Impact of Covid-19 Pandemic in the Automobile Industry: A Case Study
The automobile industry faces a significant problem due to slow down in economy/gross domestic product (GDP). The COVID-19 is affecting tourism, traveling and auto shows. It makes transportation simple, easy, and secure by implementing new emerging technologies such as image processing, artificial i...
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Published in | International Journal of Case Studies in Business, IT, and Education pp. 36 - 49 |
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Main Authors | , |
Format | Journal Article |
Language | English |
Published |
22.02.2021
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Online Access | Get full text |
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Summary: | The automobile industry faces a significant problem due to slow down in economy/gross domestic product (GDP). The COVID-19 is affecting tourism, traveling and auto shows. It makes transportation simple, easy, and secure by implementing new emerging technologies such as image processing, artificial intelligence, deep learning, and transforming from simple vehicles to smart & autonomous vehicles. The study in this paper aims to analyse the market using sales/production data collected from the organization Internationale des Constructeurs d'Automobiles (OICA) across different regions, measures taken to overcome the recession caused by COVID-19 by analyzing similar situations and challenges faced in smart/autonomous vehicle. The challenges faced by autonomous vehicles with reference to camera and processing of captured image/video processing are discussed. Analysis of automobile Sales/Production shows the connection between market and GDP/economy. |
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ISSN: | 2581-6942 2581-6942 |
DOI: | 10.47992/IJCSBE.2581.6942.0149 |