Financial performance analysis of automobile industry after Covid-19 Pandemic

Authors

  • Veena Yadav Research Scholar, Mewar University, Gangrar Chittorgarh, Rajasthan
  • Dr. Tina Bansal Assistant Professor, Mewar University, Gangrar Chittorgarh, Rajasthan

DOI:

https://doi.org/10.29070/htqqmx91

Keywords:

Financial Performance, Automobile Industry, Post-COVID Recovery, Revenue Growth, Profitability Analysis, Liquidity Ratios, Market Capitalization

Abstract

The COVID-19 pandemic had a profound impact on the global automobile industry, disrupting supply chains, reducing consumer demand, and altering production strategies. This research paper provides a comprehensive financial performance analysis of the automobile industry post-COVID, focusing on key financial indicators such as revenue growth, profitability, liquidity, and market capitalization. Using a comparative approach, this study examines financial data from major automobile manufacturers worldwide, highlighting the variations in recovery trends across different regions and market segments. The analysis incorporates key financial metrics such as Return on Assets (ROA), Return on Equity (ROE), Earnings Before Interest and Taxes (EBIT), and debt-equity ratios to assess the financial health of the industry. Additionally, the study explores the role of government stimulus packages, digital transformation, and shifts in consumer preferences towards electric vehicles (EVs) and sustainable mobility solutions. The findings indicate that while the automobile industry has shown signs of recovery, the pace of financial rebound varies among companies, influenced by factors such as operational efficiency, technological adaptation, and market demand. This research contributes to the existing literature by offering a data-driven evaluation of the industry's financial resilience, providing insights for investors, policymakers, and industry stakeholders to navigate future uncertainties effectively.

References

Desai, P. (2022). The impact of COVID-19 on the financial performance of the automobile industry: A sector-wide analysis. Journal of Financial Studies, 45(2), 112-130.

Devi, R., Kumar, S., & Sharma, P. (2022). Evolution of the Indian automobile sector post-liberalization: An economic perspective. Economic Policy Review, 39(4), 245-268.

Gupta, V., & Choudhary, R. (2021). Supply chain disruptions in the automotive industry due to COVID-19: Challenges and recovery strategies. International Journal of Business and Management, 16(5), 78-95.

Han, J., Hayashi, Y., & Zhang, X. (2023). The future of electric vehicles post-pandemic: Market trends and consumer adoption. Journal of Automotive Research, 50(3), 121-143.

Joshi, M., & Verma, K. (2021). The financial resilience of automobile manufacturers during COVID-19: A profitability analysis. Global Finance Journal, 28(1), 55-78.

KM Raj, P., Thomas, A., & Fernandez, J. (2021). AI integration in the automobile industry post-COVID-19: Challenges and innovations. Technological Advances in Engineering, 15(2), 301-320.

Kumar, S., & Patel, R. (2023). Debt-to-equity trends in the automobile sector post-COVID-19: A comparative study. Finance and Economic Review, 33(4), 198-214.

Lee, C., & Wang, H. (2021). The impact of financial distress on automobile companies: A case study of the 2020 crisis. Asian Journal of Finance, 22(1), 67-85.

Li, Z., & Zhou, M. (2022). Revenue fluctuations in the global automobile industry: A COVID-19 impact assessment. Economic Review of Industrial Sectors, 40(3), 188-209.

Liu, Y., & Park, S. (2021). Automotive industry recovery strategies after COVID-19: Insights from financial data. Journal of Economic Studies, 29(4), 215-233.

Mishra, S., & Gupta, P. (2022). The role of government policies in stabilizing the automobile industry during crises. Journal of Economic and Financial Policy, 31(3), 120-145.

Nayak, B., Rao, P., & Das, S. (2021). Sectoral analysis of COVID-19’s economic impact: A focus on automobiles. International Review of Business Studies, 18(2), 99-117.

Park, J., & Kim, H. (2023). The profitability and risk factors in the automotive industry post-pandemic. Journal of Financial Economics, 55(1), 76-101.

Patel, A., & Shah, N. (2021). Liquidity management in automobile companies post-pandemic: A financial ratio analysis. Business and Economic Review, 28(2), 134-156.

Prasad, K., & Mehta, R. (2022). Consumer demand and sales trends in the post-pandemic automobile market. Marketing Research Journal, 25(3), 174-192.

Rachmatullah, A., Suharto, H., & Budi, W. (2023). Financial performance of automobile firms in Indonesia pre-and post-COVID-19. Asian Journal of Financial Analysis, 41(2), 155-178.

Rahman, M., & Chowdhury, T. (2021). The economic shock of COVID-19 and its effects on the automobile industry. International Economics Journal, 34(1), 45-72.

Reddy, S., & Sharma, V. (2022). Investment trends in the global automobile industry post-pandemic: Challenges and opportunities. Global Business Review, 37(4), 203-226.

Singh, R., & Kapoor, M. (2023). The role of electric vehicles in reshaping the automobile industry post-COVID-19. Green Technology and Economics, 20(1), 89-109.

Srivastava, A., & Tiwari, P. (2022). Financial risk management in the automobile sector: Lessons from the pandemic. Finance and Risk Journal, 24(3), 139-162.

Sun, Y., & Zhang, H. (2021). Market resilience and adaptation in the automobile industry post-pandemic. Journal of Business Economics, 29(2), 92-113.

Takahashi, K., & Ito, S. (2023). Comparing pre- and post-pandemic economic performance in the automotive sector. Asia-Pacific Economic Review, 35(3), 167-188.

Tan, B., & Lim, J. (2021). Evaluating supply chain risks in the automobile industry during and after COVID-19. Journal of Supply Chain Studies, 19(4), 78-99.

Thomas, L., & George, A. (2023). Post-pandemic recovery strategies in the automotive sector: A financial perspective. Journal of Financial Strategy, 30(2), 112-135.

Verma, R., & Joshi, H. (2022). A comparative study of profitability trends in automobile firms post-COVID-19. Journal of Business and Finance, 27(1), 87-105.

Wang, Y., & Liu, X. (2023). Structural changes in the automobile industry post-pandemic: A financial analysis. Industrial Economics Journal, 31(4), 204-227.

White, D., & Brown, T. (2021). The economic impact of COVID-19 on the automobile industry: A global perspective. International Journal of Automotive Studies, 14(3), 132-156.

Xu, L., & Chen, J. (2022). Evaluating long-term financial stability in the automobile sector post-pandemic. Finance and Investment Journal, 38(2), 178-195.

Yang, M., & Lee, K. (2021). Market dynamics in the automobile sector post-COVID-19: A global analysis. Journal of Economic Perspectives, 26(3), 145-168.

Zhang, P., & Wu, Q. (2023). Strategic shifts in the automobile industry following the COVID-19 pandemic. Global Business and Finance Review, 42(1), 99-124.

Downloads

Published

2025-01-01

How to Cite

[1]
“Financial performance analysis of automobile industry after Covid-19 Pandemic”, JASRAE, vol. 22, no. 01, pp. 234–245, Jan. 2025, doi: 10.29070/htqqmx91.

Issue

Vol. 22 No. 01 (2025): Journal of Advances and Scholarly Researches in Allied Education (JASRAE)

Section

Articles

How to Cite

[1]
“Financial performance analysis of automobile industry after Covid-19 Pandemic”, JASRAE, vol. 22, no. 01, pp. 234–245, Jan. 2025, doi: 10.29070/htqqmx91.