Chapter 234: Aggressive [Second Watch Asking for a Monthly Pass]
It's the last day of April, and the ants are still working hard, please ask for the monthly pass in everyone's hand, and at the same time ask for subscription!
Before I knew it, it was December again, and it was already a cold winter season in the north, the leaves were falling all over the ground, and the flowers and plants on the street had already withered, and the sky was full of a scene of slaughter.
Wang Jiao went back and forth between Germany and the United States and a group of bigwigs from Opel and GM for more than two months, but still failed to achieve any results.
After all, Jin Xiaoqiang's proposal was a bit too much for GM, which was also the world's No. 1 car manufacturer at that time, with an annual output of more than 9 million models, while Huayang Power's annual output has not exceeded 200,000 so far.
Although the current achievements of Huayang Power in the market are gratifying, compared with the scale of GM, it is still a bit of a small feeling.
So where would it be so easy for GM to agree to the conditions of Huayang Power, the negotiations in Germany have been delayed again and again, and the negotiations have been for two months, but there is still no progress.
The reason why GM is reluctant to comply, of course, is because Huayang Power proposed that in the newly established joint venture, Huayang Power will occupy a dominant position, and GM is also very dissatisfied with the profit sharing.
In their opinion, as the leader in the industry, it is already a very face-saving thing to be able to give face to Huayang Power and propose to cooperate with them, but Huayang Power is so stubborn, that is, it does not loosen its mouth on the equity and sharing of the joint venture, which also makes GM angry.
Even at the time of the negotiations, Nick. Reilly also threatened Wang Jiao several times, saying that if they did not cooperate, then Huayang Power's products may face many difficulties if they want to enter the American market.
But after Wang Jiao communicated with Jin Xiaoqiang several times, he also resisted the pressure, but he didn't let go, and on the domestic side, Huayang Power also made frequent moves.
Today it is said that it is going to select a site for the production site of the new product line, and tomorrow it is said that it will report a new model, improve the product line of the Qoros series, etc., it seems that there is really no compromise at all.
In this way, the negotiations have dragged on for more than two months, and no progress has been made, Huayang Power has been determined in the past hundred years, that is, it will not make concessions in the equity and profit stratification of the joint venture company.
And GM's side is not monolithic, and there are a lot of disagreements within them.
The biggest disagreement is, of course, the disagreement between the Opel branch and GM's headquarters.
In recent years, Opel, as GM's largest subsidiary in Europe, has been poor in terms of sales performance, and it can almost be said that it has been beaten by Volkswagen, BMW, Mercedes-Benz and other car companies.
They are operating at a loss every year, and they really need a bright product to compete with Volkswagen, BMW and other car companies, especially after more than ten consecutive years of losses.
You must know that unlike other brands under General Motors in the United States, Opel still has the interests of the Opel family within it, although GM claims to be 100% controlling Opel, but when they bought Opel shares, why didn't they take out a part of GM's shares and exchange them with Opel?
The people of the Opel family, who control these GM shares, of course, have a lot of dissatisfaction with GM, although Opel is just a subsidiary of GM, but after all, this company was founded by their ancestors.
Now Opel's business performance is not good, if there is no improvement in the past few years, it is likely to end in bankruptcy after a while, which is certainly not what the Opel family wants to see.
So in several times on the board of directors of GM, the people of the Opel family have put pressure on the board of directors to agree to the conditions of Huayang Power.
After all, their demand for Qoros is much stronger than that of GM in the United States, and as long as Qoros and GM cooperate, when the time comes, in Europe, the same can be sold under the Opel brand, which is definitely an opportunity for Opel to reinvigorate, after all, this car is really a very high technology from the current point of view.
Even BMW and Mercedes-Benz, which have always been known for their high technical content, have to admit that if the Qoros series can really be launched on the market, it will definitely be a very strong opponent.
But at the general headquarters in the United States, they have not been able to make up their minds, after all, they are also very optimistic about Qoros products, but the same Huayang Power's requirements, in their opinion, are really a bit too much, if they agree to Huayang Power's requirements, then for them, lose face is one, and the other is that they will lose a lot of benefits.
Moreover, when Wang Jiao participated in negotiations in the United States several times, he was not honest, and today he and Ford eyebrows, and the day after tomorrow it was rumored that Wang Jiao was having dinner with Chrysler's boss, and so on, which really made the people in GM very upset.
In the end, they discussed a result within the company, but this time they didn't plan to talk to Wang Jiao, but went directly to Jin Xiaoqiang to talk.
So on December 5, Jin Xiaoqiang could only come to the airport in Nanyang to greet Nick who came from the United States and Germany. Reilly and Carl. Stark and his party.
This time the negotiation Nick. Reilly was appointed plenipotentiary for GM, but he was not too optimistic about the outcome of the negotiations.
In fact, they have also prepared two filings, and if Plan A does not work, then they can only implement Plan B.
Jin Xiaoqiang picked up Nick at the airport. Reilly and his entourage, and then went straight to their foothold in Nanyang, the Hilton Hotel.
Arrived at the hotel Nick. Reilly didn't waste any time, and directly asked Jin Xiaoqiang to take them to the conference room, and then the two sides began closed-door consultations.
"Misterkin, it's really hard for us to accept your terms, in terms of naming rights, we can make concessions and agree to your terms, but we have to put GM and Opel in front, so that the new brand can be named GM-Qoros, or Opel-Qoros."
Nick was also anxious, and as soon as he came up, he began to talk to Jin Xiaoqiang about the conditions, Jin Xiaoqiang listened to this article, and he didn't object too much, anyway, as long as it is not classified under the name of Buick, it will be okay to become a brand of reading power.
"Second, you said that the main factory was built in the Celestial Empire, and we have no problem with this."
Nonsense is built in the United States, can you afford the cost of production, your labor union organizes a strike at two ends in three days to raise wages, how can our Celestial Empire enterprises stand this?
Learn from us, see how good our union is, it will only collect money, and send some mooncake tickets, movie tickets, etc., and the workers have to be grateful to Dade!
Jin Xiaoqiang listened to Nick's second article and didn't say anything, in fact, in his opinion, this point is the least obvious to the Yankees, they only value money.
"But what we can't agree with the most is that the third and fourth articles, the newly established joint venture brand, we GM and Opel actually only account for 40% of the shares, and in terms of sharing, we don't pay dividends in the Celestial Empire, which we can accept, but in Europe and the United States, we can only get 50% of the share, and in the world we can only get 30%, which is a bit too much, right?"
Speaking of those two conditions, Nick. Reilly is a belly full of fire.
Jin Xiaoqiang almost didn't squirt out the water he just drank in his mouth when he heard it, this Wang Jiao is really ruthless enough, he clearly explained to him, in Europe, the United States, and markets except for the Celestial Empire market, GM can get forty percent of the profits, this guy has actually been compressed to thirty percent, and one mouth is ten percent, this guy is really ruthless enough.
"Okay, Nick, what's your condition?"
"Well, our conditions, that is, in the newly established joint venture brand, we will account for 50% of the total shares, in terms of stratification, we can give up the Celestial Empire market, but outside the Celestial Empire market, we will ask for 50% of the share."
After Nick said these conditions, he felt a sigh of relief in his heart, he negotiated with that Wang Jiao some time ago, and he was almost not angry with that guy.
"Humph! How can it be? Fifty percent, okay, Mr. Nick, you're a veteran in the automotive industry, do you know how hard it is to develop a new car? How much manpower and material resources do you have to invest, and how much effort does a designer have to spend to be able to design a successful and qualified new car? What did you provide us with when we were developing Huayang Power? Financial help, or technical support? No, no, no, nothing, but after the results of our design came out, you went back and forth, and you wanted to take 50 percent of the profits and shares just because of some conditions for entering the American market, do you think this is possible? ”
Jin Xiaoqiang didn't give Nick anything when he was negotiating. Reilly saves face, he won't negotiate with these guys in a whisper, he has his own set, this is not the time to talk about demeanor.
So as he said this, he suddenly stood up, put his hands on the table, lowered his body, stretched his upper body forward, and stared at Nick viciously. Reilly, his momentum at this time is really like a tiger that has been preparing to attack, and he suppressed Nick at once from the momentum.
In fact, in the previous negotiations, Wang Jiao also said such things to Nick, but Nick and they didn't look at Wang Jiao at all, in their opinion, even if you paid a lot, so what?
As long as you want to enter the U.S. market, you must follow our rules, and in their hearts, they don't put Huayang Power in the position of a negotiation opponent at the same level, or a partner at the same level.
But now when Jin Xiaoqiang repeats such words, the momentum is very different from what Wang Jiao said.
Nick looked at Jin Xiaoqiang with an angry face on the other side, although he had decades of business career, but at this time, his heart was indeed beating the drum.
Jin Xiaoqiang asked so aggressively, indeed he had to start thinking about us not doing anything before, and we were going to take away 50% of the shares, so our previous conditions were a bit too much......
(To be continued)