Reborn Entrepreneurial Giant

Chapter 783 Acquisition of Mitsubishi Motors

The internationalization of enterprises must be supported by national strength. Are there any successful multinational enterprises and brands in Southeast Asia, South America, Africa, and even Australia? The acquisition of Mitsubishi Motors by Future Geometry also has its own special background. It seems that the specific situation cannot be said. Anyway, the result is that investment by domestic enterprises in Japan and South Korea will be quite smooth before 2016.

In the economic and trade cooperation between China, Japan and South Korea, Japanese and Korean companies have always invested in China, and few domestic companies have invested in Japan and South Korea. Future Geometry's acquisition of 34% of Mitsubishi Motors' shares does not have much historical significance. It is just a normal private investment activity. Japan will not stop it, and the relevant domestic departments will basically not set up obstacles.

In the past, domestic companies' acquisition of overseas companies required approval from relevant departments, which was delayed for a long time. Now the situation is much better. As long as it is not a sensitive country or industry, it is basically a filing system. However, the investment scale this time exceeds 15 billion, which is a bit large. In addition, the issue of funds leaving the country needs to be negotiated, so there should be no misunderstanding.

Two days after he arrived in Beijin, Qiancheng Geometry prepared the documents and submitted them to the relevant departments, and he was basically free to do his own thing. It may be difficult for other companies to obtain 15 billion acquisition funds, but it is not a problem for Qu Li, and he does not even need to exchange foreign currency out of the country. For example, first borrow 2.3 billion US dollars from Honor, and then repay 15 billion soft sister coins in China. There are too many methods available.

Qu Li is busy in Beijin. He has negotiated well with the Mitsubishi Consortium. However, Renault and Nissan may have back-ups, so they need to continue to put pressure on Nissan. For example, Qianjin Geometry showed some vacillation and replaced Saab. The introduction of the Aian DMi model to Japan made them think that Quli had no ambition to win Mitsubishi Motors.

How to open a self-operated store in Tokyo, but sales are very dismal. For example, Tesla sold 7,468 pure electric vehicles in Japan from 2012 to 2021, of which 5,229 model 3 vehicles were sold. 1,900 vehicles.

Calculated this way, Model S/X sells an average of about 34 units a year, which is miserable. Geometry G9/Y9 was displayed at the Honor Tokyo flagship store, and sales were pretty good, with more than a dozen units sold a month and one or two hundred units sold a year. Therefore, when Saboian entered the Japanese market, he chose geometric stores in the suburbs for direct sales.

There are many factors that affect sales. As long as it is a good car, people will buy it everywhere. DMi is most suitable for use in urban environments. Plug-in hybrids were originally what Mitsubishi Outlander was good at, and Nissan Leaf's pure electric sales were the highest. As a result, they are now being crushed by Geometry and Saab DMi in all aspects. Apart from price, they have no advantage. This is not what Qu Li said, but what a well-known Japanese car review media said.

It's a pity that the prices of 100,000 and 60,000 US dollars are really high in Japan. Until 2021, the annual sales volume of imported luxury cars in Japan with a price higher than 10 million yen (about 500,000 yuan) will be 29,000. The market space is quite limited. Even if all foreign-funded imported cars are included, the annual sales will be 240,000. Around 5 million cars were sold in the Japanese market throughout the year.

It is really difficult for Geometry G9/Y9 to compete with BBA and other luxury car brands in Japan. Forming an alliance with Mitsubishi Motors to help them develop, and at the same time let the qiangui brand be recognized by them, this is the right way.

As for the current sales of plug-in hybrids: they focus on the user experience of pure electric vehicles, extremely low fuel consumption and usage costs. Even in Japan, where electricity prices are high, they are extremely cost-effective for use in daily life. At the same time, Mitsubishi plug-in hybrids will be affected by The biggest impact.

At this time, Qu Li let Saboian enter the Japanese market with great fanfare. Of course, it was to confuse the public. How great that Nissan took the initiative to promote them! Mitsubishi's plug-in hybrid is much cheaper, almost half the price of Saboian. After completing the shareholding, an automobile alliance will be formed, Mitsubishi will be authorized to use DMi technology, and it will impact the global new energy vehicle market at low prices.

How to ensure the future benefits? It is said that joint venture cars require a technology licensing fee of about 10%. Mitsubishi sells a DMI plug-in hybrid for more than 200,000 US dollars. Qiancheng’s charge of 2,000 US dollars is not expensive, right? As for technology confidentiality, there is no need. He has already disclosed the patent for pure electric vehicles, and he still cares about this. As long as self-driving is successful, most low-end and mid-range cars will just be used as a means of transportation.

Soon Qu Li announced in China that Futures had suspended trading due to major issues, which caused a lot of speculation in the market. At this time, Qu Li returned to Yangcheng and continued to promote Juhuasuan's rural sales. It may be true or false, false or true, or it may be a trick, but he is very careful anyway.

At this time, the Boao Forum for Asia and the IT Leaders Summit in Pengcheng had been missed, and Lei Jun and Lu Qi appeared in his place.

At this time, the hot spots at home and abroad were robbed by an artificial intelligence called AlphaGo. This artificial intelligence was developed by Google's DeepMind team.

What about foreign countries and domestic ones? Many big names talked about the future at the IT Leadership Summit. What is the future? Artificial intelligence, of course.

Neither Qu Li nor Ma Yun came, and many people made fun of them: If you were to become Ma Yun or Qu Li, how would you manage Ali or Time Jumei? It's a beautiful thought.

Only Boss Jia from Lejian.com is ignorant. He publicly said that ATMs are three big mountains, which has kept countless startups in the dark, and does not take Li Yanhong seriously. He also made Brother Xiaoma dissatisfied. Well, including Qu Li, he was also dissatisfied. Boss Jia didn’t stop yet, saying that the ecological model he wanted to see did not compete with ATMs in the same dimension.

This person's bragging ability is very good. The company has cultivated many PPT masters. His previous protective umbrella was destroyed, but now he has somehow learned how to do it.

Shiguang has the potential to be the largest Internet company in China. Some people think that Shiguang Jumei is too "heavy" and can be excluded. However, Quli is undoubtedly one of the benchmarks in the Internet industry. Now some people question "ATM". In fact, It is to step on them to get the upper hand.

Qu Li was too lazy to respond, but that didn't mean there was no one to refute. Luo Zhuizi said for some unknown reason: "How long can your capital chain last?"

Boss Jia doesn’t make any money selling TVs or mobile phones, so do you think they are doing good deeds? Well, they are doing it for the sake of ecology. More and more TVs and mobile phones are being sold, and the market value of the company's stock price has been rising. However, the money owed to suppliers has been increasing, and it is now unsustainable. After all, Boss Jia cannot change his "good" habit of doing accounting.

Originally, it could last a few more days without anyone poking holes in it, but now it is good to see that many supplier partners are reconsidering.

Shortly after entering April, CMake and the Mitsubishi Consortium officially held a press conference. Qu Li announced that it would acquire 34% of Mitsubishi Motors' shares for 15 billion yuan to form the CMOS Mitsubishi Alliance. It shocked the "world" for a while, okay, this is an exaggeration, but at least it shocked the automobile industries of China and Japan.

We must know the significance of Mitsubishi engine in China. It is the common choice of almost all domestic independent brands. In a sense, it can be said that without Mitsubishi engine, there would be no rise of domestic independent brands. Such a "legendary" Japanese automobile company has been so praised. What is Qu Li's future?

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like