Chapter 1694: Differentiation strategy

Both Tongtong and Fuite wanted to trade with the Wind and Rain Holding Group, but they knew that the Wind and Rain Holding Group had a new idea after working with the Tata Group.
Feng Yu naturally wants to spend less, and both GM and Fu Te want to sell more.
In fact, this conflict is not big, but the other question Feng Yu is too demanding. There are no employees in the country, and employees in other regions have to be reviewed before deciding whether or not to do so.
To use the same employer and Fu Te first layoffs, Feng Yu naturally takes up a lot of money. If the laid-off employee definitely needs to find a job, then he can re-sign the employment contract with the employees at a reasonable price, and even the contract can lower the price.
The same use and Fu Te itself will lay off staff, but this is completely different from the scale of the layoffs requested by Feng Yu. Although Ralph talked with the other side, he said that he could give more money, but he still disagreed with Fut.
They are old-fashioned manufacturing companies, and they have more retired employees. The layoffs are also to pay compensation. If you sell these businesses, the employees are still in their hands, can they all be laid off? I can only cut the part.
As a result, in other businesses, they are bound to need layoffs to accommodate these extra employees.
In this way, although they have laid off a lot of people, they have not been able to reduce too much. Even if they take more money for the time being, they are just drinking and quenching their thirst. At that time, these employees’ pensions, medical insurance, etc. are still a great burden.
Feng Yu insists on this and must not change. You can pay more, but don't want these people, and don't want those garbage factories.
When the former Tata Motors started to operate passenger cars, it did a good job. However, after the acquisition of the leopard and the land tiger, they developed their own small car and began to lose money.
Don't look at the Leopard, Land Rover, etc., but the burden is even heavier. If it weren’t for those burdens, how would Furt sell so cheaply to Tata Motors?
Feng Yu's meaning, those who are in debt, he does not want, but this GM and Fu Te will never agree.
Both the same use and Fu Te will not bear this part of the debt. Fortunately, it is possible to divest non-performing assets through the restructuring of ownership structure.
You said that the distressed assets were stripped and bankrupt, so that the employees of the bankrupt companies would not find them?
Under normal circumstances, bankruptcy reorganization only abandons some non-performing assets, and then let quality assets bear these debts, delay repayment, and reduce the burden.
Many foreign companies simply transfer their non-performing assets to a company and then go bankrupt.
The method is very simple, and it is legal to break away from the relationship. A bankrupt enterprise can find a person to bear, and has nothing to do with these high-quality assets.
If you are burdened, you will be given a political axe, and the legal person of the bankrupt enterprise will have a lot to do with it.
This legal person is also very simple. There are people in the country who are in jail. They become legal persons. Anyway, they will not be able to come out in this life. It is good to leave some money for their families.
He is still in prison, and he is not afraid of others looking for trouble. Anyway, he still can't afford debts. You have the ability to let me go out to work and pay debts.
There are many similar ways, and some people who are dying to be legal people can always find loopholes.
Of course, Feng Yu will not adopt this method. As long as it is reorganized once, there is no need for bankruptcy and reorganization, and normal asset restructuring will be fine.
Even if there are some bad assets, it is normal. I can’t say that people’s special quality assets are sold like this?
Ralph and Palange and others have studied and believe that the same use and Fu Te may be united in private, so that the loss is the wind and rain holding these purchasers.
Ralph believes that the first thing to do now is not to think about how to acquire the target businesses of the two companies, but to divide the two companies.
Only when we are divided can we truly take the initiative.
What they are studying now is how to differentiate the two companies in the country. After all, the main factories of the two companies are in Detroit.
To put it bluntly, although they are old rivals, in this case, they will still be consistent with each other because it is in their interest.
Ralph and Palange both believe that they should first contact Fut. After all, Fute knows that they have contacted them and they have taken the initiative to find them. Obviously, they are more anxious to sell assets.
Feng Yu has different opinions. He believes that it should be used first, because the burden of using it is greater and cash is needed.
Xu’s weak opening at this time:
Can I express my opinion?

Xu always can be a representative, but also because his English is very good, this is an advantage in the dry ~ department.
At this time, they are all their own people. Feng Yu naturally will not refuse to open his mouth. Many people also have multiple opinions.
"It's all your own, you say it."
"I also think that we should first contact with the same use. First of all, according to Mr. Ralph, the first use of the first contact with the wind and rain holding group, it shows that they are very anxious to use money."
"Secondly, the same-purpose plan is to sell the joint venture factory shares in China. This is our China asset is bound to win. And this time we must first buy the joint venture factory shares used in China, do you think Fut will be anxious?

Feng Yu’s eyes lit up and he did not find that Xu always had a little thought.
The work experience is not colorful, it seems rather mediocre, but it has been a little stained for so many years, and it also proves that this person has some mind.
Ralph thought for a moment and nodded. "This is a good way. After the success, the same money was used, and it was not enough. It only temporarily eased their troubles."
"For Fu Te, we can ask for the purchase of their joint venture factory shares in China, which is also directly rejected by them. Fu Te sees the same use, and may even promise to sell."
"Even if Fu Te does not sell this part of the assets, then when other assets are negotiated, it will be more beneficial to us. Another Fute's assets are much better than the same assets. It is impossible to agree with us. Claim."
In fact, no one should be too much. This is too difficult for the same use. But for Fu Te, it is much simpler.
They have fewer brands and fewer employees. Ralph only stressed that there is no one in North America. The assets that Forte wants to sell are few in North America.
After Feng Yu’s acquisition of Fu Te’s assets, he always had employees, and Fu Te’s priority was to hire their original employees. Feng Yu also thought that there was nothing wrong with it.
Hiring skilled workers is always better than hiring a good job.
Palange also feels that this is quite good. Even they can test whether they can buy Daewoo together. If this is the case, then Feng Yu promised not to compete with Tata Motors.
"Ralph, how to talk about it, or you lead the team, this thing is done, you can't lose it."
... (to be continued.)