Extraordinary Genius

1921. Chapter 1921 is a whole

“Horton car? Australia occupies more than 20% of the market? This data sounds wonderful, but how many cars can Australia sell in a year? Isn’t that one million this year?”

Even if Feng Yu is interested in the brand, it will not be directly expressed. And the Australian market is indeed shrinking, and this must be known to General Motors, otherwise it will not be so happy to sell it.

Another Feng Yu remembers that when he was alive, Horton eventually stopped production. Because the Australian market is over, the factories in Australia, including Ford and Toyota, have been shut down. The manufacturing costs are rising and the sales are declining.

To put it simply, the Australian market is saturated, and it has not been able to open up new markets, and it will be finished. At that time, there was no new market for the same use. Yes, but not for Horton, but for Chevrolet, Buick and other local brands. Horton’s popularity is too low.

However, Feng Yu is very interested in the technical center of Horton. Among them, the research on motor, transmission and chassis is the top in General Motors, and the world is first-class. It can complement the technology of Bing City Machinery.

There is no debt there, and the same use has already been laid off. It will not be big enough to reduce the production capacity of the factory there. In the end, it can simply become a technology R&D center and sales center, and no longer produce.

When Marco heard the words of Feng Yu, his face did not look awkward. He argued: “But Horton’s car is not only in Australia, but also exported to New Zealand, the United Kingdom, South Korea, the Middle East and the Middle East. It is very valuable. And the technology research and development center there is very powerful and contains many key technologies that we use together.”

“Yes, do you guarantee that those technologies you have not mastered with other brands? It seems that there are not many patents owned by Holden?”

Horton’s research has been successful, and the patented technology belongs to the General Motors Group. Holden holds some less important patents.

“Mr. Feng, Horton Car is really worth buying. It only takes five One Dollar dollars.”

Feng Yu paused the game and pressed a few times to open an electronic document.

“tsk tsk 啧, seven years ago, Horton could have six One billion Australian dollars a year. Last year, Horton had less than a billion Australian dollars in profits. So how much should it be this year? If it is not, it will still lose money. The reason why you were able to maintain a profit of nearly A$100 million last year was because you also made layoffs. To be honest, those managers are really qualified.”

Feng Yu shook his head and felt emotions, and his ridiculous remarks made Marco’s face change.

How is Horton’s information so detailed? Is Feng Yu originally planning to acquire Holden’s business and did a detailed investigation?

So is Feng Yu only investigating Horton or investigating all the business of General Motors? Details of General Motors, is Feng Yu completely clear?

“Mr. Feng, Horton’s profit fell because Horton originally held more than 40% of the shares in Daewoo. Later, Daewoo did not sell it to Tata Motors. So the business has shrunk and the profits are naturally Will fall, plus global car sales are falling…”

“Wait a minute, our car sales in China market have not declined, car sales in the Indian market have not declined, and our Bing City Machinery sales have increased by more than 15% last year, and this year may be more.”

Your decline does not mean that all are falling.

Marco was interrupted by Feng Yu again, but he did not know how to refute. Feng Yu is telling the truth.

“Mr. Feng, Horton Car’s R&D center, spare parts production center, car assembly center, sales channels, etc. are all quality assets.”

“Well, how do I hear that Horton Car suddenly bears a lot of General Motors debt? Your wholly-owned subsidiary, I don’t know how to operate internally, but these debts should not be Horton’s car. “Feng Yu smiled and asked.”

Fortunately, people are collecting news at any time, otherwise they will almost measure the wrong value, and the negotiation will be very passive. If you can still maintain a profit of A$100 million a year, then the price of the five One billion dollars is really not expensive, but if you put on a debt of a few Dollar dollars, let’s say Five One billion dollars, five Fifty million dollars of Feng Yu will not consider it.

“Debt? Is Mr. Feng wrong? There was a profit of 10 billion Australian dollars last year. How can there be debt?” Marco smiled a bit stiffly. How did Feng Yu know this news? Someone in Horton’s car executives must have been bought by Feng Yu!

“So can we disclose the financial situation? We talk about the sale of assets, we have to know in detail to decide.” Open financial situation, this is a very common requirement in the company acquisition.

Marco could dare to agree that their General Motors did pay a lot of debt to the subsidiary Corporation, which was intended to be sold to Feng Yu, before coming to Feng Yu.

“Okay, what Horton was like, what it should be like now, those debts, I will not bear it, so I can talk about it.”

“And, what is the Australian market, what Horton Corporation is like, my investigation is very clear, even what your General Motors overall, I know very well, you don’t have to lie to me.”

“Finally, I am a little interested in Horton Car and I am more interested in some of the technologies you use. I remember that you have a lot of joint ventures in China, including technology research and development centers, which are also included.”

Marco really didn’t know how to argue this time. His own bottom was already in front of the other side. The funny thing is that he still wanted to hide.

If China’s joint venture companies are also sold, they will have no valuable assets in China. The rest are some sales channels, but they can use the same car in China, in addition to the joint venture car, imported cars. I can’t sell a few at all.

He measured it in his heart. Even if these are added together, if you can’t get rid of some debts, you can sell up to eight One billion dollars. If you are tall, no one will buy them.

If two years ago, these assets he offered at least one hundred and one million dollars, then they used the industry Boss, no shortage of money, and still robbed the territory.

Feng Yu thought for a moment: “Right, I think your General Motors is also very short of money. I will help you again. You will transfer some patented technology to me, or give me a permanent license. I can also give you a copy. Technology transfer fees. These plus the assets just mentioned, make an integer, $10 billion. You think about it, give me a reply tomorrow, Acquired, maybe I don’t want to buy it.”

……