Chapter 1698

"Malfoy, I'm sorry that for the time being, we have no plans to continue to acquire automobile related industries. Naturally, the company has money on its books, but we have other businesses to acquire. Maybe in two years, we can cooperate better. "

What else did Malfoy want to say? He heard the busy phone call, and he was all stunned.

In two years? Can the same car last for two years?

We had a good talk. We even sold you the shares of the largest joint venture company in Huaxia. Now you don't want to talk about other things?

In this way, what should we do together?

Originally, they sold all the shares of magic in Huaxia and got a lot of cash, which is very helpful to relieve their financial pressure.

This year's pension, medical insurance and other things are enough. Maybe they don't need another crazy mortgage to survive. But they planned to sell some more businesses in exchange for a large amount of cash.

Now all the plans have been disrupted. The company is still short of money. If they want to borrow again, they may have to pay higher interest and mortgage more assets.

Wind and rain holding group this spot they, let the situation that uses together, become even worse.

At this time, the subprime crisis in the media rendering, has become more and more serious. More and more people can't afford to pay the mortgage, even many people move out of the house directly, and the house is not needed.

They would rather rent a house to live in than pay back this kind of house loan. The house price is falling every day, and they have a big loss in paying back the loan.

Although some real estate developers claim that the real estate industry has not entered the low tide period, it is a good time to copy the bottom, but several real estate developers who first started to copy the bottom suffered a lot. When they entered, the house price was obviously not at the bottom.

As a result, the default rate of real estate loans is higher and higher, and house prices continue to fall. During this period, several real estate companies and real estate financial credit companies went bankrupt.

In Tongyong's Tongyong financial companies, not only the default rate of housing loans is rising rapidly, but also the default rate of some car loans is rising rapidly. In their hands, there are more and more bad debts.

Originally, the financial company could generate at least several billion dollars of profits for them every year, which was still in the case of some loans that could not be received back.

But now the company is not only unable to make profits for the same use, but has become the company with the most losses.

Other subsidiaries and branches did not receive capital transfusion, and the original leading company also suffered losses, which made the loopholes in the funds used by the same company bigger and bigger.

This year's Malfoy has shown that some conditions can be compromised and the biggest concessions can be made, but Ralph doesn't talk to them at all.

Of course, Malfoy knows why, because wind and rain holding group has acquired enough auto business from ft.

It seems nice to continue to purchase and expand, but the same use is a counter example. Sometimes, too many brands and too large scale expansion are a burden.

This will greatly reduce the company's ability to resist risks, and the capital chain may break at any time.

In this crisis, FT was in the front of the same use. Unexpectedly, FT sold all the businesses of three excellent brands at such a low price, and even built three North American factories.

But we have to admit that we will choose the same way if we use it now. Eat some losses, but can let the company's fundamental to retain.

Now they want to sell their business, but nobody cares. The reason is that the labor cost for the same use is too expensive for any other enterprise to support.

Seeing that the business of Fute, one of the three largest automobile enterprises in the United States, has shrunk by a small half, clarisle has been repurchased by a consortium of more than 80% of its shares and returned to the arms of the United States, but it is the most miserable for them to use together.

Although they also sold the shares of China's demons, it didn't help at all. This money can't fill in any loopholes for current co-workers.

Since they raised the auditing standards for car loans, their car sales have fallen sharply, which has created a backlog of their products.

But if we don't raise the standard, we will worry that more car loans will not go up at all and become bad debts.

This makes the company in a dilemma. Even if they have stopped the real estate credit business, they can't stop the car credit business.

So what business does this financial credit company have left and where does the revenue come from?

But we can't shut down the factory now, let alone shut down the factory. Otherwise, those employees will definitely quit. If those employees quit work, the loss of co-use will be greater.

……

"Boss, I've already told Tongyong that we won't consider buying any asset business of Tongyong in a short period of time. I think Tongyong will regret that we didn't agree to the terms at the beginning!" Ralph said with a smile.

At the beginning, if we agreed to use the same business, wind and rain holdings would really buy some of them.

It's a pity that at the beginning they thought they were the world's No. 1 car companies, with their heads held high, and some conditions were resolutely not relaxed. Now, have you tasted the evil?Feng Yu's fingers kept beating on the table. He was recalling the end of his previous life. But now, it seems that the same use will become worse.

"Well, no matter what the conditions are, don't promise, even if they are free!"

Ralph doesn't understand. If the other side really offers good terms, don't they? That's a great help for the boss to expand the global automobile business.

Didn't the boss say that he wanted icecity machinery manufacturing group to be the largest in the world?

Although he doesn't know what the boss thinks, what the boss says is his highest standard, and he will do it.

In fact, Feng Yu still likes some of the same businesses. The acquisition has really greatly promoted his auto kingdom.

But now the acquisition is not cost-effective. It's bankruptcy. Can't we talk about it then? Even if they can't get it, then when they go bankrupt, it's also when they expand rapidly.

Perhaps at that time, we could acquire some businesses of crazy fields and Dezhong, which would be more perfect!

…… (to be continued. )