Marco's face darkened. That's right. Why did Feng Yu spend so much money just because he had flattered Feng Yu?
Although Feng Yu is young, he is the World's Richest Man. How can he be so stupid? How can the World's Richest Man lack someone to flatter him?
Feng Yu's visit this time is also his last effort. He had contacted the top automobile companies in Europe, Japan, and other countries. These automobile manufacturers had shut down some factories last year, and this year, they will at most let their factories resume production. They will not continue to expand their factories.
China is the best market in the world, but no one cares about the cars they use, even though they had expressed their desire for them in the past.
Feng Yu is Marco's last hope. If Feng Yu is also not interested in their assets, then the US government will take over their cars.
What will happen to him after the US government takes over?
"Mr Feng, didn't you like our co-using vehicles? We had a good time working together in the past. "
"Wait. We had not worked together before. I had only bought some of your assets previously. "Feng Yu interrupted Marco and emphasized the word 'bought'.
Cooperation? When Feng Yu let Oriental Deer enter the North American market, their biggest obstacle was from the co-using vehicles.
Also, Bing City Motors entered the European and other markets, and the co-using vehicles faced many difficulties. Although many of these were considered normal business competition methods, this also proved that the relationship between the two parties was a competitive one, and never a cooperative one.
What was cooperation? Just like the relationship with the Tata Group and Philips Group, it was called cooperation. Everyone helped each other, and whoever encountered difficulties, the other party would lend a helping hand.
Feng Yu is like this. If you treat me well, I will treat you well. If you treat me as your opponent and want to step on me, then I will step on you first!
Bing City Machinery is weaker than the industry leader in the past. At that time, Feng Yu does not have so many assets and cannot compete with them. He can only use other methods to avoid direct confrontation.
Because of this, Bing City Motors and Oriental Deer's overseas development slowed down. If it weren't for the Eastern European and Indian markets, the overseas market would have been a loss.
Later on, Feng Yu had the capital to compete with cars of the same type, but Feng Yu was not in a hurry. Because he knew that cars of the same type would completely decline at this time, he just needed to give it a push at this time.
There was no need to fight head-on, injuring one thousand of the enemy while injuring eight hundred of oneself.
Later, as expected, the same car ran into trouble. Feng Yu took advantage of the situation and got a lot of high-quality assets. He also deliberately controlled himself and did not buy too much.
What if he bought too many cars and had enough funds for the same car to recover?
He chose Ford Motor, which had better assets. Although he spent more money, it was worth it. Although those assets were burdened with some debts, they would be paid off by next year.
Not only would they get the brand, the factory, the technology, etc., but they could also bring more profits to the company in the future.
Ford is the same as Feng Yu's previous life. They did not need the government's help and recovered by themselves. But Feng Yu heard that Ford has two new shareholders.
If Ford had gone against Bing City's Machinery Company, Feng Yu would not have agreed with them.
Later, Feng Yu thought for a while. Maybe Ford did not care about Oriental Deer and Bing City's Machinery Company in the past. Or maybe Ford had already hindered Bing City's Machinery Company and did not need to do more.
Feng Yu leaned back on the sofa and picked up the L-Pad from the table to play an Anipop game.
Marco looked at Feng Yu in a daze. What's going on? Aren't we talking about business? If the deal is successful, it will be worth at least a few billion USD.
What is this Feng Yu doing? Why is he playing games on a tablet? This is a big deal, and it is not as important as a game? Or, did he really not have any intention of buying their car assets at all?
Although Feng Yu is no longer looking at him, Marco thickened his skin and did not leave. He continued. "Mr. Feng, you are the one who acquired our assets."
"But we still have a lot of assets. I had read the memo, and you are interested in them. Why don't we talk about these assets that you are interested in? "
Feng Yu replied without looking up: "Those are considered good assets at that time. But now, they are not."
A few hundred million in debt is nothing. But Feng Yu will never buy a few billion in debt. Cars do not have high profits.
Marco squeezed out a smile. "How could that be? Our Tongyong Motors still has many world-renowned brands under our banner. Our market share is very high. We can sell all the assets of those brands to you, just like how you bought Volvo and Jaguar."
"Oh, then what brands are you going to sell me? You better think carefully before you speak. If I do not see any sincerity, I will ask my bodyguards to send you out! "
There are many brands under them, and not many of them are still valuable. Also, some of these brands' technologies are not compatible with Bing City Machinery's technologies, and it's useless to buy them.
Feng Yu is still interested in Cadillac. It is a high-end brand and has good sales in Europe and the US. Also, this type of car is rarely bought with loans, and the brand value is well maintained. This will help Bing City Motors enter the North American market.
"What about Opel? We are one of the best brands in Europe, and we have many factories and research centers in Europe. We are also well-known. "
Feng Yu had thought of buying this brand in the past as it will help them expand in Europe. But now, Feng Yu is not interested. Opel's headquarters is in Germany, and the automobile industry there is very developed. Opel is not one of them.
"Not interested. Change another brand."
"What about Vauxhall? It is well-known in the UK market and has a high market share there."
Bing City Machinery only needs Jaguar for the UK market. This is also a saloon car brand and does not have any technological advantages. Feng Yu might as well continue to promote Bing City Motors.
"Also not interested. Change another brand."
There were four brands that they absolutely could not sell: Buick, Cadillac, Chevrolet, and GMC trucks. These were the four most powerful and famous brands, and they were also the four brands with the best sales.
Mark suddenly remembered that Feng Yu had invested a lot in Australia recently, and this brand might attract Feng Yu's interest. Although this brand is only famous in one region.
"What about Horton? 20% of Australia's market share? This should show my sincerity, right?" Mark asked anxiously.
Hmmm … Finally, there is a brand that Feng Yu is satisfied with. But this is not enough. In the past, Feng Yu wanted to buy this brand, but Buick refused to sell it. Now, they want to sell it to Feng Yu and even beg Feng Yu to buy it. Some companies are really shameless!
… …
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