Chapter 1724 (1/2)
Although Chen Ze has a special trust in Li Mu, he really can't believe that Li Mu should buy the three car brands in Ford's hands at one go.
Seeing his gaping appearance, Li Mu said with a smile, ”I'm not joking with you, old Chen. We're flying here all the time, not to visit Ford factory.”
Chen zeding was determined and asked, ”how much is it to buy these three brands, astronomical figures?”
Li Mu said with a smile, ”however, the price is only a few billion dollars.”
Billions of dollars
Chen Ze almost spits blood after listening.
Only Li Mu can talk about billions of dollars so easily.
But when you think about it, these three brands add up to only a few billion dollars, which is not high indeed.
Recalling some data in his memory, he said: ”it seems that Ford has spent at least $67 billion on Volvo, right? Plus Jaguar Land Rover, these three brands have a purchase price of at least 10 billion dollars. How could they sell so cheaply? ”
Li Mu said with a smile, ”because he lost money!”
As Li Mu said, ”you see, Volvo lost a lot when it came to Ford. When Jaguar and Land Rover were integrated by them, they couldn't escape the fate of huge loss. They bought three brands with more than 10 billion dollars. These years together, they lost billions of dollars. Now they are selling for billions of dollars. Ford lost at least ten billion dollars.”
The loss of large industrial groups is that they cut meat with blunt knives. Although they are not likely to die with one knife, they cut a large piece of meat with each knife.
For example, when the domestic steel and coal market is not good, the private related enterprises can immediately turn from profits to losses, and then they are deeply locked by their own enterprises. The losses are growing every day, and the more losses are, although the net assets are not negative at this time, the key is that the net assets are the same as the falling stocks, and they want to sell but can not sell.
In this case, business owners can only bear the losses and hope to wait for the market to warm up one day. In many cases, they have forced the richest person in a place to become a listing veteran with a value of tens of billions to a negative value. In a hurry, it will take three or two years.
Once the industry forms a trend of imprisonment, it's really terrible. It's like a piece of cement falling on the body, pulling people into the abyss and trying to get rid of it.
The main reason why Ford has become more and more Doggy in the past century is that the stall is too large, and the operation is not good, and finally it is locked up by its own assets.
When Chen Ze heard this, he was startled and said in a hurry, ”did you not become a substitute for Ford when you accepted these three brands? If you buy back three loss making companies with billions of dollars, don't you have to give them blood all the time? ”
Li Mu said with a smile, ”in Ford's hands, it's a ghost who claims his life. In my hands, it's probably a five ghost fortune. If Ford can't make profits from these three brands, it doesn't mean I can't.”
Chen Ze, with a big head, rubbed his temples and said, ”Lao Li, you haven't had a car before. It's a big industry with tens of thousands of people. Which auto brand is not global purchase or global sales? Supply chain alone is enough to drink a pot, not to mention sales. ”
Li Mu patted him on the shoulder and said with a smile: ”don't worry, I've thought about what I should think, and I've thought about what I shouldn't think. I'm sure that I can turn these three brands into profits. Besides, even if I can't, it's only a few billion dollars. After losing the principal, I'll disband the factory and donate all the equipment and technical patents to the country, which is a good thing. I'm afraid of nothing ？”
Chen Ze nodded and said with a smile, ”OK, since you have said so, then I will not support you any more. What kind of brother is it?”
After that, he immediately said, ”I know more or less about cars. As long as you need it, I will listen to you later.”
Chen Ze is a car obsessed person. He has much deeper feelings about the automobile and automobile industry than Li Mu. Originally, he was worried about Li Mu's buying three hot potatoes and finally beating the chickens and eggs. But deep down, he is still looking forward to Li Mu's winning these three brands. Now Li Mu shows strong confidence. He has no worries in his heart, and the rest is all A cavity of blood.
Three well-known international automobile brands are about to be acquired by Chinese enterprises and become 100% Chinese enterprises. This kind of thing is enough to make people excited.
If we can do these three brands well, it is the light of the nation.
……
Chen Ze excitedly follows Li Mu to the hotel, where Elon Musk's team members have been waiting for a long time.
In order to deal with these three brands, Elon Musk brought his senior executives in Tesla. In addition, he also hired several authoritative persons in the automobile industry through friends' introduction and high salary to ensure the final landing of the acquisition.