Sustainable development of the automotive industry in the face of growing global turbulence

Abstract

The paper discusses the growing influence of big business in the world economy and the level of its social responsibility in the context of global turbulence. On the example of the automotive industry, the authors reveal the positive effects of various aspects of the economic activity of multinational corporations based on the paradigm of sustainable development. The paper identifies new challenges that automotive corporations are facing and that are triggered by the global trend of business engagement in achieving the sustainable development goals. The strategies of a number of corporations to overcome these challenges and strengthen their positions in the global market are specified.

Keywords

• глобальная турбулентность
• устойчивое развитие
• автомобильная промышленность
• мультинациональные корпорации
• трансформации