BMW plans to reduce the length of employee work to save costs.
Editor’s note: This article is from “Future Car Daily” (WeChat public ID: auto-time), author: NIU Xiao Tong.
Organization | Niu Xiaotong
Headline
Geely and Volvo discuss the combined engine business
October 7, Geely Holding Group announced that its Geely Automobile Group and Volvo The Automotive Group is exploring the possibility of merging its engine business with the aim of building a world-leading powertrain business unit to develop and produce leading powertrains and hybrid systems. At present, the project is still in the planning stage, and it needs to be implemented after the parties have reached the merger intention and completed the due diligence. This program is designed to help Volvo Cars accelerate the overall electrification process. (Future Auto Daily)
Universal or will establish a joint venture battery company with LG Chem
According to foreign media reports, LG Chem is planning to establish a joint venture with GM for electric vehicle batteries. GM previously recommended the establishment of an electric vehicle battery factory in the United States as a bargaining chip with the American Automobile Workers’ Federation, but GM lacks the technology and experience to manufacture batteries. LG Chem is currently the largest battery supplier for GM, and experts say the company is likely to become a battery partner for GM. (Business Korea)
Features
The Eleventh Golden Week Railway has sent more than 100 million passengers
On the sixth day of the National Day holiday on October 6, the railway transportation entered the peak of return trip, the national railway pre-It sent 15.18 million passengers and added 1,104 passenger trains. On September 28th, the transportation of the Eleventh Golden Week began on October 6th. The railway has sent more than 100 million passengers, and the peak of the return trip on October 7 continues. (Beijing Youth Daily)
Tesla conducts production line testing in China
A video shows that Tesla Model 3 is being transported along the production line at the Shanghai Super Factory, indicating that the plant is undergoing final testing and the Shanghai Super Factory will begin full production this month. (TESLA RATI)
In order to save costs, BMW will reduce the length of employee work
In order to reduce costs, BMW plans to reduce the working hours of nearly 5,700 professional workers to 35 hours a week, and the affected employees may suffer losses of up to 14,000 euros per year. BMW previously said that it hopes to reduce the cost of 12 billion euros by 2022. (Automobilewoche)
Japanese cars are selling in Korea
As the trade dispute between Japan and South Korea continued to ferment, sales of Japanese cars in South Korea suffered another sharp decline in September. Toyota’s sales in South Korea fell by 62% in September from a year earlier, and Nissan and Honda also experienced corresponding sales declines. A spokesperson for Toyota stated that the sluggish sales level was directly affected by the negative relationship between Japan and South Korea. (Daily Car)
General Motors and the American Automobile Workers Association negotiate a bad situation