Rebirth in a Perfect Era Chapter 1724: Auto Union
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Chen Ze although has extraordinary trust in Li Mu, but he really ca n’t believe that Li Mu has to buy three car brands from Ford in one go.
Li Mu saw him stunned and laughed: "Old Chen, I didn't make any jokes with you. We flew here so far, not to visit the Ford factory."
Chen Ze has settled his mind and asked: "How much will it cost to acquire these three brands, astronomical figures!"
Li Mu smiled and said: "However, the quotation is only billions of dollars."
Billions of dollars ...
Chen Ze almost vomited blood after listening.
Only Li Mu can make billions of dollars so easy.
However, if you think about it, these three brands add up to billions of dollars, which is really not high.
Recalling some of the data in his memory, he said: "It seems that Ford has spent at least 60-70 billion USD for Volvo? Coupled with Jaguar Land Rover, the purchase price of these three brands is at least 10 billion USD, How could it be so small advantage? "
Li Mu said with a laugh: "Because you lose money!"
As he said, Li Mu said like a few treasures: "You see, Volvo came to Ford and suffered huge losses; Jaguar and Land Rover were not able to escape the fate of huge losses when they were integrated by them. More than 10 billion USD bought three This brand has lost billions of USD in total over the years. Now it only sells billions of USD. Ford has lost at least 10 billion. "
The loss of large industrial groups is blunt knife cutting. although will not kill one knife, but each knife will cut a big piece.
For example, when the domestic steel and coal market is not good, private related companies can immediately turn from profit to loss, and then they are deeply trapped by their own companies. The loss is growing every day, and the more losses, the more, although the net assets at this time It is not negative, but the key is that this net asset is like a stock at the limit, and you ca n’t sell it if you want to sell it.
In this case, business owners can only bear losses, hoping to one day be able to wait for the market to warm up. Many times, they have abruptly turned the richest man in a place into a listed old lai, worth tens of billions to a negative value. If it is fast, it will take three or two years.
Once the industry has formed a trend of being stuck, it is really terrible, just like a block of cement that has fallen on the body, pulling people into the abyss and trying to get rid of it.
For centuries, Ford has been getting more and more dogs. The main reason is that the stalls are too large, and they are poorly managed, and they are eventually locked in by their own assets.
Chen Ze was shocked when he heard this, and hastily said, "Well, if you accept his three brands at this time, wouldn't you be Ford's Ah? billions of USD to buy back three loss-making enterprises? Do n’t you have to give them blood all the time? ”
Li Mu said with a laugh: "In Ford's hands is a life-giving ghost. In my hands, it may be the five ghosts. Ford has no ability to make these three brands profitable. It doesn't mean I don't do it."
Chen Ze is a bit big and rubbed its temples, saying, "Old Li, you haven't had a car before. This is a big industry with tens of thousands of people. Which car brand is not global sourcing or global sales? Optical supply chain It ’s enough to drink a pot, let alone sales. ”
Li Mu patted him on the shoulder and smiled: "Relax, I thought about what I should think, and I thought about what I should n’t think, I have a lot of confidence to turn these three brands into losses Ying, let ’s say, even if it does n’t work, it ’s only a few billions of USD. After losing the principal, I will dissolve the factory and donate all the equipment and technology patents to the country. It ’s a good thing, what are you afraid of? ”
Chen Ze nodded and smiled: "OK, since you have said so, then I will not support you anymore, what a brother."
After finishing, he immediately said again: "I still know a little bit about cars, as long as you need it, I will listen to you in the future."
Chen Ze itself is a car-obsessed person. He has a deeper affection for the car and the automotive industry than Li Mu. He was originally worried that Li Mu would buy back three hot potato, and finally beat the chicken eggs, but deep down, he took Li Mu The next three brands are still very much looking forward to. Now Li Mu shows strong self-confidence. He doesn't have that worry in his heart, and the rest is full of blood.
Three internationally renowned car brands are about to be acquired by China and become 100% China companies. This kind of thing is enough to make people excited.
If these three brands can be done well, it is simply the light of the nation.
......
Chen Ze came to the hotel excitedly with Li Mu. The team members of Elon · Musk have been waiting here for a long time.
In order to get these three brands, Elon · Musk brought all of their senior executives in Tesla. In addition, through the introduction of friends, they hired several high-paying auto industry authorities to ensure this acquisition. Ultimately landing.
For Elon · Musk, he is also looking forward to this acquisition, because as Li Mu said, if these three brands are available, then all models, platforms and technologies of these three brands will be open to Tesla .
That is to say, in the future, Tesla only needs to be re-energized on these three brand models. There is no need to redesign the chassis and build the platform, because the future Tesla can even be directly used by these three brands. Responsible for OEM (original equipment manufacturer) supplier.
Elon · Musk introduced the team members to Li Mu at the banquet. After lunch, everyone immediately came to the presidential suite of more than 400 square meters scheduled by Li Mu.
In the presidential suite, Elon · Musk made a general report to Li Mu.
At present, everything is going smoothly. In addition to the slightly higher demand for money from Ford, everything else is very cooperative, and sincerity is still very sufficient.
But there are also problems. For example, the current Volvo production line is still in Sweden. After the brand is changed, Muye Science and Technology will send someone to Sweden to solve the subsequent corporate changes, employee transfers and other issues. This is not too troublesome for Muye Science and Technology. The real trouble is that Land Rover also has a production line in the United States.
The main production line of Jaguar Land Rover is in the UK, but there is also a production line in the United States. According to the requirements of the auto industry union, if Ford sells this production line, the buyer must ensure that this production line must continue to operate for at least five years, and must not Take the initiative to lay off employees or stop production.
Elon · Musk introduced: "The auto union of the United States is very influential. Even GM and Ford can't help them. If we can't meet the requirements of the union, the auto union will prohibit Ford from selling this production line."
Li Mu nodded slightly.
He has long been a leader in the awesome of the American Trade Union.
In fact, it is awesome, sometimes it is better to say that it is a stupid bird.
The ability of the U.S. Automobile Trade Union can not only absolutely suppress car companies, but also influence the country ’s overall policy in the automotive field.
In the past, in order to resist the impact of Japanese automakers, the US trade unions demanded that the government exert pressure on Japanese automakers. Therefore, the US government required Japan to sign a "voluntary restraint agreement" and only exported 1.68 million vehicles to the US market each year.
In the end, the Japanese can only run to build factories in the United States. This although has benefited the American Automobile Union and solved a lot of jobs, but for the three major car companies in the United States, it is simply their mother ’s pig teammates. .
American cars are not competitive. Fortunately, they can also rely on the advantages of the local market to eat in the United States. As a result, Association is forcing Japanese car companies to come to the United States to build factories. For Ford, GM and Chrysler , This is simply to lead the wolf into the room.
U.S. labor costs are very high, which makes the three major car companies miserable. However, the Japanese understand cost control better than they do, so the advantages are very obvious. The American car companies are getting worse.
The auto union is still squeezing American auto companies. Ford once tried to close an assembly plant in the United States, but Association requires that even if the assembly plant is closed, more than 3,000 workers in the assembly plant must be paid in full. Salary, and social and medical insurance.
The decent automobile union has even proposed an extremely nonsense plan to require American auto companies to provide 95% of the wages to the unemployed workers of the automobile union. This is shameless.
More terrifying is that in order to protect their own interests, the auto unions have tried every means to prevent auto companies from optimizing their industrial structure.
For example, they tried every means to prevent American car companies from building factories overseas;
Another example, they tried every means to resist the automation reform of the production line.
Because of this arrogant operation, Detroit will gradually be reduced to a dead city, with Detroit dogs, and the golden years of the three major American car companies.
However, Japanese car companies are very chicken thieves. They came to the United States to build factories, but they refused to sign any agreement with the auto union, so that the auto union can only accumulate on American car companies like bloodsuckers. Instead, they are helpless.
This further weakened the competitiveness of American cars in the United States and Japanese cars, so the North American family car sales rankings were pulled out casually. Among the top five car companies that sold, Honda, Toyota, and Nissan all year round Occupy three seats.
Li Mu does not want to take care of the American Automobile Union. If he opens a factory in the United States, the Automobile Union will not sign any agreement with the other party even if he comes to the door, but the problem now is that Ford is in the power of the American Automobile Union. Scope, you can ignore the auto union, but Ford can't.
Then, Li Mu said to Elon · Musk: "The problem of the trade union will be difficult for us to solve in a moment and a half. The most important thing now is to complete the acquisition as soon as possible. After the acquisition is completed, they will slowly talk to them. "
Elon · Musk nodded and said, "I will communicate with Ford specifically."
Li Mu smiled slightly and said, "Ford himself should be deeply troubled by Association?"
Elon · Musk shrugged and said: "Everyone said that the purpose of the existence of the American car Association is to destroy the domestic auto industry in the United States. If they were not for them, Japanese car companies would not be so successful in North America. "
Finally, Elon · Musk reminded: "But in the afternoon you can use this question to suppress prices with Ford and let them make some concessions."