Providing financial security of auto dealerships under current conditions

TERRA ECONOMICUS, , Vol. 12 (no. 2.2),
p. 149-157

The article presents research results of peculiarities of providing financial safety of the companies car dealers in the conditions of modern economic dynamics. Also, the results of structure and quality analyses of automotive market in the first half of 2014 and business trends of growth change of pace of market niches of automotive trade were defined. Taking to consideration slowdown in economic growth of Russia, depreciation of the ruble delay and, as a result, increase in car prices and auto credit tightening in the year of 2014, the author makes a conclusion regarding drop in sales from 12% up to 18%. In the long run the Russian market is expected to have some moderate growth. Taking into account, it is assumed that management of financial strategy of auto dealerships should have been redeployed to tax risks reduction and ensuring decrease in tax risks, cost reduction and debt management of borrowing funds.

Keywords: auto dealerships; financial security; slowdown in economic growth

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Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606