With the large-scale sales of Gphone in China, more and more people have begun to buy smartphones, and even the io 1 and opoo O1 have also risen, and the sales situation is getting better and better.

As soon as the penetration rate of smartphones increased, the speed of dissemination of various news also increased.

Some of the reporters who attended the press conference of Korn Ferry had already disseminated some of the information from the press conference on the Internet through their mobile phones.

"25+5, 3 billion US dollars, when did the Korn Ferry Group become so rich."

"Upstairs, you are lonely and unheard, the company of Guanghui Mobile Phone alone earned more than 3 billion US dollars last year, and this is not counting the Guanghui Games that are also very profitable."

"I didn't expect that Guanghui Group would be able to easily come up with 3 billion US dollars unconsciously, and the net worth of our richest man in Jiang is estimated to be more than a little bit announced on the Hurun rich list."

"Even a big car company like Ford Motor can't hold the two money-losing goods of Jaguar Land Rover, and the Glorious Group can't withstand it, don't drag yourself down."

"It seems that Guanghui Automobile has not yet produced a single model, but it has first engaged in two luxury brands to come back, which is rare."

"Upstairs, you don't understand, my family is Wuyang, Guanghui Automobile took nearly 5,000 acres of land in Wuyang to build an automobile factory and R & D center, when I passed by last week, many buildings over there have been almost built, it is estimated that there will be their own models soon, but we don't know yet."

"I don't understand, Jaguar and Land Rover are selling very well in the Celestial Empire, why do they keep losing money."

"In the future, Jaguar Land Rover will be made in China, I look forward to it, the price will drop, and I will also consider buying a Land Rover."

"In any case, it is still very commendable that Korn Ferry Group, as a representative of the private enterprises of the Celestial Empire, was able to acquire the world-renowned Jaguar Land Rover."

……

All kinds of netizen comments quickly flooded the Internet!

At the same time, the press conference of Korn Ferry Group is also going on.

Although the press conference has been held for nearly an hour, seeing that the enthusiasm of so many reporters is still so high, Jiang Hui will continue to answer everyone's questions.

"Mr. Jiang, according to US media reports, when Guanghui Automobile acquired Jaguar Land Rover from Ford, Ford also transferred the right to use the brands including Rover, Daimler and Lanchester to Guanghui Automobile, I don't know how Guanghui Automobile will use these three brands?"

Of the three brands, Lanchester was born in Birmingham, England in 1895, and after being acquired by Daimler, it sold cars for a short time, but disappeared in 1956.

Daimler's relationship is a bit more complicated. Daimler Germany is made up of Daimler Benz, DaimlerChrysler and Daimler AG. But Daimler Britain is different from them, Daimler Britain is a small British handmade car manufacturer that uses Gottlieb Daimler engines.

Daimler was used by Jaguar to name a series of more luxurious XJ sedans, and the rights to use the brand were long ago under agreement with Mercedes' parent company, and its last product was the Daimler Super Eight.

Therefore, in fact, the Daimler brand is also meaningless to Guanghui Automobile.

On the contrary, it is Rover, which has a deep relationship with Tianchao Shanghai Automobile and Nandu Automobile, and is likely to have additional use value.

Founded in 1904, Rover Automobile Company was the only remaining British-owned automobile company in the British automobile industry in the past century before it was acquired, and enjoyed a high reputation in Europe.

The Rover Automotive Group was taken over by BMW in 1994 for £800 million due to poor management, but in the years that followed, the company became BMW's biggest liability. By the end of 1998, Rover had brought BMW more than $3 billion in losses.

To this end, in 2000, BMW split Rover into two brands, MG and Land Rover, of which the Land Rover off-road vehicle was sold to the American Ford Motor Company for 3, and the mini car remained in BMW.

In the same year, BMW sold the remaining assets of the Rover Group, the Rover cars and MG sports cars, for a symbolic £10 to the British private investor Phoenix Group. However, instead of saving Rover Motors, the Phoenix Group's takeover led it into bankruptcy.

Given that Rover Motors became insolvent, the company was held in escrow by PricewaterhouseCoopers and began looking for new buyers around the world. At that time, none of the world's largest car companies – GM, Ford, Toyota and Volkswagen – expressed any intention of buying, and PwC turned its attention to the fast-growing Celestial Empire auto company.

Rover's journey towards the Celestial Empire was tortuous.

On June 16, 2004, Shanghai Automobile signed a strategic cooperation agreement with Rover, which was on the verge of a desperate situation, including the development of new models and the expansion of Rover's global automobile market, including China. Over the next year or so, the two sides engaged in lengthy negotiations.

In April 2005, the negotiations between Shanghai and Rover broke down, and Rover declared bankruptcy.

The situation changed dramatically again after the bankruptcy of Rover, and on July 22, PricewaterhouseCoopers announced that Namto Motors Group had become the ultimate buyer of Rover Motors for a surprise £50 million, owning the assets of MG and its engine supplier Poertrain.

Later, due to poor management, Nandu Automobile was incorporated into the command of Shanghai Automobile, and finally Rover became a product of Shanghai Automobile.

Although the Shanghai Automobile Group obtained the right to manufacture Rover cars, it did not get the right to use the Rover brand, and BMW sold the brand to Ford, so the Rover products produced by the Shanghai Automobile Group were named "Roewe".

Now the right to use the Rover brand is in the hands of Guanghui Automobile, for Guanghui Automobile itself, in fact, there is no use, if it is sold to Shanghai Automobile at the right price, it is a more feasible plan.

"Guanghui Automobile is building its own production plant in Wuyang, and in the future we will launch our own independent models, and we will use these brands in combination with the needs of the models", Jiang Hui naturally will not reveal his true thoughts, and will find a high-sounding reason to be confused.

As for what Shanghai Automobile felt and what actions he had after seeing this reply, Jiang Hui didn't bother to think about it.

Next, Jiang Hui continued to answer a few questions.

Zeng Qingying looked at the time and announced the end of this press conference.

The press conference is over, but the reaction caused by the acquisition of Jaguar Land Rover by Korn Ferry has only just begun!

(End of chapter)