Feng Yu will not suffer any losses by doing this. He will earn less and make more money at the same time.
But Bing City Machinery Manufacturing Group will suffer some losses, and Wind & Rain Electronics, Wind and Rain Appliances, Lenovo Group, etc., will make some profits.
Lenovo Group is still fine as it is owned by the State. But Wind & Rain Electronics and Wind and Rain Appliances are private companies. This will give others the impression that the State is making losses and helping private companies to make money.
Zhang Ruiqiang heard what Feng Yu said and looked at Feng Yu, waiting for Feng Yu's explanation. The Feng Yu he knows will not take advantage of others. Or it should be said that the current Feng Yu will not take advantage of others.
Feng Yu continued. "Most of the electronic components in Bing City Machinery Manufacturing Group's vehicles are made by Wind and Rain Appliances, and they will lower their prices again. Also, Wind & Rain Electronics, Wind and Rain Appliances, and Lenovo Group will use a sum of money to subsidize Bing City Machinery Manufacturing Group and purchase a batch of Songjiang Motors vehicles. "
"At the same time, setting up an automobile factory in the US is also a test. When other countries' automobile manufacturers are withdrawing from the US market, we will enter the US market. This will be beneficial for us to exchange technologies with the US manufacturers. "
Only when the automobile manufacturers' technologies improve, will they be invincible. Japan's automobile industry had developed so fast in the past few years is because of Japan's precision manufacturing, material manufacturing, chemical manufacturing, electronics, etc.
This is considered a strategic investment. Although there might not be any profits, it will be beneficial to other industries.
Zhang Ruiqiang understood what Feng Yu is trying to say and nodded. "Just think carefully. The country will support you in this investment."
Anyway, the automobile tariffs cannot be lowered temporarily. Once the US automobile industry is affected, lowering the tariffs will give the other party a chance to recover.
Hua Xia wants the US automobile industry to close down, as it will be beneficial to Hua Xia's automobile industry. Although the export of Hua Xia's vehicles wasn't doing well, the export of spare parts was still doing well. This meant that Hua Xia's technology had improved greatly.
Spare parts were not necessarily at the bottom of the food chain. If they could become number one in the world, they could also counterbalance those automobile manufacturers. For example, they could increase the price of spare parts.
It was like selling crystalline silicon. It was not as profitable as those semiconductor manufacturers, and it was a downstream business. But once the price of crystalline silicon rises, the cost of those companies will also increase.
This time, the automobile factory built in the US will be a joint venture between Hua Xia and Germany. In this aspect, Germany and Japan's technologies are the most advanced. As for the US, due to the resistance from the automobile workers, this production line is not allowed.
It could be said that Feng Yu's factory was the first in the US to have a fully automated car production line. It took a lot of effort from Feng Yu to get this approval.
Of course, because of this, Feng Yu invested in other industries in the United States. They were low-profit industries, but they definitely wouldn't make a loss.
But there was another industry that gave Feng Yu a headache. That was to invest in railways in the US and build high-speed rail.
The California consortium was still doing research and felt that the cost was too high, and the expected revenue was not stable. Also, there was a strong resistance.
If the high-speed rail was only for freight, it was not worth it. That's why Feng Yu must increase passenger transport. But if it is for passenger transport, it will be competing with the airlines and will be boycotted by all the airlines along the way.
The US airline industry is very developed, but the air tickets are not cheap, and the service is not good. Look at the beautiful air stewardesses in the movies. They have blonde hair and blue eyes, but they are rare. In China, most of the stewardesses are beautiful.
In the US, there are 1.6 meters tall and 160 pounds air stewardesses. There are also all kinds of ugly women that are below average in both Hua Xia and the US. There were also planes that allowed smoking, regardless of the air quality. There were even planes that had bars and performances on them.
They have everything you can think of. They also have everything you can't think of. All of this was to attract customers and earn more money.
The US airline industry is so developed, but why is their service not good?
Because there are many private airlines in the US, and their service is reliable. Although it is not as good as Europe, it is not worse than Hua Xia.
But the service of the top four airlines in the US, like United Airlines and American Airlines, is indescribable. In the US, airlines are not considered service industries!
Do you understand now? They are not in the service industry. Why should the service quality be good? They had a close relationship with the US military factories that produced aircraft and the US Air Force.
The obstruction from the airlines is the biggest obstacle to the construction of high-speed rail. The California consortium does not know what to do.
Every year in the US, there are cases of passengers suing the airlines and winning. Some even ask for high compensation. For example, there was a very famous comedy film in the United States called "The Best in the World", which was about such a story.
But this can only improve the service of the US airlines temporarily and cannot change the status quo of the entire industry. In fact, many of the employees in these airlines are related to the US!
Many people think that the US is fair. But that is only on the surface. What is the most important thing when looking for a job in the US? Resume? Education? Experience? None of these. It is a recommendation letter!
With a good recommendation letter from an influential person, even if you are not capable, you can still find a good job.
This causes the US airlines to have a mix of good and bad employees, and there will always be some bad service. It is like the time to board a flight, and suddenly you are told that the flight will not be taking place. The explanation is ridiculous. You can either wait until tomorrow or refund your ticket.
It was common for planes to be delayed, and it was not unique to China. In fact, Hua Xia's airline service is one of the best in the world.
This is because Hua Xia is afraid that no one will take their planes, and most people choose to travel by train. On the other hand, the people in the US were either driving or flying. Compared to China Airlines, they had no shortage of passengers.
Once there is high-speed rail, the passengers' choices will be a big problem. The US airlines do not want to see this.
Feng Yu rubbed his chin and suddenly thought of an idea. Maybe he can smear the image of the US airlines and let them deal with the high-speed rail issue.
It is easy to smear the US airlines on Google and Twitter. There are many scandals about the US airlines. There is no need to do it deliberately. Just be a behind-the-scenes promoter.
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