Extraordinary Genius

1690. Chapter 1690 Ford is anxious

Ford’s representative once again sat with Ralph, although his inner heart wanted to quickly collaborate with the Wind & Rain Holding Company, but it was superficial.

“Ralph, we have been talking for a long time, have you made a decision?”

Ralph smiled and said slowly: “Matt, my Boss still believes that Ford’s joint venture in China is very good, and he really wants it.”

“No, no, Ralph, I express very clearly. In addition to the two brands of Ford and Lin Biao, our overseas joint venture factory shares, only the shares of the code can be sold.”

These are strategic investments in Corporation, and the shares of the joint venture Corporation allow Ford’s car to be sold in most parts of the world, and can also enjoy local preferential policies, such as avoiding high import tariffs.

For example, in China, the CIF price of a car is about three times the CIF price compared with the retail price. This is mainly caused by high taxes and is a protection policy for China’s car companies.

But if it is a joint venture, the price can be greatly reduced, enhance competitiveness, and increase sales.

The joint venture vehicles are also launched by their brands, and they also have great benefits for the promotion of their brands. Many joint venture companies are nails that they are stuck in in some markets. Once they are sold, they want to open these markets, which is several times more difficult.

“Matt, if you don’t sell Ford, you have been waiting for our reply with the same side. They agreed, and sold all the shares of Shanghai together, including the brand use rights.” Ralph indifferently Said.

“Our Wind & Rain Holding Company group likes the car business, but it’s not just for you to choose the Ford family. In fact, we have to contact the same person earlier, and you should be clear about this.”

“What is the current car industry? We have also conducted in-depth investigations, and the surface is prosperous, but there are many hidden dangers in the dark. Only the Wind & Rain Holding Company group can save Ford. Other consortiums must have contacted you, but who can Take out more cash than we do?”

Matt still shook his head: “We need cash, but we can’t give up our future development. This is absolutely not allowed.”

“Well, it seems that this time we can’t talk anymore. We are looking forward to the next time we can reach a consensus. You better go back and discuss with your board members. It is the best business with our Wind & Rain Holding Company. Good choice.”

When Matt left, he did not think that the same use could agree to this condition. Selling the shares of the joint venture Corporation in Shanghai, the influence of using it in China will be much reduced. However, there are three joint ventures in China. It is not impossible to sell one, but it is impossible to sell the biggest. How is this possible? !

In the afternoon, the representatives of the same use sat down with Ralph to negotiate again. Ford was anxious to sell the business in exchange for cash to save the business of the Corporation, but they were more anxious to do so.

“Ralph, we talked more than once. Your Wind & Rain Holding Company group has always said that you are interested, but always put forward various harsh conditions, forcing us to make repeated concessions, so that our cooperation is difficult to continue.”

“Marl Fu, I am calling you today, there is also a good news to inform you that the acquisition of Shanghai’s plan has already received the approval from China. We can finish this first.”

“With this cooperation foundation and other business acquisitions, I believe we will reach a consensus soon. This is also recognized by our Boss.”

Marl Fu eyes shined, Shanghai with the same conditions, Wind & Rain Holding Company group concessions? This is great, and I have never lived up to the burden of Board of Directors. With this, perhaps he can already enter the Board of Directors.

The same use now costs too much, and Corporate’s debt is getting higher and higher, relying on high interest rate borrowing support, which will make Corporation’s debts like snowballs, rolling up, until one day.

Ralph has put forward a number of conditions, in addition to the North American side of the company alone, and the brands are the same as the most well-known brands, such as Cadillac, Buick, Chevrolet, GMC, etc. It will never be sold.

Turning Ralph changed the requirements again, such as Horton in Australia, which is Australia’s largest car brand, but also the same design and engineering technology center, which is also the core quality assets, they definitely do not sell.

The brands they brought out, the Wind & Rain Holding Company Group, couldn’t see it anymore. Finally, some of them reached a consensus, so that the same use can be accounted for a lot, to ease the plight of the Corporation.

Marl Fu quickly reported to the Corporation Board of Directors, and the Board of Directors agreed immediately.

Although they sold shares of Shanghai General Motors Corporation, they still have two joint venture vehicles in China. They are not completely withdrawing from the China market. They are only used by Shanghai and are the largest joint venture vehicles in China.

The other two, Wind & Rain Holding Company also expressed interest, but because the scale is too small, the amount of money is naturally not much, so the same use is not intended to sell, they always have to guarantee that there are joint venture car companies in China, let them Be able to continue to explore the Chinese market and consider the future of the Corporation.

As a representative, Ralph signed a cooperation agreement with Marlfu and held a press conference to announce the world.

This time the acquisition will exceed six One billion dollars, which is also the largest car industry acquisition this year. After the news was released, it attracted the attention of global car companies.

As soon as everyone investigated, it is impossible for Wind & Rain Holding Company to hold shares in Shanghai. It should be sold to Taihua Holding Group and then merged into the Bing City Machinery Manufacturing Group to upgrade the size of the Corporation and continue. Expand market share in China.

In this acquisition, Ralph also proposed a number of conditions, such as Shanghai can continue to use the original joint venture technology, and can use the same brand.

The same use thinks that they are cheaper. Although the brand seems to be free to use, it has expanded the brand’s popularity and has certain advantages for the development of their other two joint ventures in China.

But in fact, the technology is the focus of Feng Yu. When you change the appearance directly, you can continue to use the same technology that you used to produce the Shanghai brand’s own car.

Give propaganda to the same brand, dream!

After Ford heard the news, he was in a hurry. Shanghai used it to sell to the Wind & Rain Holding Company group, which was sold at a high price.

So does it mean that the Wind & Rain Holding Company group has chosen to cooperate with the same use and abandon their Ford?

No, you must start the in-depth negotiations with the Wind & Rain Holding Company group again. If necessary, some conditions can be given up! Ford’s finances, too much cash is needed.

……