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China resumed work and production and business resumed rapidly, but Tesla's Chinese employees were also affected by the complete shutdown of business in the United States and around the world. Tesla recently announced a pay cut for all staff, which will last until the end of the second quarter and will tide over the difficulties together, including up to a 30 per cent pay cut for senior executives in China. According to foreign media reports, Tesla announced the launch of a salary reduction plan through an internal email. The specific salary reduction plan is as follows: in the United States, the salary of employees in the positions of vice president and above will be reduced by 30%, and those at the director level and above will be reduced by 20%. Other employees will have their salaries cut by 10%. At the same time, you can't work from home.
Independent brands are under great pressure in the face of dismal car sales in China, and even Geely, which has always had a strong momentum, has fallen. Recently, "Geely asked employees to voluntarily cut wages." the news that "take the initiative to buy a car" makes this independent car company once again become a hot spot in the circle. An application for a voluntary salary reduction for Geely Automobile employees was exposed on the Internet, the specific content is as follows: as a Geely person, he volunteered to share and struggle with the company, under the situation that the collective market of the automobile industry is facing great challenges, voluntarily apply for a reduction in wages and year-end bonus _ yuan as operating sharing funds. After the completion of the reduction plan of business sharing, the salary returned to normal.
Recently, there have been media reports of temporary layoffs at Baiteng Automotive's US R & D center, an 80 per cent pay cut for executives and delays in the payment of salaries for employees in China. In this regard, Baiteng Automobile responded that under the continuing impact of the epidemic, Baiteng can not be left alone, and the business operation is facing great challenges. At present, a number of phased measures have been taken to reduce short-term fixed costs and ease financial pressure. Among them, employees in China suspend part of their salaries according to their ranks, some employees in American offices are suspended from pay, and some employees in German offices shorten their working hours. At the same time, the core management of Baiteng Automobile will be collective.
On September 22nd, Faraday appointed Matthias Aydt as FF global CEO and Chen Xuefeng as CEO in China. It is understood that Chen Xuefeng decided to resign as global chief executive of FF on September 16, while resigning as a member of the board of directors.
According to the internal documents sent by Delphi Technology to all paid employees, novel coronavirus spread wantonly around the world, and the epidemic escalated in many places around the world, which had a great impact on the development of the industry. Our customers and suppliers are suspending their production operations and some engineering research and development work around the world. As a result, our customer orders have been greatly reduced, and Delphi's business has been greatly affected.
Sales of Geely cars, which have always been strong under their own brands, fell again in May, and Geely stalled amid an extremely depressed Chinese car market. Geely's sales report showed that sales in May fell 27% from a year earlier to 90309 vehicles, with a cumulative total of 560805 vehicles from January to May this year, down about 12% from a year earlier, a decrease of more than 76000 vehicles. Geely explained that the decline in sales in May was due to Geely's continued reduction in dealers' total inventory. Officially, it means that the total number of cars in stock at Geely dealerships is high. In fact, Geely has been declining since the beginning of this year due to the decline in sales.
An application for a voluntary pay cut from Geely Motor has been circulated on the Internet today. According to the application, 2019 is a key year for Geely to move towards 2 million vehicles, and in a situation where 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 reduction plan, wages will return to normal. Subsequently, Yang Xueliang, vice president of Geely Automobile Group, said on Weibo on the 15th that Geely's operating indicators were good and there was no so-called salary cut. Geely cars from 5.
Nissan disclosed in a document on Thursday that it would cancel unpaid benefits from former chairman Carlos Ghosn, including 4.44 billion yen ($41 million) in unpaid pension and 2.27 billion yen in stock appreciation rights, according to foreign media reports. And the current CEO Nishikawa Hiroshi is willing to take a 50% pay cut to make up for the impact on Nissan because of reported financial violations. According to Nissan documents, Ghosn's total compensation for the last fiscal year reached 1.65 billion yen, of which 410 million yen was actually paid and 1.24 billion yen was deferred to retirement. Ghosn was in Tokyo last November.
On the evening of April 23, Hyundai released its results for the first quarter of 2020. According to the financial report, Hyundai Motor achieved sales of 25.32 trillion won (145.1 billion yuan) in the first quarter of 2020, up 5.6 percent from the same period last year; operating profit was 863.8 billion won (5 billion yuan), down 4.7 percent from the same period last year; net profit was 552.7 billion won (3.527 billion yuan), down 42.1 percent from the same period last year. It is understood that net profit was the lowest in 10 years, mainly due to the demand for cars in the Chinese market hit by the epidemic and the losses in the company's financial business. Modern.
On October 16th, Jia Yueting, founder of Faraday Future (FF), published an open letter to all shareholders and investors. Jia Yueting said in the open letter: "I am actually the most anxious about the serious deviation between the real value of FF and the value of the capital market.
According to media reports, due to the impact of COVID-19 's epidemic, Fiat Chrysler (FCA) will implement deferred pay and other measures to avoid layoffs. FCA announced that from April to June this year, employees of the company will have their salaries cut by 20%, CEO Mike Manley will temporarily cut their salaries by 50%, executive board members will cut their salaries by 30%, and chairman John Erkan and board members will give up the remaining salary in 2020. FCA CEO Mak Mingkai said that it is every employee's responsibility to ensure the company's financial health.
Today, a number of media reports, according to Weima employees revealed: yesterday afternoon, Weimar CEO Shen Hui released a full internal letter, and the internal letter also spread on the network. It is believed that due to the impact of COVID-19 's epidemic, Weima Motor is facing great challenges in the supply chain, with a sharp rise in raw material costs and lack of supply.
Due to the spread of the COVID-19 epidemic, American car companies have temporarily closed their factories and entered a state of suspension, and the continuing uncertainty of the epidemic has put them under great pressure. therefore, in order to ensure sufficient funds to survive the virus crisis, both Ford and GM have announced "temporary wage cuts" and delayed the payment of part of the salaries of employees and executives. According to foreign media reports, General Motors has announced an indefinite suspension of production activities at its North American plants and has decided to delay the payment of all its salaried employees (about 69000 people) and will temporarily cut their wages by 20%. To save cash in response to novel coronavirus's crisis. GM also said that from this week.
According to foreign media reports, in response to the impact of the COVID-19 epidemic crisis, Daimler Group has signed a credit line agreement of 12 billion euros (92.2 billion yuan) to enhance its financial flexibility in the event of the epidemic crisis. Daimler said that the banks that signed the loans, including BNP Paribas, BNP Paribas, Deutsche Bank and JPMorgan Chase, could be used within 12 months, with two options for an extension of six months. It is understood that two years ago, Daimler Group signed a credit line of 11 billion euros with some international banks, which will be provided until 2025.
The resurrection of the future car! And handed in the car!
Recently, a picture of Geely employees' application for voluntary pay reduction was circulated on the Internet. Geely responded that "it is not true" in the picture: 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 shared funds, and the wage adjustment period is from May 2019 to January 2020. After the completion of the reduction plan for business sharing, wages will return to normal. Geely's employees responded that there were no rumors on the Internet, and said Geely adopted the electronic office.
On the evening of June 18, Zhongtai Motor issued a revised announcement of its 2019 results, showing a loss of 10.8 billion yuan to 11.5 billion yuan in 2019, compared with an estimated loss of 6 billion yuan to 9 billion yuan, compared with a profit of 800 million yuan in the same period last year. As for the reasons for the performance correction, there are mainly the following two points: ① is affected by factors such as COVID-19 's epidemic situation, and the company's cash flow is further affected. Due to financial constraints, the management of the company adjusted the original resumption plan according to the actual situation, adjusted some of the reproduced models and reduced the reproduction output, and the recoverable amount of the calculated production line was lower than its book value, resulting in some.
Affected by the epidemic, SAIC's production capacity and sales fell sharply in February. According to a data report released by SAIC, SAIC produced 32260 vehicles in February, down 90 per cent from a year earlier; sales were 47365, down 87 per cent from a year earlier. The sharp decline in production and sales data is mainly affected by the cessation of all activities under the epidemic. The resumption of production of many subsidiaries of SAIC Group gradually resumed in the second half of the month, while car sales stores are in a state of long-term closure, even if sales factories are opened. Consumers' willingness to buy cars is still affected by the epidemic. Specifically, SAIC Volkswagen sold 10, 000 vehicles in February, down 9. 5% from a year earlier.
Weibo blogger @ Li Ruhua asked Weima Automobile for a salary online on Feb. 25. According to the blogger, after getting off work on Friday, he received a phone call from the head of the department that night and was told to stay without pay. Earlier, he was exhorted by cross-level leaders to "quit voluntarily". The reason given was "compared to him."
Tesla was exposed that a large number of layoffs led to a sharp fall in stock prices, Musk had to come out to "put out the fire." "I have a very bad feeling about the US economy," Musk said in an internal email titled "suspension of global recruitment" obtained by Reuters two days ago. " In this email, Tesla
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
2019-04-17 17:36:07Details
All of a sudden! A Tesla in Dongguan was suspected of getting out of control and crashed into multiple cars and destroyed the shop door.
A # Tesla suspected of getting out of control and crashing into multiple cars crashed into the store door # news quickly rushed to the hot search list of Weibo. According to electric shock news and other media reports, on March 4, a Tesla was suspected to be out of control in a traffic accident in Chigang, Humen, Dongguan, Guangdong. After crashing into a BMW, he crushed a Toyota under the car and ended up with a shop facing the street.
2023-03-04 16:56:32Details
The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
On August 1, the new power brands NIO, Xiaopeng, ideal, Nezha and Zero announced the latest monthly delivery results. According to the ranking of the "Tramway report", the delivery volume of mainstream new power brands was more than 10,000 in July, of which the best performance was Nashi, with 14036 cars, followed by zero-running cars.
2022-08-02 10:28:37Details
Another independent brand was born. Hanlong's first model is "domestic range Rover"?
The Zhongtai version of the "domestic range Rover" has been published for nearly two years since the real car was exposed, and there has been no news of mass production and listing. Now the car has finally been officially unveiled, but it will not be launched as the infamous Zhongtai Motors. It belongs to the new brand "Hanlong Automobile". Hubei Daye Hanlong Automobile Co., Ltd. was established in January 2016 and is headquartered in Daye City, Hubei Province, according to official data. It is a modern new energy automobile parts manufacturing enterprise integrating new energy vehicle design, development, manufacturing, sales and after-sales service. it is also a professional system of automobile engine products, spare parts supporting system products and automobile maintenance.
2019-08-29 11:29:05Details
Benchmarking Song PLUS! Geely Galaxy Starship 7 released
Nilai also wants to make a range-extending car? No official response
Mitsubishi Nissan will establish a joint venture company!
Changan Automobile's October sales announced!
Volkswagen China CEO responds to layoffs: no longer blindly pursues market share
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