A.A.  Ajupov, A.A.  Kurilova, G.E.  Karataeva, A.P.  Suvorova, A.V.  Korotkova, 
    Hedging Financial Risks of the Automotive Industry,
    International Business Management,
    Volume 10,Issue 27,
    2016,
    Pages 6144-6148,
    ISSN 1993-5250,
    ibm.2016.6144.6148,
    (https://makhillpublications.co/view-article.php?doi=ibm.2016.6144.6148)
    Abstract: The change in the value of currencies and securities, the cost of raw materials and metal, makes it relevant to the issue of hedging of financial risks at the enterprises of automotive industry. The article presents an analysis of the advantages and disadvantages of financial instruments such as futures, options, and presents the methodology to hedge the risks of rising prices for raw materials and currency to the automotive industry depending on the net position.
    Keywords: Automotive industry;hedging;futures;risk;option;foreign exchange risks;steel;a model