Roger Smith found this unbearable.

But before he could speak, Chen Geng had already spoken: "Mr. Smith, can you tell me how much money you GM plans to lose next year? In addition, when does GM plan to achieve a 66% market share?"

In the absence of evidence, it must not be said that GM was behind the previous AMC workers' strike, but this did not prevent Chen Geng from finding an opportunity to disgrace Roger Smith.

“......”

Roger Smith's face was red, and he couldn't say a word for a moment.

The day was so easily talked to death by Chen Geng.

There was a low laugh all around.

No one is a fool, although everyone doesn't know what Roger Smith plans to come over to talk to Chen Geng, and they don't know that General Motors is behind the AMC workers' strike a few months ago, but Roger Smith is not good, everyone can see it, but I didn't expect Roger Smith to be "shot" before he was killed by Fernandez · Chen took the lead in slapping in the face: General Motors is the largest automaker in the United States and even in the world, this, yes, but since the seventies General Motors began to decline, to the oil embargo, General Motors' sales fell by more than 35%, and by 1980, General Motors had an unprecedented loss of more than $660 million!

That's $660 million in 1980!

Converted to 2015, 35 years later, that would be a loss of at least $2 billion.

And under what circumstances did he Roger Smith come to power?

Isn't it because the majority shareholders of GM can't stand the incompetence of former chairman and CEO Fred Donner, that this is why he has the opportunity to be Roger Smith?

Unfortunately, since he took office this year, that is, on January 1, 1981, the situation of General Motors under his leadership has not improved, but has become worse and worse, not only has it not achieved the goal of "increasing GM's market share from the current 56% to 60% within two years" proposed at the beginning of his tenure, but has instead achieved the goal of "increasing GM's market share from the current 56% to 60% within two years", but has achieved the goal of "increasing GM's market share from the current 56% to 60% within two years" at the beginning of his tenure. Under the squeeze of European automobiles, in the past November, GM's market share fell to an unprecedented 64.2% in the past two decades!

Chen Geng's words are not just a slap in the face, they are simply pulling Roger Smith's collar and turning it over and over again!

But Roger Smith can become the new CEO of General Motors, after all, it is not easy to match, although Chen Geng's words and the low laughter of the crowd around him made him very annoyed, but he quickly adjusted his mood, sneered, and said: "General Motors is just adjusting itself now, but even so, we occupy more than 54% of the market share in North America, but your AMC, what is the current market share?"

As soon as Roger Smith's words came out, the crowd around him was a lot quieter, and Roger Smith was right, even if the current GM was not as good as Alfred Smith. The P. Sloan era is so unbeatable, but GM is still the largest automaker in the U.S. market share after all, compared to GM, which has a market share of 54.2%, your AMC has more market share?

Chen Geng smiled slightly, and said calmly: "AMC's market situation, development trend and profitability, I believe that Mr. Smith should be very clear, I can be sure that AMC's profit will increase year by year, and I am even more sure that GM will lose more and more under your leadership, Mr. Smith, do you believe it or not?"

This is simply pointing at Roger Smith's nose and denouncing him for being incompetent and unworthy of being the CEO of General Motors.

Roger Smith's face suddenly turned the color of pig liver!

According to the unspoken rules of the industry, no matter how much everyone competes to the death, they must always save enough face for each other at this time...... Roger Smith obviously forgot that he didn't follow the rules first...... But Fernandez Chen's approach was to tear his face at all, so why couldn't he bear it? Immediately raised his hand and pointed at Chen Geng and said, "Okay, good, Mr. Fernandez, what if the situation at General Motors is better next year?"

"Well, let's make a bet," Chen Geng looked around and said aloud: "Please also give us a witness: if GM's market share in the whole of fiscal year 1982 declines further, with an average annual market share of less than 53% and a total loss of more than $1 billion, I will lose $1 million to Mr. Roger Smith;

But if I win...... Well, I know Mr. Smith you can't afford that much money, so how about you donate $100,000 to the Red Cross in your personal name, and GM to donate another $300,000 to the Red Cross? Mr. Smith, do you dare to take this bet?"

He looked at Roger Smith with a smile, and he had a posture of "$1 million, do you promise?"

The onlookers gasped in unison!

Although the guests who are qualified to come to tonight's dinner are either rich or noble, or even rich and expensive, they ...... $1 million, all the belongings of a millionaire, Fernandez Chen just took it out and bet it with others......?

It's good to be rich and really T mother!

Although no one thinks that Chen Geng will win this gamble, the reason is very simple, the other party is General Motors! General Motors, which once accounted for 70% of the country's passenger car sales in the United States at its peak!

Will Roger Smith lose?

Will GM lose?

How can it be?!

Roger Smith sat on wax, he didn't expect Chen Geng to be so ruthless.

As the CEO of General Motors, his salary is certainly not low, with an annual salary of $300,000, plus various benefits given by the company, at least $500,000 a year, but ......

$100,000!

While he doesn't think he's going to lose (Roger Smith, one of the best professional managers of his time, is convinced that he will be able to lead GM back to the glory of the Sloan era), it's $100,000.

As for donating $300,000 to the Red Cross in the name of General Motors, coincidentally, it was the largest donation in the county for him, the CEO.

Although I can't figure out how I came here to stomp on this damn bastard, how did things come to be like this?

But this matter was rushed to this point by Chen Geng's words, and Roger Smith knew in his heart that he had no room to refuse, not to mention that the damned Fernández Chen also put on a righteous and awe-inspiring face, saying that he wanted to donate the money to charity, what else could he do?

Of course, I can only admit it through gritted teeth.

Not only must you admit it, but you also have to put on a confident posture.

"Hehe......" Roger Smith sneered twice: "Why don't I dare? No problem, I'll take it!"

In Roger Smith's view, last month's market share of 54.2% was already the lowest, and with his own ability, next year will inevitably be the year when General Motors bottoms out, how can it be that next year's average annual market share will not rise but fall? This is not scientific!

As the market share rises, will the amount of corporate losses continue to increase? This is even more unscientific!

From this point of view, Roger Smith feels that he has won this gamble nine times out of ten...... He was even a little excited at the thought that he had a good chance of making $1 million in extra money.

Nancy, who was peeking from the side, was already dumbfounded, and she asked Brant Dissal in surprise, "Brant, why do I think Fernandez has lost?"

Our lovely White House Chief of Staff nodded with a wry smile: "I thought so too." ”

"But...... It shouldn't be," the first lady frowned slightly: "Fernandez was able to become a billionaire in such a short period of time, he is certainly not a fool, it is impossible for him to deliberately lose $1 million...... That's $1 million. ”

Even her husband, the current U.S. Commander-in-Chief's annual salary, is only less than $200,000, how could Chen Geng deliberately lose $1 million?

"What you're saying," said Brandt Dicissar with a wry smile again, "this is what I don't understand, why would Fernandez make such a seemingly losing bet with Roger Smith?

Aside from this, Brant Dicisal couldn't think of any other reason.

Nancy couldn't contain the curiosity in his heart, he frowned and pondered for a moment, and then instructed Brandt Dicissar: "Mr. Brandt, can you please ask Mr. Fernandez to come over?"

"Of course. Brant Di Sisar nodded, he didn't think Chen Geng would refuse the hostess's invitation.

........................

"Mr. Fernandez, are you convenient now?"

"Madam?" Looking at the White House chief of staff in front of him, Chen Geng was a little surprised: "You mean ......?"

"Yes. Brant Dicisal nodded, "Madame wants to talk to you." ”

"Of course. Chen Geng nodded immediately.

Although I don't know what Nancy wants to talk to about herself, but the first lady asked the White House chief of staff to come forward, can she refuse?

"Please follow me. ”

............

When she saw Chen Geng, Nancy's first words were: "Mr. Fernandez, do you think you can win?"

Chen Geng was stunned for a moment, then realized what Nancy was talking about, and nodded with a smile: "You are talking about the bet I just made with Mr. Roger Smith? Of course, I firmly believe that I can win, that's $1 million, right?"

"But, that's General Motors," Nancy couldn't understand where Chen Geng's confidence came from: "Now General Motors is in a period of adjustment, and experts believe that their adjustment is over, and it should bottom out next year, what are you basing your diametrically opposed judgments on?"