safety.
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Srcappage and its incidence on the economy of Czech Republic
Marcol, Aleš ; Písař, Pavel (advisor) ; Ježek, Tomáš (referee)
The main aim of this thesis is an analysis of incidence of scrappage on the economics of Czech Republic. I will sum up all the arguments from both protagonists and opponents of scrappage and reasons why is most of all economists against the scrappage. This thesis is especially Czech Republic-oriented, because scrappege is quite a new idea, but I'm also going to use the facts from other counties, in which the scrappage has ended. I will try to find the answers to the most frequently asked questions concerning the scrappage, if the scrappage is really dissocial, if the scrappage only postpones future problems, which could be much more bigger, if the scrappage is only a zero sum game and, if the government donations to new cars only forces the poorest people, who cannot afford to buy a brand new car, to contribute to the richer people and if the government has been taken captive by the middle sphere.
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Perspective on Taxation of Motor Vehicles in the EU and Impact of Crisis on Automotive Industry
Maryško, Michal ; Láchová, Lenka (advisor) ; Láchová, Lenka (referee)
This work is devoted to the issue of taxation of motor vehicles, which is nowadays particularly crucial problem mainly due to the increasing impact of transport on the environment. Transport belongs among the five main issuers of CO2 into the atmosphere. Transport contributes almost 16% to the total emissions and road transport contributes 7% to this part. Because of this reason, the European Commission created and proposed a new form of taxation on the use of motor vehicles. This proposal is based on CO2 emissions and vehicle weight. Every single car producer will be forced to reach its specific goals until the year 2012. Emissions should be reduced to the threshold of 120g/km. Another way to battle emission of pollutants into the air are EURO emission standards, which establish binding limits for certain types of pollutants for brand-new vehicles. Afterwards, there is paid the attention to the current situation in the Czech Republic. Road tax (supplemented with time and power charging) has the main role in motor vehicle taxation. Nevertheless, people are presently facing the world economic crisis. Therefore, car producers have to spend a great force in order to remain on the market and it is not an easy task. In conclusion, I deal with financial aid, which had to be given into the automotive industry to let it survive. Just in Europe, car industry employs over 12 million people and fills public budgets with 360 trillion euros on average. It means that it is absolutely necessary to support this kind of industry at present.
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