Chapter 523: Ford Wants to Take All Left and Right? Think beautifully!

After Murali became the CEO of Ford Motor as an amateur in the automotive industry, it can be said that various actions continued, which fully gave everyone a glimpse of what is called the three fires of the new official.

Regardless of the effect of these actions, at least in terms of financial reports, things are getting better for Ford.

Especially recently, the big brother General Motors has filed for bankruptcy and reorganization, not to mention the third Chrysler.

Its performance as the second child is eye-catching.

It didn't take a bailout from the U.S. government to get Ford through it on its own.

For quite a few, these are Murali's achievements.

However, the situation faced by Ford is not as good as imagined.

In the first five months of this year, Ford's global sales fell by more than two percent.

And except in the Chinese market, there is no sign of sales to stop falling and rebound in other places.

Therefore, for the previously set plan of "selling, selling, selling", it is definitely necessary to speed up the implementation now.

In this context, Geely Automobile's Li Su and his entourage came to Detroit, and Murali naturally wanted to convene people within the company to discuss the response plan.

"Chris, didn't Nanshan Group also express interest in Volvo Cars before?"

"Although they chose to buy Jaguar Land Rover first, if they are interested in Volvo Cars, we can also continue to consider selling to Nanshan Group."

In recent years, the relationship between Nanshan Group and Ford Motor has been very good.

Not to mention the early supply of parts, the cooperation between the gearbox and the engine alone is relatively in-depth.

Not to mention that Ford also sold Jaguar Land Rover to Xingchen Motors, and at the same time acted as an agent for the sale of Xingchen Motors in the United States.

For example, Chris, who is very familiar with Cao Yang's relationship, and Murali is also relatively familiar with this situation.

"Nanshan Group now has luxury brands Xingchen Automobile and Jaguar Land Rover, and then established the electric vehicle brand Future Auto."

"At the same time, they also established a joint venture with Chuncheng Automobile Group in Huaxia to establish Nanshan Hongqi to produce low-end models."

"According to my understanding of Cao Yang, Nanshan Group should not have any plans and ideas to continue to acquire other brands."

"Especially during this period, Nanshan Group has invested a lot of manpower and material resources in semiconductors, and it is estimated that it will not be able to come up with more funds to acquire Volvo Cars."

Chris's analysis is obviously very reasonable.

He has also been paying attention to the development of Nanshan Group.

Some time ago, Nanshan Semiconductor's acquisition of Nvidia was also a big news in the entire United States.

Whether it's Chris or Murali, they've heard of it, and even specifically learned about it.

Although they don't quite understand why Nanshan Group suddenly focuses on the development of money-burning semiconductors, Nanshan Group is no longer a simple auto parts company or automobile company, and they know this matter.

"Geely Automobile is also a private enterprise in Huaxia, and as far as I know, the models they produce should not be very profitable, and there should not be too much money on the books to acquire Volvo."

"But they can definitely raise money through various means, such as bank loans."

"What Geely Automobile can do, I think Nanshan Group must have no problem as long as it wants to do it, right?"

When Murali said this, Chris found it difficult to refute.

After all, Nanshan Group's status in China is definitely higher than that of Geely Automobile.

And according to Chris's understanding, Nanshan Group's debt situation should be relatively low, which can fully support further borrowing.

So after hearing Murali say this, he could only continue: "I'll call Cao Yang and say that Ford wants to sell Volvo cars to see if they are interested in getting involved." ”

"But I'm worried that Cao Yang knows that Geely Automobile is already in contact with us, and even Geely Automobile people have already communicated with Cao Yang."

"So if you want Nanshan Group to participate in the acquisition of Volvo Cars, I'm afraid you can't have particularly high expectations."

Chris definitely didn't want to take all the work done.

If you're sure, it doesn't matter.

The point is that he doesn't have any faith in this matter.

In the past six months, the people of Nanshan Group have not communicated with Ford about the acquisition of Volvo cars.

It obviously doesn't look like it's very interested.

Soon, Chris combined with the time difference between the two places and called Cao Yang.

"Ford is ready to determine the sale of Volvo in recent months?"

After Cao Yang received Chris's call, he chatted briefly with the other party and came up with such a message.

Combined with the historical timing of Ford's sale of Volvo cars, it is only a few months ahead of schedule, and the credibility is quite high.

"Yes, the cooperation between our two sides on Jaguar Land Rover was relatively smooth before, and I heard that Jaguar Land Rover also hopes to turn losses into profits this year and become a high-quality asset of Nanshan Group."

"So this time, we are also thinking about whether the two sides can cooperate again, so that Volvo Cars can become even better in the cooperation."

"Objectively speaking, I personally think that the value of Volvo cars is actually higher than that of Jaguar Land Rover."

"The assets of Volvo Cars that we sold this time include all the patents, technologies and engine-related technologies and production lines related to passenger cars."

"It's just a whole car company being put up for sale, and the value is very different."

"Although Volvo Cars' brand power cannot be compared with Jaguar Land Rover, it is also a luxury brand, leaving a safe and high-end impression in the eyes of consumers."

"If Nanshan Group acquires Volvo Cars, it can complement Jaguar Land Rover and Xingchen Motors and make the product array more complete."

Now that I've taken over the company's tasks, I want to be a lobbyist.

Naturally, Chris wants to praise the situation of Volvo cars.

Regardless of whether Nanshan Group will eventually acquire Volvo Cars, as long as the two sides officially start relevant contacts, it will be a stimulus for Geely Automobile.

This will increase the sale value of Volvo Cars to a new level.

Cao Yang naturally knows this.

Although Li Su did not communicate with Cao Yang alone before going to the United States this time.

But Geely Automobile is very interested in Volvo Cars, and Cao Yang knows about this.

If Nanshan Group really wants to buy Volvo Cars, then forget it, the competition will compete.

Now that Cao Yang has no idea about this, there is no need to pit others.

Although Geely Automobile's strength is not as good as that of Nanshan Group, people are not vegetarians.

In order to help Ford and offend Geely Automobile, Cao Yang will definitely not do this thing.

Of course, if you want to reject people, you must not be so blunt.

"Chris, you should have also heard that some time ago, Nanshan Group spent $1 billion to acquire Nvidia, and at the same time, we are also building a wafer factory in Modu."

"That's more than a billion dollars in money all at once."

"At the same time, Nanshan Group's Future Auto has also officially started the construction of a new factory, which is an investment of hundreds of millions of dollars."

"For the current Nanshan Group, cash flow is relatively tight, and it has no strength to acquire new car companies in a short period of time."

What he said was true, but what he meant was not what Chris wanted.

Cao Yang's answer was not unexpected by Chris.

"I understand what you said."

"Cash flow is really important for a company."

"One of the important reasons for GM to file for bankruptcy reorganization is the drying up of cash flow."

"However, there are many ways to maintain cash flow, and most companies will find banks to borrow some money in the process of development."

"With the credibility of Nanshan Group and its position in China, I think it is no problem to find a bank to work together."

"There are many buyers who are interested in Volvo Cars now, and if they miss this opportunity, it is likely that Volvo Cars will have nothing to do with Nanshan Group in the future."

"Personally, I think it's a bit of a pity."

Chris certainly can't give up so easily.

If he could get this done, then he could have spoken a little louder in front of Murali.

He can also figure this out.

"Finding a bank to cooperate, this is indeed a plan, and it has a certain feasibility."

"However, now Nanshan Group has rolled out a bit more projects, Jaguar Land Rover's new factory is being built, a new factory of Future Automobile is also being built, and Xingchen Automobile is also considering the planning of a new factory."

"In this case, further financing to purchase a new car brand is still relatively strong internal opposition for Nanshan Group."

"It could be much better if we could postpone it for a year and wait until this time next year to think about it."

Didn't you help me find a solution?

Then I don't deny what you said.

A procrastination trick that leaves you speechless.

Cao Yang's answer, Chris was also a little helpless.

Ford's current situation simply can't wait until next year to sell the Volvo.

Murali can't wait to get rid of the baggage this month and make the report better.

Otherwise, after the collapse of General Motors, many people are worried about whether Ford will survive.

When the time comes, you won't have to worry about the financial report.

"Internally, we probably want to help Volvo Cars find the right buyer this year."

"There are already some contacts in the pipeline, and it's not realistic to wait until next year."

Chris sighed inwardly, knowing that he couldn't achieve his goal.

Fortunately, he knew that this persuasion would not go smoothly, so he was not too disappointed.

However, after hanging up the phone, Cao Yang felt that he could sell another one to Geely Automobile.

So I called Li Su directly.

"The people from Ford took the initiative to ask you if you would like to buy a Volvo car?"

Li Su, who was far away at the other end of the Pacific Ocean, was stunned for a moment after receiving Cao Yang's call.

I just arrived in Detroit, why did Ford take the initiative to find Nanshan Group?

What does that mean?

"Yes, I heard that Mr. Li is interested in acquiring Volvo Cars, so I think this information may have some reference for you."

"So I'll tell you if it's time to talk to Ford about the acquisition."

"Now that General Motors has an accident, Ford must be nervous internally, and it is very willing to sell Volvo cars as soon as possible."

"The next few months are the best time for Geely to buy Volvo."

When Cao Yang said this, Li Su was a little embarrassed.

People take the initiative to share information with themselves, but they don't tell each other about their trip to Detroit.

Thinking of this, Li Su regretted it a little, and hurriedly said: "Mr. Cao, in fact, we are also aware of this, so now we want to take the opportunity to visit the dealer and want to come over and contact Ford directly." ”

"We have made an appointment to meet with their CEO the day after tomorrow to discuss the purchase of Volvo cars."

"Now it seems that Ford is hoping that more buyers will get involved so that the time will be able to sell the Volvo at a good price."

As soon as Li Su said this, Cao Yang immediately understood.

This is Geely Automobile, which is really already in action, so Ford Motor took the initiative to find itself and wanted Nanshan Group to also participate in the acquisition bidding activities.

It seems that Chris is not really so kind to remind himself anymore.

These Americans, as expected, can't afford to be unprofitable, and can't believe it!

"Mr. Li, you still have a very good grasp of this timing."

"If all goes well, maybe the Volvo Cars acquisition can be negotiated in the next three months."

"Nowadays, except for Huaxia, the sales of the world's major automobile countries are not very ideal."

"So there shouldn't be many manufacturers that will compete with you."

"Although the higher the price, the greater the opportunity to get, but also take into account the cost."

Cao Yang knew that Li Su was already in the United States, so he simply reminded a few more words.

Anyway, it's a good thing to sell.

In the future, the competition between everyone is not obvious, but more of a cooperative relationship.

"In the past, Tata Motors and Nanshan Group competed for Jaguar Land Rover, I don't know if they will compete with us for Volvo Cars this time."

Now that he has said it, Li Su also wants to get more information from which Cao Yang's side.

In terms of international acquisitions, Cao Yang is clearly more experienced.

"It's hard to say, but I don't think it's very probable."

"This financial crisis has also had a relatively large impact on Tata Motors."

"And before Jaguar Land Rover was a British brand, Tianzhu people still have a relatively unique feeling for the British brand."

"It's not the same situation at Volvo today, and the likelihood of them being interested isn't particularly high."

"Geely Auto is competing more with yourselves."

"Even if you are worried about this, Mr. Li, it is better to see if some other domestic car companies will compete with you."

Cao Yang knew that several companies such as Didu Automobile and Chery Automobile were in contact with General Motors and wanted to buy some of each other's brands.

For them, buying the brand of General Motors is buying, and buying the brand of Ford is also something to consider.

At that time, it will be a pity for Chinese enterprises to compete with each other.

"Thank you Mr. Cao for reminding me, and I'll inquire again."

"This time, Geely Automobile's acquisition of Volvo is inevitable, and I also ask Mr. Cao to help."

The favors are already owed, and Li Su feels that he owes a little more.

Just ask Cao Yang to help him.

"When the time comes, I will introduce you to the legal team responsible for the acquisition of Jaguar Land Rover, some of them are American lawyers, and they should be of some help to you at that time."

"If you need my help in other aspects, Mr. Li, you just have to say."

If you say something nice and don't want money, Cao Yang naturally said it casually.

In this regard, Li Su is quite grateful.

……

"Mr. Cao, Ford Motor wants to eat left and right."

Mi Ying, who listened to the conversation between Cao Yang and Chris and Li Su throughout the whole process, naturally quickly understood Ford's plan.

These people, wishful thinking, are playing very loudly.

"Last year's Olympic Games let many people know that Huaxia is not so poor, and let many people know that Huaxia has grown and grown."

"Coupled with the previous policy of four trillion yuan, it has given everyone a lot of confidence."

"That's why I gave Ford some ideas that shouldn't have been."

"Let's just ignore it."

Cao Yang was not angry.

Everyone's interests are different, and the angle from which they consider problems is naturally different.

If Nanshan Group wants to sell any assets, it must also hope that there will be more buyers and become a seller's market.

Otherwise, you will be very passive when you talk about conditions.

Don't look at the buyer's market and the seller's market are just one word apart, the difference in the process in the middle determines who is Party A and who is Party B.

can be Party A's father, who wants to be Party B?

"This time, Ford Motor and General Motors are really going to sell their messy brands, right?"

"I feel that there may really be a lot of car companies in China who are interested."

"Whether it's Geely Automobile, Chery, or companies such as Great Wall and BYD, it is estimated that they will have some ideas."

"This should be beneficial to the development and expansion of the domestic automobile industry, but I don't know if it will eventually become a tuition fee."

"The previous acquisition of Ssangyong Automobile by Modu Automobile in Korea was a relatively failed case."

"It is estimated that this time, in addition to Modu Automobile, some other big car companies will take action."

As soon as Mi Ying said this, Cao Yang couldn't help but nodded.

In the next few years, it was really the most active period for domestic car companies to launch overseas acquisitions.

All kinds of car brands that others don't look down on are likely to find suitable buyers in Huaxia.

Even slowly, outside companies know that Huaxia people are stupid and have a lot of money, and they have any assets to sell, and they are thinking about whether they can find Huaxia companies to talk about.

Even if people don't buy it in the end, they can help support the market.

"You're right, there will definitely be a group of car companies who are excited."

"The automobile industry may not be a sunrise industry in the United States, but it is still a thriving situation in China."

"In the future, the market space will definitely be further expanded, and there are many opportunities."

"However, it may not be so easy for overseas acquisitions to become successful cases."

"Whether it's the acquisition of Volvo or brands such as Saab, Opel and Hummer, there are all kinds of problems to face."

"Some people only see the benefits of our acquisition of Jaguar Land Rover, and they don't think that the situation is different."

"We can directly solve the problem of Jaguar Land Rover's engine and transmission supply, and we don't need to continue to buy from Ford."

"We have our own luxury car brand, and we are not afraid of Jaguar Land Rover making too big a moth out."

"The most important thing is that we have the confidence to spend with Jaguar Land Rover, and we are determined to let Jaguar Land Rover be included in the management of Xingchen Automobile even if the company goes bankrupt."

"It's different with other companies."

"Whether it is Chuncheng Automobile Group, Didu Automobile Group, or Modu Automobile Group, they will face many situations of adaptation to the car companies bought back from overseas."

"For example, when the management is disobedient, they don't have a lot of tricks, and they don't have the determination to break the net with others."

"In this case, it is becoming more and more difficult to completely control the company that has been acquired."

"Those people are also bullying the soft and afraid of the hard, when your strength is not enough, people will want to bully you."

"As for those domestic independent brands, which one do you think has enough strength to acquire other car brands?"

Discussing this topic with Mi Ying, Cao Yang told his truest thoughts.

In recent years, Huaxia has encouraged domestic enterprises to go global.

Therefore, the support for overseas mergers and acquisitions is relatively large, not to mention the tuition fees paid.

To put it mildly, only one of the ten overseas acquisitions proved to be successful at best.

Half of them may be pitted, don't want it.

Even if you don't get caught in the pit at the beginning, you will eventually fall into the pit for various reasons.

"Now that we have acquired a number of semiconductor companies, how to completely control these companies in our hands, do we also need to think about it in advance?"

"There are some precautions, but what needs to be done is still to be done."

Mi Ying couldn't help but think of Nvidia, which was in the process of acquiring it, which didn't cost less.

Other acquisitions are expected in the future.

Even Nanshan Investment has purchased some lithium mines and other minerals in Australia and other places, and it seems that how to avoid falling into the pit in the future also needs to be considered in advance.

"I have already communicated with Mr. Zhang about this matter."

"All the companies that have been acquired must listen to the command."

"Unless the founders are really good and trustworthy."

"Otherwise, even if it is a lose-lose situation, you must let the other party know that Nanshan Group is not so easy to pit."

Cao Yang arranged for people to buy companies, but he didn't give money to others.

He is not interested in paying tuition.

What you want is profit.

If you can't give benefits, then everyone will play together!

(End of chapter)