Chapter 530: How to Smash a Walnut
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You must know that although GM is currently in the stage of regression across the board, their tentacles around the world are countless.
It is precisely because of this excessive brand expansion that it has led to the situation that GM is facing today, and disorderly and insatiable expansion is a big bane.
You must know that every time such an expansion occurs, GM will have to pay a large amount of related expenses, and it will have to raise a lot of workers who are originally and unwanted, which will bring an unimaginable burden to GM's head office.
Now it seems that the time has come for a potential crisis to begin to emerge, although GM's top management has taken note of this in the past two years and is emphasizing the global improvement of universal modularity on a large scale.
However, it is precisely this kind of improvement that has led to many brands under General Motors becoming impersonal and dynamic, such as their Saab and Pontiac brands, which have become impersonal and are gradually losing their original loyal consumers.
Therefore, the current GM is also in a difficult stage, and these contradictions, after the outbreak of the subprime mortgage crisis, will immediately detonate in an all-round way, and it is this bomb that finally directly destroyed GM, a century-old brand.
"What? Mr. Reilly, is GM's current situation not optimistic? So far, you haven't released last year's operating results, is it a bad situation? ”
Jin Xiaoqiang agreed with Nick without saying a word. Reilly's investment in Thunderbird instead asked about GM's business situation, which made Nick. Reilly shuddered in his heart.
This kid really deserves to be a good person, he just begged him for some help, and wanted to take his hitchhiker to make some money, but he immediately realized that GM's business situation was not good, it seems that there are really some doorways, no wonder, he was able to make such a net worth at a young age.
And in the stock market, this kid's vision is really speechless, and his sense of financial smell is unusually keen!
Jin Xiaoqiang looked at Nick. Reilly's face was constantly changing, and he knew that he had guessed correctly nine times out of ten, and it seemed that GM was really in crisis now.
Or Nick. Reilly, a general-purpose executive, can't afford to beg himself to make some money.
"Nick, since you've begged me, I think we'd better be open......
Jin Xiaoqiang tentatively began to ask Nick again. Reilly pressured him to know how bad GM was right now.
"Alright! Yes, the current situation of GM is really not very good, last year's operation report, the reason why it has not been launched until now, is because the company wants to wait until after the Detroit Auto Show to announce it, they don't want to affect the performance of GM at this auto show, but what's the use, those damn stupid...... Forget it, let me tell you directly, what does that mean that GM lost $8.6 billion worldwide last year, I think Misterkin, you should know better than me......
Nick. Reilly winked at Jin Xiaoqiang very sly, and Jin Xiaoqiang immediately had a score in his heart, this is Nick. Reilly, this old boy, is courting himself!
It seems that soon, the Thunderbird company will not be able to play with him, this general company has lost so much, as long as the performance report is announced, the US stock market will definitely fluctuate sharply.
The Dujens 500 Industrial Index is definitely facing a plummeting situation, and if it is a timely time to start shorting GM, and the US stock index, it seems that it is a matter of sprinkling water to win two or three billion US dollars. …,
"Oh, well! Mr. Nick, I think we have reached a consensus that we will agree to you to inject a sum of money into our Thunderbird company, but I would like to state that the money is only represented by us, and he will not be converted into shares of Thunderbird......"
Jin Xiaoqiang emphasized this Thunderbird company again, he attaches great importance to it, especially in the past year, the company's profitability is extremely good, and even the company's assets have increased several times, he will never tolerate anyone's idea of interfering in it.
If you want to complete the shareholders, then you are delusional, you must know that the US stock market is not the Celestial Empire stock market.
“OK! Absolutely no problem, you can rest assured, haha, last year your Thunderbird company made a profit of more than two hundred, such a company, not many on Wall Street, if it weren't for the connection between you and us, I don't think even GM would know that there is such a bullish venture capital company's pure ......"
Nick. When Reilly heard that Jin Xiaoqiang agreed to take him to play, he immediately became happy, he was very optimistic about the prospects of Thunderbird Company, even if he couldn't become a shareholder, but it was good to eat some meat, even if it was to drink some soup.
"Alright! The second question, that is, Nick, I don't know if your general company has sold some shares in your hands at present, you must know that you lost so much money last year, if you don't draw a capital from other places back, will it be a little difficult to operate this year? ”
Jin Xiaoqiang asked Nick with a smile. Reilly to, Nick. After hearing this question, Reilly's heart suddenly struck again, this kid is too shrewd, right?
He has already guessed the next operation of this general company?
Nick.
The expression on Reilly's face at this time was extremely strange, he really didn't know if he should continue to talk to Jin Xiaoqiang, if he revealed all the things he knew to Jin Xiaoqiang, would it bring huge losses to GM at that time?
But think about it again, forget it, my position as president of GM North America is almost unstable, and I don't care so much about them?
At present, the most important thing is to make enough money for yourself to retire before you are driven out.
"Yes, the company has plans to do so at the moment."
Nick's answer was very simple, and Jin Xiaoqiang was overjoyed after hearing it.
"And what part of the assets are you going to sell?"
Jin Xiaoqiang asked again, he was very concerned about what part of the assets GM planned to sell, you must know that GM's capital expansion path over the years, in the world, but it holds the equity of many companies.
And in this, he is particularly concerned about, of course, the Japanese company controlled by GM, and the equity of the Korean company.
Compared with the current models of Huayang Power, sales all over the world, as well as the expansion of globalization, in the current world, there are only two places in the world, Huayang Power has not yet set foot in.
And these two places, one is South Korea, and the other is Japan.
The reason why they did not set foot in these two regions is because of the historical relationship between these two countries and the Celestial Empire, as well as the perception of the products of the Celestial Empire by the people of these two countries.
The second is because these two countries are both automobile powers, needless to say Japan, and South Korea has also developed by leaps and bounds in the automotive field in the past ten years.
The third is because of the support of the people of these two countries for their own products, as well as the protection of their own car markets by the governments of these two countries.
Needless to say, Japan is a car powerhouse in its own right, and it is currently the world's largest exporter of finished car products, so it is easy to imagine how difficult it will be to enter their market to grab food. …,
Needless to say, although the quality of their cars is average, in their own country, they are also very protected by their own policies and supported by the people.
Coupled with the crazy national nature that exists in both countries, it is still very difficult to smash the markets of these two countries.
This is also the main reason why Huayang Power has always wanted to enter the markets of these two countries to stir up the wind and rain, but it has no heart.
You must know that the national living standards of these two countries are not low, not to mention the number of cars owned by families in these two countries, but such a big piece of cake can only be seen but not eaten, which is really enough to make Huayang Power scratch his ears and cheeks in a hurry.
In these two countries, except for some American luxury cars, such as Lincoln or Cadillac, or only Mercedes-Benz, BMW, Audi from Germany, and then Porsche, Lamborghini and other models can still be sold.
For example, in the field of ordinary family cars, it can be said that it is closed to foreign cars.
There are only a few reasons for this situation, one is the populism of the citizens of these two countries, so that when they choose a family car, they will first think of domestic cars.
The second reason is that foreign cars, in fact, do not have much advantage over their domestic cars in terms of technology and price.
In Japan, needless to say, foreign brands such as Mercedes-Benz and BMW and Audi can still have a certain degree of recognition, and there is no market for other mid-level cars here.
In South Korea, although their car-making technology is worse than that of Japan, the United States and Germany, their more crazy national character than Japan has made these foreign cars have no market in South Korea.
So these two markets are like two hard walnuts, and only by smashing their hard shells can they eat the fragrant walnut kernels inside.
Jin Xiaoqiang is very confident in his Huayang Power products, and South Korea does not mention it in terms of technology for the time being, even if it is against Japanese products, they are not far behind.
I believe that as long as a good price is set and equipped with advanced technology, there will still be some achievements in these two markets, but the biggest problem for them at present is how to smash the hard shell of these two walnuts.
You must know that the citizens of these two countries are very xenophobic, especially to the people of the Celestial Empire, but for their masters, the Americans, they do not dare to raise too strong resistance