Chapter 712 Idiot (Part 1)
"Haha, handsome! I just said, how could Xingzhu Group do such a thing? Haha, it turns out that it's like this. This time, the little Japanese suffered a big loss! Haha! Let them pretend to behave and hold a press conference without knowing the truth. Isn't this just trying to die? Haha, I'm so laughing to death, it's really a bunch of sbs."
"I can't explain it! It's so satisfying. No wonder Xingzhu Group has never come out to explain. It turns out that they are waiting for those Japanese companies here. This time, Japan has suffered a huge loss, $65 billion, and buy a scrap. Haha."
"Hey... Xingzhu Group does this well, but what should those who bought Toyota cars do? Toyota is definitely unable to fulfill the contract now, and even Toyota goes bankrupt is possible. So aren't these people who bought Toyota cars cheated? This is also a loss."
"You are thinking too much upstairs. Who is this blame? Since they are willing to enjoy the cheap to buy Toyota sedans, they must be mentally prepared. You can't blame Xingdian Group? If you want to blame, it's also their own fault. Who asked them to buy Japanese goods by themselves? It would be fine if they don't support domestic products, and they don't have to support Japanese products, right? They have been boycotting Japanese goods for so many years. Since they still buy them, they ask me to say that they deserve it."
"The upstairs is right, but I think what you said is a bit problematic. Although these people bought these cars with a cheap price, Toyota definitely didn't make any profit. Although the profit of the car is quite large, when these people get the car, they only paid about 50% of the goods to Toyota. The profit of the car may also be more than half of the price. Putting aside taxes, etc., Toyota is definitely losing money. It seems that Toyota said that if the contract cannot be fulfilled, it will be compensated? Although the price is not high. However, according to the price of the p system announced by Xingdiao Group, the cheapest one will be more than 15,000 rmb! Anyway, the unlucky one is definitely the Japanese grandson."
With the release of General Motors' press conference, the comments on the domestic Internet immediately turned over, and various gloating comments were about to burst into the forum of Xingzhu Group. However, most people still expressed their admiration. Many people who had scolded Xingzhu Group before had voluntarily deleted their posts, and even many posts apologized.
But no matter what, Toyota and other companies are considered unlucky in China this time, just like these netizens commented. Toyota sold its own inventory of cars, but it does not mean that it is over. Because of the press conference of Starfall Group, the people who bought Toyota Motor Company immediately stopped doing it, nonsense. Although they bought Toyota cars for the sake of cheapness, they were more considering being able to use cars equipped with P systems in advance.
And now all this is gone. Haven’t you seen the press conference of Xingdou Group? These sellers all over the country immediately went to the 4S store where they bought their cars and asked for a refund. Although there was a three-party contract with the bank Toyota, they were not happy even if they were half cheaper! Because although these cars consumed relatively little fuel, they would definitely not be able to compare with those who installed P systems.
Perhaps they spent nearly half of the money. But for office workers, the monthly gas money is still not a small number. More importantly, even if they are calculated to buy these people, they will not suffer any losses. But they are unwilling to have a better choice, so why do they still have this bad one?
Although Toyota only sold less than 300,000 cars worldwide, there were more than 100,000 cars in China. This is not a small number. These people are spread all over the country. Similar things have happened in almost every city. Such things can easily cause commotion. The State Council quickly established an emergency operation team to handle the matter in full, and the Prime Minister had to solicit opinions from the Chairman.
"Just do it like this, we are a normal business behavior." The chairman thought for a while, then picked up a pen and signed his name on the document that the Prime Minister took. The Prime Minister also nodded. This was the best way to do it. On the second day of General Motors' press conference, the Chinese government quickly announced that because Toyota Bank still has a contract of more than 100,000 users, and the current Toyota stock price, the Chinese government will temporarily freeze Toyota's accounts and related assets in China branch to ensure that Toyota can successfully perform the contract when facing bankruptcy.
China's rapid reaction can be said to be beyond the expectations of the whole world. In such a short period of time, just twenty-four hours passed, China responded and frozen all Toyota's assets in China. This also means that if Toyota really goes bankrupt, these things will be auctioned and then used to fulfill the contract they signed, and the assets after compensation will be returned to Toyota.
This is undoubtedly a worse injury for Toyota, because Toyota's stock price is already falling wildly, and China's direct freezing of Toyota's assets means that the Chinese government is not optimistic about Toyota, and China is undoubtedly Toyota's largest market now. Once the Chinese market is not optimistic about Toyota, is Toyota's result still worth mentioning? The announcement announced by the Chinese government has caused Toyota's stock in Japan to be like a pierced balloon, which has sharply shrunk.
Although Toyota's stock was falling, it also had an impact on Toyota, but it cannot be said that it was too big. After all, the stocks were circulated in the stock market, and there would be no impact on Toyota's own operations in the short term. After all, these stocks are just not optimistic about them. As long as you have enough liquidity, there will not be too big problems.
But now it is different. China's assets are frozen, which means that Toyota's idea of withdrawing funds from its Chinese branch has become a silence. As a result, due to the trust crisis, business sales in China will definitely come to a halt. The next thing that affects Toyota in the world market is the fastest and most hateful. The second is the United States. The day after China's announcement, the US government's Treasury Department also stated that it would restrict Toyota's property.
Although assets in the United States will not be frozen, they are absolutely not allowed to transfer funds from the United States, and even mutual transfers between banks will be restricted. Of course, factories can still operate, not as simple as China, and they directly freeze Toyota's assets. Other Japanese auto companies have not been taken action because they don't sell many cars and have no relevant policies, so the impact is not particularly large.
Regardless of the reactions on the Internet, these countries dare not relax at all. In fact, countries around the world are beginning to become nervous because Japan's economy may begin to decline due to the bankruptcy of these automobile companies, or even collapse. In addition, international giants such as Soros have directly begun to short the yen, which has led to the current chaos in Japan's foreign exchange market, and the Japanese Prime Minister's Office has not given a detailed answer so far.
However, no matter what their reaction was, the third day after General Motors' press conference, the latest issue of Time magazine happened to be released. This issue of Time magazine directly adopted the beautiful and heart-warming photos of Lulu's press conference that attracted countless reporters to take. On the cover, Time directly wrote a bold line of typing: Angel or Demon!
"... Undoubtedly, if you look at this photo simply, I admit that even I was moved at that moment. Such a smile was too moving. Perhaps it was like the legendary painting of Leonardo da Vinci. Sometimes it was extremely charming, sometimes it was mysterious, but in the end she was so attractive, but the angel's face was combined with the angel's smile, and the consequences of what she announced were disastrous. Japan's economic system even reached the brink of collapse because of this charming smile. As of the date of publication of this magazine, the economic crisis caused by several major automobile companies in Japan has caused at least dozens of people to commit suicide by jumping off the building, including Toyota's president Akio Toyota who was also hospitalized due to this news and is still in the emergency room."
"...We cannot comment on what she said, just like what she said, about the topic of Nanjing. Although it is history, we have to say that sometimes, the most important thing for a person is not to not make mistakes, but to have the courage to face his own mistakes after making mistakes... Perhaps this is the mistakes that the Japanese government is making for themselves." Times Magazine's comments are like a storm, causing a sensation all over the world.
I don’t know how many media have directly reproduced the comments of Time Magazine. Just as Time Magazine commented, Japan’s economy is really a mess now. A large amount of yen was sold out, and countless overseas funds were not optimistic about the Japanese market, resulting in a turbulent Japanese stock market in a very short period of time. If this continues, the foreign exchange market will fall faster and faster, and then Japan’s economy will be severely damaged.
Not long after the new issue of Time Magazine was released, the Japanese government, which had been silent, finally made its own voice. First, the Japanese government protested against Xingdian Group, protesting against Xingdian Group's discriminatory description and slandering the Japanese government around the world, and demanding Xingdian Group apology. Secondly, the Japanese government announced that it would spend 100 billion US dollars to rescue the market and announced that it would work hard to help the domestic automobile industry and not let Toyota and other companies go bankrupt.
The Japanese government's announcement once again ignited the hot atmosphere. Media around the world were a little dizzy when they saw the Japanese government's announcement. Are all Japanese people tm or sb? Do you know which one is more important at this time?
(To be continued)
Chapter completed!