The purpose of Chen Mo's acquisition of this company was only to carry out his first step of development in the real world, not to establish an intelligence organization, so he did not have such strict requirements.
Chen Mo only needed to pay attention to the confidentiality of the technology and prevent the technology from leaking out. In this regard, Chen Mo had already planned.
This small car company that Chen Mo acquired had only 120 employees. Most of the major car parts, including the engine and transmission, were purchased from major car parts suppliers and then assembled in the factory.
The company had an annual production of more than 2,000 cars, mainly in the mid-to-low-end market, with an average price of about 24,000 USD. After deducting production costs, employee salaries, and other expenses, the annual profit was at most a few million USD. When the sales were not good, it was easy to lose money.
The company was already struggling at death's door, and the previous boss's hard work finally exhausted the company's vitality completely.
However, this was not a problem in Chen Mo's eyes. What he needed was a company that could design and produce the entire car. As for whether all the parts were produced by themselves, it was not important at all.
Not to mention such a small company, even other well-known large car companies relied on parts suppliers to purchase many parts.
One must know that there were more than 10,000 independent parts in a car. No car company could produce such a large number and variety of parts all by themselves. The industry, technology, and equipment involved were too large and complex. It was impossible for one company to complete it.
Automobile manufacturing was a very large industry. It involved casting, forging, processing, and treatment of steel materials; plastic injection molding and surface treatment; tire manufacturing; paint spraying treatment; glass processing; interior fabric production; various supporting components, valves, pumps, motors, meters, wires, and other spare parts production. All automobile manufacturing enterprises, regardless of their size, relied on these various automobile spare parts suppliers.
The difference in strength between each company was mainly reflected in their mastery of the core car technology and their independent production capacity of the core parts.
The most important of these were the engine, transmission, and chassis. Each major car company had its own brand of independently developed engine, transmission, and chassis. Other core parts such as the transmission system, steering system, braking system, and so on were mostly independently produced.
Although the small company that Chen Mo acquired did not have the ability to produce all the major core components on its own, it also had good technology in the chassis and suspension system. The chassis of the company's vehicles was not purchased from external sources. It was developed and manufactured by the company itself. The company's design department was also quite capable.
Currently, the main models they produced were medium and large pickup trucks and SUVs. They could also modify the pickup trucks according to the needs of the customers. They could transform the pickup trucks into RVs, trailers, tractors, construction vehicles, and other special purpose vehicles.
Relying on the company's self-developed and manufactured chassis and suspension system, plus the purchased Ford engine, the entire vehicle's shock absorber, control performance, power, and off-road ability, all performed well. However, compared to the veteran pickup truck brands such as Ford, Dodge, and Chevrolet, there was still a certain gap. Moreover, the manufacturing cost was much higher, so the company's competitiveness in the market was not great.
However, the company had a certain level of strength in terms of car design and manufacturing, chassis and suspension systems, as well as the design and production of some parts. As long as the other aspects of technology could keep up, coupled with sufficient financial support, it was completely capable of producing excellent cars that were not inferior to the veteran companies, or even more powerful.
What Chen Mo lacked the least was technology and capital.
Hydra's technical reserves in the automotive field were quite strong. Not to mention now, even Chen Mo's ride in the Captain America world, the huge Hydra bulletproof off-road sports car, had technical content that was not worse than the current top cars. Even today's major car companies may not be able to produce it.
As for funds, that was even less of a problem. What was auctioned before was only the least valuable of the many valuable items that Chen Mo had brought with him. If necessary, the remaining items could be auctioned off several more times, and the price would only be higher.
However, Chen Mo did not intend to auction again in the short term. Although the more than 2 billion dollars in his hands were not much, it was enough to meet Chen Mo's needs for a long time. In the future, under his construction and development, the company's own income would naturally increase greatly, and he did not need to blindly invest money in it.
Before deciding to acquire the company, Chen Mo asked Jarvis to conduct a comprehensive and systematic analysis of every employee in the company. Everyone's character, ability, and other aspects were clearly investigated and analyzed.
Most of them were quite capable. The reason why the company was on the verge of bankruptcy before was because of the boss's stubbornness and the lack of funds. The company's own research and development, design, production, technology, management, sales channels, and other aspects did not have many problems, and many employees were actually very capable.
The company's research and development department had successfully developed a variety of car chassis, and the technical level was in the upper middle of the entire industry. The research and development of other key core components such as engines and gearboxes were also in progress, but due to the lack of manpower, funds, and other aspects, no results were produced. The original boss even planned to close the research and development department, which spent money but had not produced any results except for the chassis.
If it were not for the final decision to research and develop a new car model to open the market in one fell swoop, the research and development department would have been closed down long ago.
The company's design department had the ability to independently complete the design of new car models. All the car models produced by the company were designed by the design department independently and put into production, including the car modifications. The company's design department also designed the plans according to the customer's requirements.
The company's production department was also very good. Whether it was the production and processing of parts or the assembly of cars, most of the workers and technicians were very capable and had a good working attitude, so the quality of the pickups and SUVs they produced before was also good. This was an important reason why they had not gone bankrupt before, even though they had not improved much.
After Chen Mo took over, these outstanding talents and employees would be an important help in his development plan. Still vexed over not being able to find the latest chapter? Amway has a public account: r/d/444
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