On the contrary, cheaper buses are more popular with users.
...
Zhao Ye then called Zhou Huicheng, the CEO of Tiangong Technology, to express his thoughts.
After listening, Zhou Huicheng replied, "Chairman Zhao, I've had this idea for a while too! Mercedes-Benz buses haven't really penetrated the domestic market. Many customers have said that it's mainly because Mercedes-Benz buses are too expensive. They hope we can launch a high-quality, affordable bus. Ideally, the price should be under 400,000 RMB!"
Zhao Ye frowned and asked, "Can 400,000 yuan be used to build a large bus?"
Zhou Huicheng nodded: "Yes! We've calculated it. If it's a bus that we develop ourselves with a high domestic production rate, the cost won't exceed 300,000 RMB! We can sell it for 400,000 RMB and still have a large profit margin!"
Tiangong Technology has already established a large number of 4S stores in China. They sell their own products directly, eliminating middlemen and resulting in higher profits.
Therefore, even if the profit is only 10,000, it is still worth doing.
Furthermore, it can be considered as a technological reserve, which can be used to develop more advanced buses in the future.
In Zhou Huicheng's view, Mercedes-Benz is, after all, a foreign brand, and Tiangong Technology has to give Mercedes-Benz a share of the profits for every Mercedes-Benz sold.
It would be better to create your own brand.
Since Mercedes-Benz buses have failed to adapt to the Chinese market, this presents an opportunity for Tiangong Technology.
After several years of learning, Tiangong Technology has mastered the production and manufacturing process of Mercedes-Benz buses. However, some configurations, such as the engine, are manufactured by Mercedes-Benz itself, making them more high-end.
However, Tiangong Technology has alternatives. It can use its own self-developed engines, which, although not as good as Mercedes engines, are still relatively advanced.
"That's good! I hope our independently developed bus can be launched on the market soon!!!" Zhao Ye shouted.
"No problem, Chairman Zhao, don't worry, we are full of confidence in building this bus!" Zhou Huicheng said with a confident smile.
"Okay, that's settled then. I'm hanging up now."
Tiangong Technology has been deeply involved in the automotive industry for many years, and its strength should not be underestimated.
Zhao Ye naturally trusted Zhou Huicheng and the others.
"Wait a minute, Chairman Zhao!"
"What's up?" Zhao Ye asked.
"Yes, Chairman Zhao."
"What's wrong? Tell me."
“Here’s the thing, Chairman Zhao, the military wants us to develop a powerful off-road vehicle. If we were to develop it ourselves, it would take a long time, so I thought of acquiring Hummer,” Zhou Huicheng said.
Zhao Ye was slightly surprised. "I know Hummer, but it's an American company. Do you think we can acquire it?"
"Yes, I think it's possible!" Zhou Huicheng nodded seriously and replied.
“Tell me your reasons!” Zhao Ye frowned slightly. “You know, Hummer is a company that provides off-road vehicles to the US military!”
"Chairman Zhao, Hummer produces both military and civilian off-road vehicles. We acquired the civilian off-road vehicle division!" Zhou Huicheng explained. "In recent years, Hummer off-road vehicles haven't been very popular in the market, and the company has been operating at a loss, suffering significant losses. Our purpose in acquiring Hummer is to conduct secondary development on its foundation, and we are confident that we can develop military off-road vehicles that will satisfy the domestic military as quickly as possible!"
Upon hearing this, Zhao Ye thought for a moment and felt that Zhou Huicheng's words made some sense. Hummer is the world's most famous off-road vehicle brand, with unparalleled technology. Even its civilian off-road vehicles use very advanced technology.
The only question is whether the acquisition will be successful.
“Okay, you can send someone to try to acquire Hummer!” Zhao Ye said.
“Okay, Chairman Zhao!” Zhou Huicheng said excitedly. With Zhao Ye’s approval, he could go all out to acquire Hummer Company—if he could also bring Hummer under Tiangong Technology’s umbrella, that would be even better! He thought to himself.
A few days later, Zhou Huicheng began assembling a team to travel to the United States to acquire Hummer.
In fact, Hummer's major shareholders would love to sell it to Tiangong Technology and make a fortune.
However, the US Congress and military are unlikely to agree easily.
...
Zhao Ye didn't actually have high hopes for acquiring Hummer, but he figured he might as well let them try. If they failed, it would only strengthen their resolve to conduct independent research and development.
As a manager of the group, Zhao Ye is relatively tolerant and open-minded towards his subordinates, and is willing to let them do many things on their own.
As expected.
The acquisition of Hummer was quickly thwarted.
However, Tiangong Technology has reached an acquisition agreement with Hummer's shareholders, and the two parties have now decided to join forces to lobby Congress for approval of the acquisition.
It will probably take some time before we see results.
In the blink of an eye, the year 2000 has arrived.
Zhao Ye and the heads of various internet companies under Wujiang Group began to get nervous.
But at the same time, there is still a glimmer of hope.
However, just as 2000 began, the Millennium Bug problem suddenly broke out in computers around the world.
Zhao Ye was also somewhat negligent and forgot about this matter.
He only realized what was happening when his subordinates came to report to him.
"Chairman Zhao, many people's computers around the world have been paralyzed. It's one thing for individuals, but for some companies, especially in the internet industry, this is a significant blow. This might lead to the bursting of the internet bubble!" Tang Letong, CEO of Wujiang Portal, rushed into Zhao Ye's office, looking worried.
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