Rebirth of the World’s Richest Man

Chapter 2958 Unclear attitude

 Mortal City is said to be big. It is an international metropolis with prosperous industries, high-rise buildings and busy traffic everywhere.

Maybe many people will not be able to visit all of the city even if they live in it all their lives.

There are countless branches of the world's top 500 companies in Magic City. Various foreign-funded enterprises, joint ventures, private enterprises, state-owned enterprises, and numerous financial industries support the development of Magic City.

The city is said to be small, but in fact it only has that small area, and the local resources are not unlimited. It is impossible to support the growth of two large automobile manufacturers at the same time.

 SAIC, the largest automobile manufacturer in China, has a long history, which can be traced back to the 1940s.

Many people only know that SAIC's first car was named SH760, but they don't know that a long time ago, when SAIC was not called SAIC and was called the Modu Automobile Assembly Plant, the first car was hammered out by hand. It was developed on the basis of the Mercedes-Benz 220S sedan and is called Phoenix.

It is also a landmark, a soaring phoenix. It was SAIC's first car. In the 1960s, the SH760 was officially rolled off the assembly line.

SH760 was improved on Phoenix, with a simple and clear appearance design. In addition to using a large number of chrome-plated parts for decoration, the front face was also equipped with cylindrical headlights that were quite "popular" in China at the time.

In terms of power, SH760 is equipped with a 2.2L Jinfeng 680QK inline 6-cylinder gasoline engine with a maximum power of 90Ps, a maximum torque of 166N·m, and a top speed of 133km/h. The transmission uses a four-speed manual gearbox.

 This can be said to be the ceiling of domestically produced cars at that time, and unlike the Hongqi sedan, it began to be sold to ordinary people in the 1960s and 1970s. In comparison, getting into a car is undoubtedly closer to the people and more cordial.

 In 1979, the year when Jiang Xiaobai went to college, the Modu Automobile Factory was officially renamed SAIC.

 At that time, a total of more than 20,000 vehicles had been produced.

 In the early 1980s, Shanghai Automobile once became the main model of official cars and taxis in my country.

If we say that the above is the stage when SAIC is laying the foundation, we have to say that SAIC has laid a very solid foundation and it is quite good.

After entering the 1980s and 1990s, the cooperation between SAIC and Volkswagen truly made SAIC a leader among domestic companies. In 1987, only the tires, radios and antennas of Santana's components were made in China. By 1998, more than 90% of the vehicle's components were provided by local manufacturers.

 This is the result of SAIC. Whether the Santana model is a best-seller or not, how well-known SAIC is.

 Later, we cooperated with General Motors, which finally allowed SAIC to really take off.

 Later, SAIC became the largest automobile manufacturer in the country and also acquired Nanjing Automobile and the like.

 Even at this time, SAIC is one of the strongest among domestic car manufacturers, let alone in Shanghai.

 Before, although there was Huahai Automobile in Shanghai, Huahai Automobile was not taken seriously by him at all.

Although Huahai Automobile is nominally a joint venture car, in fact, it is not a joint venture car at all.

Huahai Automobile in foreign countries was established after Jiang Xiaobai acquired two automobile factories. Looking at the two automobile factories he acquired, it was found that they could not be sustained and had to be sold out.

 Volga Automobile Factory and Lihaqiaofu Automobile Factory were acquired by Jiang Xiaobai. Although there was a historical background at that time, there were also reasons why the two companies did not compete well.

  Comparing these two automobile manufacturers with Volkswagen, they are far behind. Volkswagen is one of the four largest automobile manufacturers in the world.

ˆFor the first foreign brands to enter the country, their domestic popularity and brand image are completely different. Although Huahai Automobile is backed by Huaqing Holding Group, it is considered to be strong. It needs capital, marketing, channels, and technology.

In the eyes of many people, it is considered a very good automobile factory, but it is not taken seriously by SAIC at all.

Huahai Automobile has a backer, backed by Huaqing Holding Group. Does it mean that SAIC has no backer?

Just kidding, they are a state-owned enterprise. Considering the background, are they afraid of Huaqing Holding Group? It is a Fortune 500 company. Doesn’t it rely on strength to speak for itself? Let's try bullying someone.

 Besides, they are the local treasures.

 Why are you afraid of Huahai Automobile?

 But this suddenly changed. Jiang Xiaobai spent a lot of money to acquire two brands from Luofu Automobile Factory, plus four brands transferred from Ford.

Huahai Automobile has suddenly become the most powerful automobile manufacturer in China. It remains to be seen whether the local attitude will change.

If Huahai Automobile is cultivated well, it may hope to become one of the largest automobile manufacturers in the world.

 At present, they are still relying on public and general subsidies to live. It goes without saying that which one has more potential, it is obvious.

 SAIC relies on local support. There is no need to be too biased in favor of Huahai Automobile in Shanghai. As long as both policies and other aspects are treated fairly, SAIC's life will be difficult.

 Because Huaqing Holding Group will definitely not support SAIC.

It's not that SAIC thinks too much, but the reputation of one of the world's largest automobile manufacturers has been nurtured in Shanghai. It is possible that the attitude in Shanghai will change. This is not impossible, and the temptation is great. .

In addition, after the rise of Huahai Automobile, it will also carve up the domestic market. Huahai Automobile has the technology and brand to compete with Volkswagen and General Motors for the market.

The younger brother who was still relying on Volkswagen and GM was dumped behind him.

 So now it’s up to SAIC not to be anxious.

Moreover, Luofu Automobile was acquired by Huahai Automobile, which also disrupted the rhythm of SAIC. SAIC originally had ideas about Luofu Automobile and wanted to use Luofu Automobile's technology development to develop its own independent brand. However, it was acquired by Huaqing Holding Group. .

 It still cost only one Hong Kong dollar.

 This news shocked and angered SAIC.

 Among the major state-owned automobile manufacturers in China, he is the most threatened.

After the news came, SAIC immediately held an emergency high-level meeting to study how to deal with the rise of Huahai Automobile.

 They are among the fastest responding domestic automobile manufacturers.

However, other car manufacturers are not slow to respond. For example, Geely, Lifan, Wanxiang Automobile, etc. all have people rushing to the Magic City.

 (End of this chapter)