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Chapter 863 The poor ghost dares to pretend to be rich?

"What company do you think is from?" Yang Xiuyu asked with a strange look when she looked at her son hung up the phone.

"Fiat Company, well, they are now discussing cooperation with Nanqi Group."

"What are they asking you for?" Yang Xiuyu became even more and more strange.

"Who knows," Lin Zheng was also curious about this question. When he scratched his head, Lin Zheng blamed Paul Cantalella for coming to find him as: "Maybe they want to cooperate with us in car audio systems?"

After years of development, Lianchuang Technology has also made its mark in the field of in-car audio systems. It has launched a series of in-car audio equipment that has gained a foothold in low-end in-car audio systems. For any car brand, the largest sales may only be cheap cars. High sales naturally means that there is a high demand for cheap audio systems. As the largest production capacity owner of Fiat Group, it is understandable that Fiat Automobile wants to use cheaper audio systems.

Yang Xiuyu naturally knew this, and recognized her son's judgment very much, nodded and said, "That's all."

But when Paul Cantalella solemnly stated that Fiat Group was interested in cooperating with Lianchuang Technology, Lin Zheng was shocked and asked Paul Cantalella in disbelief: "Mr. Cantalella, do you say... Fiat Group is willing to cooperate with Lianchuang Technology in automotive technology?"

"That's right," Paul ∝,w△ww..Cantarella nodded gracefully: "We know that Mr. Lin, you are interested in making some achievements in the field of automobile manufacturing. The Fiat Group is willing to provide you with some help within your ability."

When he said this, Paul Cantalella did not think that Lin Zheng would be excited and could not wait to be like his compatriots. On the contrary, Paul Cantalella mobilized all his energy to observe any subtle changes in Lin Zheng's face, for fear of missing a trace.

He really dared not take Lin Zheng lightly. This is the one who can make a name for himself in the United States, where the market is most competitive. He and his compatriots are people from both worlds. Paul Cantalera looks down on the bureaucrats of the SCCA Group, but he dare not underestimate Lin Zheng at all.

Lin Zheng's reaction was indeed as Paul Cantalera expected, frowned slightly, thinking about Paul Cantalera's words in his heart, and quickly judged Paul Cantalera's words, or the true meaning of the Fiat Group's words...

"Mr. Cantalella," pondered for more than a minute. Lin Zheng finally spoke slowly: "I know that Fiat Group is cooperating with our country's Nanqiu Group, and even the models of cooperation have been confirmed: three models are launched on the 178 platform, and Fiat Group and Lianchuang Technology cooperate. I wonder how your company is going to explain to Nanqiu Group?"

Damn it! I knew that the group of pigs from Nanqi Group must have no door on their mouths! Hearing Lin Zheng's words, Paul Cantalera immediately cursed.

That's right, in the agreement that Fiat Group and Nanqi Group have reached, it is indeed to launch three cars on the 178 platform. Even you have decided the names, namely Palio, Sierna and Weekend Wind. But this news should be the highest level of secrets on both sides. If it weren't for the bureaucrats of Nanqi Group that didn't say anything and didn't have any sense of confidentiality in their hearts, how could Lin Zheng know?!

No matter how much you scold, Paul Cantalella should explain this question to Lin Zheng quickly. He waved his hand and said, "Mr. Lin, you misunderstood me. The Fiat Group is not going to establish a joint venture factory with you. Fiat has the most complete product series in the world. We have Fiat, sports cars, Alfa Romeo, luxury sedans, Lancia, high-end sports cars and super sports cars, we have Maserati and Ferrari, and we can provide each other with a series of services such as vehicle design, vehicle adjustment, technology and patent transfer."

I understand, the Fiat Group is really making this idea!

Do you buy technology from Fiat? This is a good idea. Lin Zheng has not thought about buying technology from Ford Motor before, but at this point, Lin Zheng's old friend, partner, and Ford Motor Chairman Bill Ford's attitude is very firm: We can cooperate, but transfer technology? Don't even think about it!

The reason why Fiat Group is willing to transfer technology is probably because of the current bad financial situation. Is it impossible? Thinking of this, Lin Zheng secretly thanked in his heart: My loss-making buddy has put in some effort after receiving your call. Otherwise, how could he know that Fiat Group, which owns high-end luxury brands such as Ferrari, Alfa Romeo and Maserati, has fallen into such a serious loss?

"Of course you can consider cooperation, but Fiat's technology is the most advanced in Europe?" Lin Zheng smiled and shook his head slowly, "Mr. Can a company that has not made technological improvements in 16 years say that its technology is the most advanced?"

How could he know that there has not been technical transformation for 16 years? Paul Cantalera suddenly changed!

The failure of technical transformation in 2016 is indeed the biggest shortcoming of Fiat Auto. Compared with its European counterparts, Fiat Auto seems to be a company that is indifferent to technological updates. Looking at the global auto industry, automobile companies have to make comprehensive upgrades and improvements in their technology in about 11 years. Among them, the technology upgrade time of European and American automobile companies is a little slower, about 13 years, and the technology upgrade time of Japanese automobile companies is relatively short, about 10 years. However, Fiat Auto is a weird thing. It takes them a long 16 years to update their technology!

In 16 years, this has greatly exceeded the time span of global automobile manufacturers' technology upgrades. It can even be said that Japanese automobile companies have upgraded their technology three times, and Fiat's second technology upgrade work has not been completed.

However, the delay in upgrading and replacement brings more trouble to Fiat. Another very serious side effect is that the car inventory time lasts 200 days, which is much longer than the 50-65-day car inventory period in the global car world. As for Toyota's "0 inventory" concept proposed...hehe, this is really too harsh for Italians.

With his face changed, Paul Cantalera is also the CEO of Fiat Group after all. His ability to lie is naturally open. After a slight change, Paul Cantalera said to Lin Zheng confidently: "Yes, the technology upgrade of Fiat Automobile is indeed a bit slow, but Fiat's technology is still the world's top..."

"I don't think so," Lin Zheng interrupted Paul Cantalera with shamelessness. Since everyone is conducting preliminary communication, it's better to throw the face aside. Looking at Paul Cantalera, Lin Zheng said without hesitation: "I have an automobile manufacturing company, so I know that a very fatal side effect of slow technology upgrades is the long product inventory time. I remember I read it on a European data. It seems that your company's automobile inventory cycle is 200 days?"

Looking at Paul Cantalera with a pity, Lin Zheng shook his head: "It's been nearly 7 months."

Paul Cantalera's face changed again. Just as she was about to speak, Lin Zheng did not give him the chance to continue, and then said: "We all know that the increase in car inventory time will directly lead to a decline in the company's profit rate. I don't know what the sales profit rate of Fiat Auto is, but I can be sure that with this long inventory period and your company's expensive labor costs, your company's sales profit rate will definitely not exceed 0.5%. This sales profit rate can be much lower than the sales profit rate of more than 5% in the global car world... Mr. Cantalera, am I right?"

Paul Cantalella's face was already embarrassed.

He could not deny what Lin Zheng said. Even based on what Lin Zheng said, Fiat Auto is facing an extremely embarrassing situation: Although Fiat Auto's sales rank 7th in the world's car world, it ranks last in the world's car world in terms of net profit; and looking at the top 10 auto manufacturers in the world today, Fiat Auto's debt ratio is more than 4 times that of other auto manufacturers. The poor business situation has caused Fiat Auto's stock price to have been falling for the past year, with a decline of more than 15%.

Although Paul Cantalella is sure that Lin Zheng will not know these core secrets of the Fiat Group, he does not need to know too much. Just knowing a general situation is enough to make Lin Zheng make a judgment.

Fortunately, Lin Zheng didn't mean to beat the dog in the water. To be honest, although the situation of the Fiat Group is very bad, the lean camel is bigger than a horse, and the technology of the people is still the best in the world. This is by no means the reason for despising others. The topic changed, and he said to Paul Cantalella: "Of course, I admit that although the current situation of the Fiat Group is a bit bad, I still need to look up to the overall technical level... If Fiat is willing to provide us with some help on a fair basis, I am willing to pay some price."

Shhh…

Hearing Lin Zheng's words, Paul Cantalella resisted the urge to breathe his strengths and almost burst into tears: Damn, this sentence is what I want to hear the most today!

"Of course, I never doubt Fiat's technology," Paul Cantalella, who thought she could finally give the Chairman a satisfactory explanation, asked Lin Zheng impatiently: "Mr. Lin, you made the right decision..."

"Sorry..." Lin Zheng raised his hand to interrupt him under Paul Cantalella's astonished gaze...

...
Chapter completed!
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