AutoBeta(AutoBeta.net)05/15 Report--

Recently, a picture of Geely's application for a voluntary pay cut was circulated on the Internet, and Geely responded: "it's not true."

As shown in the picture above: 2019 is the key year for Geely to move towards 2 million vehicles, and under the situation that the overall market of the automobile industry is facing great challenges, Geely employees need to voluntarily apply for a reduction in wages and year-end bonuses as operating sharing bonuses. The wage adjustment period is from May 2019 to January 2020. After the completion of the business sharing reduction plan, wages will return to normal.

Geely's employees responded that there were no rumors on the Internet, and said Geely uses electronic offices and rarely uses written documents to communicate.

According to Geely's April sales report released on May 8th, Geely's sales in April were 103900 vehicles (including Lock models), down 19% from a year earlier and 17% from a month earlier. Of this total, sales of pure electric and hybrid models (including plug-in hybrids) were the same as in March, while exports were 7072, down 11% from March.

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