Chapter 547: Wang Jiang Automobile Begins to Exert Its Strength
2006 can be said to be the year when the Celestial Empire automobile market began to recover.
The arrival of Jiang Hui did not have any impact on the current automobile production and sales of the Celestial Empire.
According to the original history, in 2006, after experiencing the decline in production and sales growth in the first two years, the Tianchao automobile market once again showed a rapid development trend. The production and sales of automobiles both exceeded 7 million, reaching 7.2797 million and 7.216 million respectively, a year-on-year increase of 27.32% and 25.13%.
At present, the growth of the global automobile market has come to a standstill, while the Tianchao automobile market has grown by more than 25 percent, which has become an important driving force for the growth of global automobiles.
Production and sales exceeded 7.2 million units, which means that the Celestial Empire surpassed Germany to become the world's third largest automobile producer in 2006. At the same time, it surpassed the island country and became the world's second largest consumer market for new cars.
Production and sales exceeded 7.2 million units, which also means that the proportion of new car consumption in the world increased from 4.3% in 2001 to more than 10% in 2006. In 2005, the proportion was 8.7 per cent.
In Jiang Hui's view, the full recovery of the automobile industry in 2006 also means that the Celestial Empire has since begun to enter the goal of the first automobile production and sales, and quickly achieved the first goal in 2008, after which, there is no country whose production and sales can catch up with the Celestial Empire.
By 2016, the production and sales of the Celestial Empire exceeded 28 million units, more than the United States, island countries, and Germany combined.
The automobile industry has truly become the pillar industry of the national economy of the Celestial Empire.
In the context of this booming industry, Wangjiang Automobile has also ushered in a year of rapid development.
Since the opening of Wangjiang Automobile's first Audide 4S store in the imperial capital the year before last, Wangjiang Automobile now has more than 50 4S stores of various brands in more than a dozen cities such as Imperial Capital, Shanghai, Tianjin, Shenzhen, Wuyang, Qingcheng, etc.
Basically, Audi, BMW, Mercedes-Benz, Volkswagen, General Motors, Ford, Hyundai, Toyota, Honda, Nissan and other mainstream joint venture brands have been wiped out.
"Third child, your speed is okay, basically you open a store a week", Jiang Hui said to Wang Zhenguo with a smile.
"This is still thanks to the 300 million funds provided by Guanghui Investment, otherwise it would not be fast to rely on the model of buying land and mortgages. Now I buy more than a dozen stores of land or shops at one time, and then combine them with mortgages, and the speed of building stores is faster," Wang Zhenguo said.
At the beginning of this year, due to the rapid pace of expansion of Wangjiang Automobile, the funds could not keep up, Wang Zhenguo took the initiative to find Jiang Hui, hoping that Guanghui Group could invest in Wangjiang Automobile.
At the beginning of the establishment of Wangjiang Automobile, Wang Zhenguo held 60% of the shares and Jianghui 40%. Considering the speed and scale of the company's development, as well as the publicity resources that the group can provide, Wang Zhenguo feels that making Wangjiang Automobile a subsidiary of the company should be a more favorable plan.
The cake is small, and even if you eat it all alone, it's nothing. The cake is bigger, even a small piece is bigger than the whole of someone's body.
Wang Zhenguo also saw this eye-catchingly, and introduced Guanghui Investment to become the third shareholder, holding 30% of the shares. In this way, the major shareholder of Wangjiang Automobile is actually Jiang Hui.
"This year, the car market has grown by 25%, and most models can basically be sold as long as there are cars, and there is a feeling that supply exceeds demand, but I don't know what the market will be in the future."
With the current economic development rate of the Celestial Empire and the increase in the income of the common people, and looking at the current number of cars, I think the automobile market will increase at a very high rate in the next ten years. We must stake the land as soon as possible and fully roll out the construction of 4S stores."
In 2000, the Celestial Empire's GDP ranked sixth with $1,192.8 billion after the United States, Japan, Germany, Britain and France. There is still a huge gap with the boss of the United States, $9,898.8 billion.
In 2005, the Celestial Empire ranked fifth with a GDP of 2,283.7 billion US dollars, surpassing Italy and once again surpassing France in the "Western Seven", but the United States was six times that of the Celestial Empire.
In 2006, although it has not yet ended, but thanks to the leading role of the Guanghui Group, the Internet economy has developed rapidly, and the economy of the Celestial Empire in this life is better than that in the previous life. As in the previous life, there is no suspense about surpassing France to become fourth.
Immediately after, the Celestial Empire surpassed Germany to become the world's third-largest economy. By 2010, the government of the island country took the initiative to say that its GDP was 5,474.2 billion US dollars, and said that its GDP was lower than the 5,878.6 billion US dollars announced by the Celestial Empire, giving up the position of the world's second economic power.
By the time Jiang Hui was reborn, the Celestial Empire had completely secured the second place in the world's economic aggregate, with a GDP of $12,254 billion in 2016, which was not much less than the $186979 billion in the United States.
From 2000 to 2016, the GDP of the Celestial Empire increased tenfold, although the per capita income is not very high, but under such a large economic aggregate and population base, the number of rich people and the middle class is already very large. Enough to support the rapid increase in domestic car sales.
"You're not worried about the big boss, then I'm really crazy about expansion."
"Expand, there are only about 50 stores now, and I hope to exceed 150 stores within next year, and 400 stores within the next year."
Considering that since 08, Guanghui Automobile is about to start building its own car brand 4S store, Jiang Hui has set a more radical goal for Wangjiang Automobile.
"Expanding so fast, the biggest headache now is the manpower problem, and there is too much shortage of experienced sales managers."
"You can increase cooperation with Autohome, don't they have hundreds of employees? Some people still know more about automobiles, so you can arrange some people to go to Wangjiang Automobile for internship, and in addition, you can jointly set up a talent training center to train your own sales and maintenance talents. In the future, the demand for automobile-related talents will only increase, and with such a training center in hand, we will be full of confidence to expand."
At present, Wangjiang Automobile mainly relies on poaching people to achieve expansion, and the number of people it has cultivated is still relatively small. In the long run, enterprises still need their own talent training capabilities.
"Huh, that's a good suggestion. We can cooperate not only with Autohome, but also with Royal Capital University of Technology and some specialized auto repair schools. We can even work with some parts companies to train relevant professionals."
Wang Zhenguo said by inference that the Wang family has sufficient resources in the automotive industry, and as long as Jiang Hui clicks on him from time to time, Wang Zhenguo can quickly enter a new state. This is also an important reason why Wangjiang Automobile can develop rapidly.
"It's totally okay, the third child, it's up to you to Wang Jiang Automobile, I hope it can soon become the largest car dealer in the Celestial Empire."
……
(End of chapter)