America: My Time

Chapter 952: One stone stirs up a thousand waves
Chapter 922 A Stone Stirs Up a Thousand Waves
"John, are you sure you can bring down the prices of the mid-to-low-end products? That's no small amount. Car manufacturers worldwide need your products, otherwise they'll lose market share! Are you sure you can meet your own needs, as well as the needs of GM, Ford, and a host of other American companies, and Toyota as well?"

"Don't worry, everything is under control and there won't be any problems. The production lines in China are fully operational, and producing mid-to-low-end products is not a problem; it can fully meet the needs of the North American market. As for the European market, it's not a big issue either, but that only applies to Bentley itself, not the entire European brand. We can only meet their needs for high-end products. As for Toyota, I can only guarantee their mid-to-high-end needs; I can't meet their low-end needs. That will take time. The same goes for Ford!"

As soon as John finished speaking, Jimmy gasped. This was a devastating blow to major car companies, especially those that had been excluded. Jimmy could imagine that Bentley could offer navigation systems for the same quality, but other brands couldn't. Even with a slight price difference, more people would still choose cars with navigation systems. The impact on Europe was unimaginable!

Insufficient production capacity is John's best excuse, leaving the other party speechless. Now that the other party has solved the high-end production problem, the mid-to-low-end products still need time. But time is the most fatal factor for these companies. By the time they get the products, their market share will have shrunk considerably.

At this moment, Jimmy finally understood why John had invested so much money in the research and development of LCD screens in Taiwan, and why he had made such a huge investment in China. It was all for this day.

What good is understanding? Everything has already happened, and John's plan is flawless. It's just that Jimmy only sees the pressure from Europe, after all, the Europeans have a considerable market share. But he doesn't know that John's real target isn't the Europeans, but Japan, or more precisely, he's preparing for the acquisition of Nissan!
"John, are you sure you can withstand the pressure from those guys? This is no small matter!"

"Jimmy, don't worry, Old Man will protect me from everything. And once Donald comes to power, even if they want to interfere, it won't work. If they really dare to be my enemy, I don't mind fighting them. I believe that as long as they're not stupid, they'll help me withstand the pressure from the Europeans. For me, a year is enough!"

A year, though not a long time, is a disaster for car companies. Even if they manage to acquire some products during this period, their market share will be severely impacted. Of course, they could promise to reinstall the products on the cars they sell, but when that will happen is unknown! However, such promises are generally not kept, as the consequences of breaking a promise are severe, damaging brand value!
"John, your low-to-mid-range products are manufactured in China. Have you considered how much this will affect China? Don't you have any plans to export your factories here as well?" At this moment, Jimmy thought of an even more important question: John also has manufacturing plants in China, so he is also prepared to export them!
“Do you think I wouldn’t have thought of this? It’s too early to talk about all this now. We should wait until we have a better understanding of the situation in the US before making any decisions. Besides, I’m more focused on exports to Southeast Asia than to the US. Of course, if there’s demand, it’s not impossible!” John didn’t make any definitive statements, knowing that China still values ​​foreign exchange very much.

Of course, John wouldn't refuse to make money, and even if he didn't do it, someone would come to talk to him about it. As for John not being prepared in China, that's impossible. After all, John's investments in China are all the latest products, so entering any market is not a problem!

Before everyone could recover from the shock of personal computers, a global satellite navigation company held a press conference to announce its research and development achievements, and Bentley Motors also made a new announcement, even making a commitment to modify the cars they had previously sold.

The storm quickly erupted, leaving the Europeans stunned once again. Their demands had been met; global satellite navigation companies could now provide them with high-end products, but they lacked the capacity for the low-to-mid-range market. American car companies, while also affected, weren't significantly impacted; at least they received commitments. But the Europeans and Japan received nothing, which worried them. Oh, and South Korea was also excluded!
John's original target was Daewoo, but given the current situation, he might have a better option: Kia. Bentley had already completed its car acquisition in South Korea, and now he could take it a step further. Even if South Korea didn't compromise, it wouldn't matter; at least their overseas exports would be hindered. They had invested so much in building the factory, only to see their market share shrink. John believed those guys would make the right choice.

After his conversation with John, Jimmy had no desire to stay in China any longer. Although he was eager to know the extent of John's investment in China, John's latest move made him uneasy. He felt compelled to return to the US to report to his superiors, otherwise, things could get very serious, and he would have to take the blame himself! This news caused a huge stir. The press conference impacted not only the semiconductor chip market but also the automotive market. The Koreans were alarmed. Previously, they hadn't paid much attention to the existence of global satellite navigation companies, but now things were different. Japan was also alarmed. Previously, only high-end brands were affected, but now that the high-end brand issue was resolved, mid-to-low-end brands were facing problems. How could this not make them anxious?

As for the Europeans, things were in complete chaos. They had already been affected by the previous pound crisis, and now with this major event, their situation this year was predictable. However, they all knew that there was no use saying anything now. If the mid-market was impacted, the consequences would be unimaginable. They were eager to solve all these problems!
Old Bush was under immense pressure. The Europeans were relentlessly demanding explanations and solutions, but he suppressed them all. After all, he couldn't even satisfy the Americans, so how could he possibly satisfy the Europeans? Moreover, Old Bush had also taken on pressure from major American car companies. This time, no matter what, he was determined to withstand the pressure from the Europeans.

With Jimmy's return, GM quickly resolved its issues, but Ford and other American automakers were also struggling, unable to secure the quantities they needed, which naturally put pressure on Jimmy!

The automakers that have built factories in the US are under immense pressure, especially those who are extremely anxious. If the problem isn't resolved, their North American plans will fail. Of course, this is just the trouble for automakers; other transportation companies are also facing this major issue.

Initially, some people thought the presence or absence of a GPS navigator wasn't important. However, with the rapid growth of John's transportation company, they realized the difference in quality. Therefore, they began requiring GPS navigators in all truck sales, as transportation companies needed to monitor vehicle movements in real time and make necessary arrangements. The same applied to taxi companies; everyone wanted to know their vehicles' locations to protect their own interests. Previously, due to capacity constraints, they couldn't do anything about it, but now that they saw hope, they naturally wanted to make changes and get everything they desired.

At this time, the global satellite navigation company was also under great pressure. The guys on Wall Street wanted it to go public, but unfortunately, Jimmy's answer disappointed them greatly. It would take a year to prepare. This was not Morgan's problem, but John's decision. Their idea of ​​taking advantage of the situation was destined to fail.

Today, the valuation of this global satellite navigation company has been rising again and again. After all, it is the only company in the entire market. Many people have wanted to get help from Hughes and participate in this game, but they have all been rejected. Under such circumstances, everyone naturally understands how amazing the value of this company is!
Technology changes the times, technology creates wealth. At this moment, many people were once again amazed by John's vision. From semiconductor chips to automobiles, everyone saw John's capabilities. Oil Capital was also gritting their teeth, but they couldn't do anything about John, after all, their previous transactions with him had resulted in huge losses.

There are already quite a few voices within Oil Capital. Although it hasn't reached the point of splitting up yet, mutual trust has been compromised. In their confrontation with John, they were both the losers and the ones who suffered losses, which is unacceptable to many, especially those who lost their businesses, who are even more dissatisfied.

Although many people wanted to change all of this, after careful consideration, they found that there was nothing they could do with John. Their most proficient financial skills were no match for John. Despite their great success during the pound crisis, John gained even more. As for manufacturing and high-tech fields, they could have even less influence. At most, they could only make moves in the media, but the US media had changed so much that they dared not act rashly.
(End of this chapter)