Extraordinary Genius

Windstorm Holdings does not want an employee, a condition that was never thought of before. Malfoy had prepared a number of matters for negotiation, which had all been disrupted at that time.

Back at the company, Malfoy reported the matter to the board, and Ralph had a tough attitude, which he didn't agree to, and he didn't talk about anything else.

What is most troublesome about sharing is the issue of the salaries of these people. In 1998, the same employees came to a general strike ~, and 78,000 people joined together, and the whole of Detroit was seriously affected.

This strike also cost the same car more than $2.2 billion. Ultimately, the same management chose to compromise and re-sign a new collective agreement with the employees to increase their average pay once again.

The average hourly wage employed by such enterprises as Mad Tian in the United States is around $25, which is more than $70. Automobiles themselves have higher labour, financial and technological requirements, which in turn make production costs for the same use considerably higher.

And the number of employees who share less than 150,000, but the number of retirees exceeds 300,000, and the number of people they have to pay for health insurance and other expenses is counted as the employee's family, more than 1 million!

The annual cost of health insurance alone stretches the same funds, not to mention other benefits that cannot be reduced.

The same idea is to reduce labor costs and move factories to Brazil, Mexico and, preferably, Asia. But immediately the workers came to a big strike ~, which forced them to cancel the idea.

Feng Yu, who used the same car, also found it very amusing to read the information at the beginning, that is, the children of the same employees, can get into the same car work as a priority, which seems to be the same as Huaxia's original national enterprise succession system.

Huaxia abolished the system because it would significantly reduce the competitiveness of enterprises and increase their costs. The growing number of retirees will significantly increase the burden on businesses.

Basically, for every car downline, about $4,000 in medical, old-age and trade union expenses is covered. This high cost, Feng Yu is absolutely unwilling to bear.

Even Feng Yu can assert that no car company is willing to bear this cost. The profits of one car are just too high, more than double the profits of other companies.

Think about the Pokémon of Ice City Machinery Manufacturing Group, which sells cheap for less than $3,000, is the selling price, how much is the profit?

Don't you want to make a dime on a car and take a couple thousand dollars to get into the U.S. market? It's not expansion, it's death.

In fact, this dilemma has something to do with Feng Yu. First of all, they held fewer shares in the joint venture factory in Mundu than in previous generations, but invested a lot.

Second, shared cars have always been high-volume, powered cars, and when the US attacked Huaxia to pollute the environment, Feng Yu also responded on the US side.

It was pointed out that, with five percent of the world's population, the United States owns 30 percent of the world's cars, with emissions of carbon dioxide and other exhaust gases accounting for 45 percent of the world, and General Motors, which accounts for nearly a third of the world's cars.

The US government axe also responded by advocating for people to drive small volumes of cars, which blinded General's car company, which focuses on large volumes of cars.

And in fact, after rising oil prices again last year, the world has entered an era of high oil prices. Generally, households tend to prefer smaller, more energy-efficient cars. Traditionally large volumes of American-style cars are gradually losing market, not just for the same cars, including Fute.

Instead, the island's mad and dumb-ass sales festivals climbed during this time, as they were promoting energy-efficient cars in North America, which was also the most prominent place for island cars.

Feng Yu remembers that when he came to Obaku in his previous life, the US passed bills that set an energy-saving emission reduction standard, raised the standard year by year, and forced automobiles to lower their emissions.

In fact, Obama is now announcing his candidacy for the presidency, and Feng Yu has asked Ralph to do some support. Now it's like sending charcoal in the snow.

The same usage falls into the present situation and is inextricably linked to the political axe strategy of the United States. The high remuneration and welfare treatment of workers in the United States have an inescapable responsibility for political axe. And it won't be long before the country is pleased to see that Detroit, America's automobile city, is bankrupt!

Urban bankruptcy, that was a new term at the time. By the time the US government axe declared bankruptcy, the people were no longer so surprised.

Feng Yu predicted the multi-brand management strategy of the same car long ago, which would leave the same brand without focus, unable to effectively combine, and ultimately the core brand is weakened.

Not to mention the fact that shared cars want to be airplanes, acquire aircraft companies, aircraft companies, etc., which offset the core business of the company.

You said you didn't know about multi-brand alliances? Of course they know, and they made an attempt, but this attempt, in Feng Yu's view, is very ridiculous.

There are spare parts companies, engine companies, etc. under common use, and for the sake of so-called combinations and cost reductions, they let multi-brand products use the same production platform and spare parts, as well as the same parts for high-end and low-end vehicles.

This has led to the loss of premium cars and premium products, disappointing consumers and harming the five brands that were originally used together.

In Feng Yu's eyes, the bankruptcy of the same car is sooner or later, even without this subprime mortgage crisis, the same car will end.

With less than $100 billion in assets, they have already borne more than $150 billion in debt, which is too high, and interest alone is an astronomical figure, not to mention rising employee salaries, pensions, health insurance, etc.

In the meantime, Furt Automotive has taken a number of measures, such as layoffs, starting with executives, and stopping the car's credit business because too many people are not getting in yet.

Fute, like the same, has a financial credit company, but they only do auto credit, not real estate credit, which makes them much more resilient in times of subprime mortgage crisis.

And Fute also owns the world's largest car rental company, which means that those who have not yet taken out loans have their cars taken back, and can continue to make profits for Fute by rental companies, indirectly reducing Fute's losses.

The three major automotive companies in the US, shared, Fut and Chrysler (Daimler-Chrysler), are all in trouble at this time. Feng Yu actually has a certain interest in their brands.

Malfoy also suspended negotiations with Windstorm Holdings at the request of the Board of Directors, but heard that Furt Motors had gone to Windstorm Holdings.

The same directors are stunned by this news!

……