Almighty crossover king

Chapter 970 The crisis of the automobile industry

Zhang Fan started to toss in Huaxia, and everything was proceeding in an orderly manner. "Harry Potter" also performed very strongly at the box office.

In two weeks, Harry Potter has grossed $42 billion worldwide.This kind of box office made the Hollywood giants swallow, and they only now realize that they have underestimated this IP.

There are too many fans of this book, and it happens to be on summer vacation.So a huge movie-watching boom was formed.Some office workers couldn't get movie tickets at first.

The children took their parents to watch it, and some parents who hadn't read the book were also hooked on this movie.After getting hooked, these parents read books again.

In this way, the number of fans of "Harry Potter" has increased again, so the box office has performed so strongly.

However, after two weeks of broadcasting, the single-day box office has begun to drop sharply.But even if it falls, it is still very strong every day.

At this rate, the box office could eventually top $50 billion.Such a box office has satisfied Longteng Entertainment and Warner Bros.

Now the crew of the second part has been set up, and the preparatory work is already underway.This time next year, the second part will still be released.

Everything is going in a good direction, and Longteng Group's African strategy has also begun to be implemented little by little.However, the progress is not too fast. After all, the main strategic goal of Longteng Group is still in Asia.

Longteng Group has developed very steadily, but other companies in the world are not so lucky.Internet companies were a bit ugly when they were hit by a bubble.

Twitter has officially gone bankrupt, and some other companies that did not go bankrupt also suffered heavy losses in the last stock market crash.

Many companies have lost more than a third or more of their market capitalization.In addition to the Internet industry, many other industries are having a hard time.

The most difficult thing here is the automobile manufacturing industry.Affected by the press conference and the Chinese market, the world's traditional auto manufacturing industry is having a hard time.

At present, the global automobile industry is undergoing rapid transformation, and it wants to transform new energy vehicles.And mobilize a large amount of funds, but it is not easy to transform.

Even if you have money, you still have to study technology.Besides, researching technology is not so easy.The Longteng Group is also secretly doing sabotage, constantly poaching, and many talents have been poached away.

It is better for a strong company, but it is sad for a weaker company.Without funds, it is not easy to transform, coupled with the loss of profits, life is really difficult.

Automakers around the world are having a hard time. Even Toyota and Volkswagen are having a hard time, let alone other companies.

Italy, Fiat Group headquarters.Another shareholder meeting is held today.These major shareholders sat together with ugly faces.

The financial statements for the new quarter came out, and the Fiat Group suffered serious losses.In the second quarter of this year, the Fiat Group lost $29 billion.

Another loss. You must know that the Fiat Group lost US$18 billion in the first quarter.Last year, the Fiat Group lost $37 billion.

Losses increased, but car sales continued to decline.At present, among the four brands under Fiat, Ferrari has the best mix, but even Ferrari has suffered losses.

Lancia, Alfa, and Maserati all suffered heavy losses.At this rate, it won't take long for Fiat to go bankrupt.

You must know that the current debt of the Fiat Group has reached tens of billions of dollars.And this debt ratio is still increasing.

Stocks have continued to fall in the past two years, especially after Longteng Group's press conference, and the decline was even worse. Now the stocks in the hands of these shareholders have become hot potatoes.

"A solution must be discussed today. Fiat has no money at the moment. The bank is already urging us to repay the debt. If the debt problem cannot be resolved, the only thing waiting for Fiat is bankruptcy..."

President Elkann said seriously, his face full of dignity.Elkann is not just the president of Fiat, he is also a member of the Agnelli family.

The Fiat Group was founded by the Agnelli family.Currently Fiat's largest shareholder is also the Agnelli family.

Therefore, Elkann's voice is very important. Over the past few years, Elkann has also worked hard to solve Fiat's crisis, and has thought of many ways, but so far, there is no other way.

Automobile companies ultimately have to be reflected in the sales of their products.Now the sales of Fiat products have fallen sharply, and the internal losses are serious. Coupled with the long-criticized quality control, Fiat's sales have plummeted.

The second is competitors, especially German and Japanese.They lost a lot of market in China, and they can't regain this market in a short time, so they can only make efforts in other markets.

This effort directly killed Fiat Fei.So now, Fiat must consider the issue of life and death.

Debt, the most important thing now is to solve Fiat's debt problem.If the debt problem is not resolved, the entire group will be taken away by the bank for auction.

Although the Agnelli family can afford the money, the family is unwilling to take any more money.In their view, Fiat has become a pile of bad assets, and it is better to continue to invest money and sell it while it is still worth some money.

The other shareholders also nodded seriously.They are also more flustered now.They no longer think about making money, but about how to lose less money.

"At present, we have contacted some groups. Some people are more interested in us. Among them, the Ferrari brand is the most interested, followed by Maserati..."

Elkann said seriously.During this time, some car companies around the world have also contacted Fiat.Want to buy Ferrari or Maserati directly.

But the price given is not high, because their life is not easy.

"But there is good news today. The Tesla Group contacted us. And made an offer for us. Their offer for Maserati is 115 billion US dollars..."

Elkann's words made everyone's eyes light up.Although Maserati is a good brand, its performance is really bad.

Especially in these years, Maserati used to be a representative of nobility.It competes with Porsche on the same level, but now it has been thrown away by Porsche for thousands of miles.

Trident is feelings, but not banknotes.Maserati has not made any money in the past few years, and its losses have become more and more serious.

Previously, Fiat declared that Maserati and Alfa were banned brands.But now in the face of money, everything is useless.

Now even the Italian government is flattering Longteng Group, hoping that Longteng Group can invest in Italy.So the so-called ban on sale is a joke now, as long as you give money, there is no such thing as a ban on sale in this world, let alone Maserati, even Ferrari, as long as you give enough money, it will be sold.

(End of this chapter)