China auto workers bear the brunt of price war


The price war triggered by Tesla has sucked in more than 40 brands, shifted demand away from older models, and forced some automakers to curb production of both EVs and combustion-engine cars or shut factories altogether. — Reuters

SHANGHAI: As Shanghai sweltered in a heatwave in June, the car factory where Mike Chen works switched production to night shifts and dialled down the air-conditioning.

For Chen, toiling through the early hours in his sweat-soaked uniform, it was the latest slap in the face after cuts in bonuses and overtime slashed his monthly pay this year to little more than a third of what he earned when he was hired in 2016.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Guocoland to be delisted from Bursa Malaysia on Aug 18
Stocks rise with oil price below $90, euro edges up, Iran in focus
Singapore entity secures green financing for Johor data centre campus
AirAsia sees net loss widen as oil prices rose in 2Q
Ringgit closes almost unchanged vs US$ ahead of 2Q GDP announcement
Pharmaniaga posts earnings jump to RM12.49mil in 2Q
Bursa Malaysia ends lower as selling pressure in oil-related counters weighs
Maxis appoints CEO Goh Seow Eng as executive director
ETA unit undertakes RM13.17mil construction jobs in Gombak
Orkim unit extends CVC contracts with Shell

Others Also Read