SAIC-GM plans to give employees long vacations to cope with sharp decline in domestic sales

As of May 31, sources recently revealed to "Auto Home" that SAIC General Motors has arranged a long vacation for production line employees during the upcoming high temperature holiday, which is expected to last 2-3 months. In March, this may affect the production capacity of SAIC-GM's four major domestic production bases.

It is reported that every year from July to August, many car manufacturers will give their employees a "heat leave" lasting 3-15 days to avoid the scorching heat. However, for the editor, the long holiday planned by SAIC-GM is not just to cope with the high temperature, but also a response strategy to the current sharp decline in domestic sales. At present, the wages of production line employees during the holidays have yet to be clarified.

According to data, SAIC-GM has four important production bases in China. They are the Autoneng Super Factory in Jinqiao, Pudong, the Jinqiao North and South Factory, and the Cadillac Exclusive Factory. factories, as well as production bases in Yantai Dongyue, Shenyang Beisheng and Wuhan. These bases carry the production tasks of the three major brands of Chevrolet, Buick and Cadillac.

In the past period, the three major brands of Chevrolet, Buick and Cadillac have achieved great success in the Chinese market, and their sales once reached mythical figures. However, in recent years, due to intensified market competition, SAIC-GM's market performance has gradually become unable to meet its expectations. The latest production and sales data show that from January to April 2024, the cumulative sales of SAIC-GM's three major brands were only 161,200 vehicles, a year-on-year decline of 39.40%, making it the subsidiary of SAIC Group with the worst performance decline. This current situation has undoubtedly brought unprecedented challenges to SAIC-GM.

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