City: I, A World Car Overlord
Chapter 205
Chapter 205
At the time when the emerging car companies were cheering, the top three of the solar system successively launched the strongest replacement models at the Guangzhou Auto Show.
The first is Toyota’s Corolla, which has been the sales champion of Tianchao’s A-class models for many years.
After the upgrade, a hybrid system was added, claiming that the fuel consumption per 100 kilometers reached 4.9L, which is simply invincible.
The second is the Honda Civic, this model can be said to be a household name in the Chinese market is not an exaggeration.
After the upgrade, the 1.5T engine, known as the strongest on the surface, has been added, which accelerates from 100 kilometers to 6.8 seconds.
Finally, Nissan Sylphy, Mazda three generations, Wuling Guangwu and other car companies have also made big moves. They all took out their own strongest engines. While the performance was enhanced, fuel consumption was once again greatly reduced.
If only this is the case, the emerging Chinese auto companies will not be rushing to the streets, but the sun state-owned car company has reduced the prices of its A-class cars across the board, the magnitude is rare, and this is the killer.
Before the Great Wall, Geely, BYD and other car companies entered the electric A-class car market, the prices of these A-class cars of Sun Country were generally between 110,000 and 15, and they are now all lowered.
Take the Toyota Corolla that swept the Tianchao A-class car market as an example. The low-profile manual version has dropped from 110,000 to 98,000, and the high-end version has been reduced from 15 to 128,000 with enhanced interior style.
In this way, emerging car companies generally set a price of around 100,000, and there is no advantage at all.
What do consumers care about most about A-class cars? Of course it is the price.
If you can choose a well-known brand when the price is similar, the consequences are self-evident.
Because of the unfavorable development of the Tianchao car companies, the solar system car companies have ruled the Tianchao for nearly 30 years, and have already established brand influence and consumer beer in the hearts of the Chinese consumers.
Now that this set of combinations has come down, brands such as Great Wall, Geely, and BYD still have the power to fight, but the long-dead brands such as Chunlan, Shuguang, and Dafa will not be able to resist, let alone other less famous brands. NS.
As a result, these emerging car companies were suddenly beaten to hell on earth from the nourishing life they had just started.
Some auto companies with insufficient capital just couldn’t survive. They found the Automobile Association, the Ministry of State-owned Assets and the Ministry of Industry and Information Technology, and asked the government for support.
As a leading company in the Tianchao auto industry, Baolong was naturally called in. Lin Fan was in the free country and was unable to attend. The group CEO Pan Qiang went to the Automobile Association.
After listening to the analysis and explanation of the group’s senior management, Lin Fan probably wanted to understand something:
These emerging car companies are specifically aimed at making quick money.
Now that fast money can’t be made, the government is required to act.
Lin Fan is not optimistic about these emerging car companies, and does not expect to make money from them for electric powertrains.
Ever since, Lin Fan was heartbroken, and it’s a big deal to build an A-class by himself, make money on his own, and manage the flood of these emerging car companies.
Lin Fan called Pan Qiang directly.
“Uh, Lin Dong, why did you call this time? It should still be midnight on your side.”
“I’m back, and I’m in a meeting, so I’m leaving you.”
“Ha, let’s not say earlier, I am in the Beijing Automobile Association now.”
Lin Fan faintly heard the discussion over there from the phone, and it seemed to be very intense.
Lin Fan said directly: “Lao Pan, I know a little bit about the emerging car companies. Let me tell you that we won’t go to Baolong this time. Just live your life well, you come back quickly.”
Pan Qiang smiled bitterly: “Dong Lin, I don’t want to worry about it, but things are not that simple. I’m afraid I can’t get out of my body. I will report to you and you will know…”
Pan Qiang gave a general overview of the situation at the Automobile Association, but Lin Fan was shocked.
This car building boom has attracted a lot of capital into this industry. According to incomplete statistics, there are more than 60 billion in total.
What shocked Lin Fan even more is that the number of emerging auto companies this time is far more than what the group knows.
There are a total of more than 20 emerging brands, more than 30 vehicle manufacturers, and the number of related small companies in the surrounding area is even greater.
Not to mention the number of employees, compared with Baolong, under the condition of their semi-manual production, it must be an astonishing number.
If it has nothing to do with Baolong.
Those car companies with strong capital have booked Baolong’s super production line.
The purchased electric powertrain is also a huge number.
If these car companies rush to the streets collectively, the Baolong Group may see a turnover of tens of billions of dollars and not to mention it.
It is also impossible for the Ministry of Industry and Development and the Ministry of State-owned Assets to watch a bubble of more than 60 billion yuan.
After all, electric cars produced by Baolong have to be reviewed by the Ministry of Industry and Information Technology before they can be listed.
The group also holds two major projects, the A6 official car and the Cavalier military vehicle.
All of these have to go through the hands of the Ministry of State Assets to get the money.
And these emerging brands and vehicle assembly plants, without exception, have a relationship with Baolong.
Now that things are so violent, how can you let the Baolong Group slap your ass and leave?
Lin Fan thought for a moment, and felt sweaty on his face: “Old Pan, is it really that serious?”
“Isn’t it? Before I came, I thought that things hadn’t become irreversible. When I came here, I was going to be a good boy, it was going to be a big trouble.”
Lin Fan was a little confused for a while: “I don’t think these new brands can play with assembly factories like this. The government has saved it for a while, can it save the rest of the world?”
Pan Qiang is also very helpless: “Everyone can understand this, but this wave of car building craze has attracted too much capital and too many factories have participated in it.
Some of these factories are still state-owned enterprises, like Chunlan and Shuguang, which did not lose to Guangqi and Beiqi, but they declined later, but after all, they are state-owned enterprises. It is impossible to stand idly by. ”
Lin Fan thought for a while and asked, “Then what do these factories want to do when they get together?”
“What else can I do? Ask the state to grant projects, or large interest-free or low-interest loans.”
“They’re thinking about assholes, because they want technology but no technology, want capital but no capital, and they may go bankrupt someday. Who dares to loan them?”
“That’s right, there are even more excessive ones. Some factories directly ask for our group’s OEM.”
Lin Fan laughed when he heard this: “Where do they have confidence? Even if they are given a super production line and have no solid skills, who would dare to sell the cars they made?”
“Of course I won’t agree. I’ll be a mess here now. The specific arrangements are up to you, the chairman of the board…”
Before Pan Qiang had finished speaking, Lin Fan heard someone calling him over there. It was estimated that Pan Qiang had been calling out for a long time and asked him to go back and continue the meeting and discussion.
After talking about business, Pan Qiang reluctantly hung up the phone.
Lin Fan threw the phone on the table: “How could it be possible to take out the money in the little master’s pocket…”.
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