Extraordinary Genius

Chapter 1503 Build a Grand Prize (Request for Tickets)

“If we don't count as commercial vehicles, if we count as passenger cars, we should have been the top ten in the world, and even last year we should have been the eighth in the world. But who thinks we're the eighth in the world? The top 10 car companies in the world have never had us! ”

Li Mingde was very uncomfortable. If Songjiang Automobile annexed the commercial car companies in the country, it might be able to squeeze into the top five.

Or the merger of those joint ventures could boost the ranking by several people.

Unfortunately, States are not allowed to do so. Although it is a business of enterprise, once it is annexed, the State disagrees.

If you want to merge, you can trade with equity.

Buy it with the money? Can you afford it? Sorry, not for sale!

That is, if Songjiang Automobile wants to expand, Taihua Holding Group will lose control of the business. And the Ice City Axe is very smart, and they will never sell their equity, even at a super high price of 30 percent of the premium.

What can I invest in if I take the money? Retention of shares, with annual dividends not small, would also keep the company's headquarters from moving out of Iceland and give them rich tax revenues.

The same goes for other car companies, they want to acquire us, okay, take the equity merger, we don't have a problem. With cash, then we don't have to talk!

Last year, Huaxia's annual sales of cars exceeded 6 million, pure passenger cars accounted for more than 50 percent, and Songjiang cars accounted for a third of them.

Huaxia's private passenger car holdings, which exceeded tens of millions last year, continue to grow rapidly, according to market research.

This data was also followed up by Feng Yu, who suggested that the automotive industry should be the pillar industry, so since it is the pillar industry, how can it make a private enterprise unique?

Now Songjiang Automobile is in such a trouble, want to expand, there is little hope in the country, want to be acquired, Songjiang Automobile is unwilling to acquire, because those small car companies are too bad, except for workers and land, Songjiang Automobile is not visible.

I can't get it. This leads to the size of Songjiang Automobile, unable to expand effectively and rapidly, and still has only a few brands, two types of logos (Oriental Deer is its own).

Sales of automobiles worldwide will grow rapidly over the next few years. Especially in these two years, the world economy has been in a very good position and is an absolute opportunity.

But here's the good news: since last year, shared cars have been bankrupt. At a time when the global economy is very good and automotive production and sales are soaring, the same use starts to lose with the world's number one production and sales!

The top ten car companies in the world, only the same use, are at a loss, but another large North American car company, Ford, is also not doing very well and its profits have declined dramatically, which corresponds to rapid growth in sales and profits for both Madfield and Volkswagen.

If we continue to do so, then the same will inevitably follow the same path of previous life, namely, applying for bankruptcy protection, relying on the Mi State Axe rescue, closing the factory, closing the sales center, layoffs, selling the brand, etc.

Although the former generations had rekindled, the world's first throne had given way to the mad fields, and had never been taken back. Even the second throne was sitting in the public, and they had no chance at all.

Sharing is a business problem, they have more than 20 brands, but they fight each other and fail to form an effective coalition. How much is wasted on production and R&D resources alone? Not to mention some of the brands they bought, they simply never made any money.

They wanted to be truly universal, any model they had. But it was ignored, because it was too complicated to make sense!

The biggest problem in general is in the North American market, where they own their own common car finance company, which provides car loans.

They use each other's letters to sell, but it takes a lot of time to get the car back. So even though they sell the most, a lot of them don't get paid.

If it wasn't an accident, then their model would be fine, and eventually the money would come back, and they would be able to invest through the finance company, even if it was just a simple loan, with good profits.

But Feng Yu realized that, like in previous generations, they took a step forward in super stinking chess. Their automobile finance company, so dead, went into the real estate market.

Because of the high profitability of the real estate market at this time, they have become one of the five largest home lending financial institutions in the United States and, at this time, seem to earn much more than car loans.

Car loans are generally of relatively short duration, and many people will go into credit bankruptcy when the two-room crisis erupts in the US in the past two years.

If car loans are the only ones, then the losses are modest, but if you count mortgages, the losses are significant. The sale price of a house can be much higher than a car and the repayment period is longer. If the credit goes bankrupt, there will be more bad debts and bad debts.

Originally, Feng Yu wanted Songjiang Automobile to develop according to schedule. For three years, when they applied for bankruptcy together, they had also developed into the world's top car company.

But they forgot that they were only passenger cars, and in the rankings of the world's car companies, they hadn't even entered the top ten yet. It is too slow to occupy the Huaxia Passenger Car Market Half-baked Jiangshan, including the low-cost, low-profit Pokémon. Even the top ten have not entered yet.

If it still develops so slowly, I'm afraid the same crisis will come, and Songjiang will not rise too much.

“Lee, don't worry about this, I'll take care of it.” Feng Yu thought about it.

Isn't the brand not well known enough? Isn't that what you want to win? It's so simple.

Build your own prize!

It's not like I haven't done this before.

The world-renowned awards are not all created yet.

They can do it. Why can't we?

The award they made was also a standard. The winners are the best of the standards.

If they can push standards, we can't? Why can't we get ourselves a prize when we're backing the highest growth market in Huaxia?

Not only to do it, but also to make it a world-class car prize!

But there's another difficulty with this prize, which is that you need other companies to participate and come up with enough models.

This is quite troublesome. Songjiang cars are not that big of a deal overseas.

I can't say, Feng Yu will show himself this time.

In his face as the richest man in the world, he personally sent out invitations, and those car companies, they should come.

It's just how to make this prize, how to highlight Songjiang Automobile, which needs to be considered carefully.

……

PS: Recommend a boutique cigarette, Fengshui Archmage. Interested students can check it out.