SAIC Volkswagen is facing the biggest market pressure in 20 years.
Editor’s note: This article is from “Economic Observer Network“, author Dry group.
“It’s true. But it’s exaggerated.” On September 20th, for the poor media reported by the media recently, SAIC Volkswagen employees were transferred to open a car, a SAIC Volkswagen internal The person confirmed to the Economic Observer Online that there were indeed employees who were transferred to the group’s travel company, but the details were different. The network car mentioned here refers to the car platform that the SAIC Group has been on the line in December 2018. “SAIC needs people to drive, and the public needs to divert people.”
And the insiders of the road also confirmed this phenomenon to the Economic Observer, which said that in the process of broadening the recruitment channels for drivers, various companies within SAIC have given great support, from May 1 this year. The first batch of internal employees of the company entered the enjoyment of the trip. The number of employees in the SAIC Group in the enjoyment platform service is 146. In addition, more than 20 internal employees have returned to their original positions for personal reasons.
Because the auto market entered the transition adjustment period and the sales volume declined, the news that domestic auto companies closed factories, pay cuts, and layoffs frequently came. Many auto companies began to reduce the number of employees and resettle employees by way of travel companies. . Before, Shenlong Automobile Co., Ltd. also placed some employees in its travel companies, which also caused an uproar in the industry. Surprisingly, SAIC Volkswagen, which ranks among the top three in the industry, will also “fall down” to reduce the number of employees in this way.
SAIC Volkswagen is facing the biggest market pressure in 20 years. According to data from the Association, SAIC Volkswagen sold 151,000 units in August, down 3.2% year-on-year; the cumulative sales volume in January-August was 1215206 units, down 8.5% year-on-year. The decline in sales has forced car companies to reduce production capacity. From January to August, the cumulative output of SAIC Volkswagen fell 14.6% year-on-year.
The decline in sales directly led to a decline in the profitability of SAIC Volkswagen. According to the SAIC Group’s financial report, in the first half of this year, SAIC Volkswagen’s total operating income was 112.79 billion yuan, down 19.1% year-on-year; the net profit attributable to the parent company was 9.88 billion yuan, down 36.2% year-on-year. In the first half of 2018, SAIC Volkswagen’s total operating income was 139.5 billion yuan, 26.7 billion yuan more than this year. In 2018, the net profit attributable to the parent company was 15.5 billion yuan, 5.7 billion yuan more than this year, that is to say, the net in the first half of this year. Profit decreased by 36.8% compared with last year
In addition, SAIC Volkswagen’s bicycle profit is also falling. In 2018, its bicycle profit was 15,188 yuan, but the bicycle profit in 2019 was 10,662 yuan, a decrease of 4526 yuan. From January to July, the cumulative sales volume was 1,640,200 units, down 9.25% year-on-year, and SAIC Volkswagen has been pulled down by FAW-Volkswagen. The market pressure of SAIC Volkswagen has already appeared in 2019. On January 16 this year, the Jiangsu Automobile Distribution Association issued a condemnation of SAIC Volkswagen on its official public account. “SAIC Volkswagen has forced the dealers to sell the warehouses for the sake of the competition. The SAIC Volkswagen 4S stores have fallen into a quagmire.” The Jiangsu Automobile Distribution Association even used words such as “forced” and “middle pool” in the discussion of the topic.
In the past 2018, SAIC Volkswagen sales fell for the first time in 14 years. From the market performance in the first eight months of this year, the pressure has not eased. Some media reported that before the opening of the car, SAIC Volkswagen said that the factory may start working for two weeks in a month, rest for two weeks, and the employee’s salary will be halved with the adjustment of the construction period.
But the insiders of SAIC Volkswagen told this reporter that the original unit position of the employee who chose to be the driver will still be retained. The contract period is one year. After one year, the employee decides whether to return to the original position and continue to work. “Don’t (say) disguised layoffs, the director of a department has not passed.” The above-mentioned insiders told this reporter that the employees who went to open a network car can actually get double pay. The original unit retains the salary, and the revenue from the opening of the network is owned by itself.
Economic Observer Online reporters call the official travel customer service to understand that the current enjoyment of travel is still in the accelerated layout stage, recruiting drivers in Shanghai, Zhengzhou and Suzhou, compared to Zhengzhou and Suzhou “holding local household registration or residence In the Shanghai area, the enjoyment of travel only supports Shanghai household registration, SAIC brand vehicles, and drivers who have a network reservation taxi transport certificate and a network appointment taxi driver license.
The industry believes that the higher threshold makes it more difficult for SAIC to enjoy the recruitment of drivers, and the shared travel platform requires large-scale paving to ensure a better user experience. This is also an important reason for SAIC Volkswagen to implement this strategy. One.
In addition, according to the above media reports, the employee diversion is not only in SAIC Volkswagen, but SAIC Group has given 7,500 riders to the group’s subsidiaries. “We have never heard of this data. The group has not sent any indicators to the companies. Our recruitment is based on voluntary conditions. And they can withdraw and return to the original unit at any time.” Enjoy the insiders to the Economic Observer Said.
In addition, the Economic Observer reporter asked about the main subsidiaries of SAIC, SAIC-GM, SAIC-Datong and SAIC-GM-Wuling’s three internal corporate public relations personnel. All three companies said they have not heard the relevant news, and SAIC passengers have used it. The car did not respond until the press release.
However, the SAIC Group announced that from January to August this year, in addition to SAIC Chase and Shanghai Shenwo Bus, other domestic subsidiaries of SAIC Group produced and sold.The amount has declined to varying degrees.
(Note: The cover image is from pexels.com)