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May L
China Observer
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Comments by "May L" (@MeiinUK) on "NIO, China’s EV Giant, Nears Bankruptcy With an $2 Billion 8-Year Loss; 400+ Automakers Ousted" video.
Those existing car companies in Brazil need to do a deal..."if you exchange, then you can get a new deal"... and take those cars in and scrap it down to components for their own internal use etc. So....
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Anyway, they know this. I don't get why they don't apply it to themselves. Cos the clothing sector was like this. Hence they have actual courts, that deals with trademarks. So.... Maybe because it is car manufacturing. They do not use the courts to stop one another from going too fast, too soon? It is what the courts are there for... so... You don't need to use an IPO situation to say "no"... Any of these companies could use the courts, to fight one another, and to keep their rightful place in the market. As well as to directly keep the market itself.. to slow it down... If they reduced it from 496 down to around 6... Under a mere 10 years.. Then... well... It is probably too late for those comments to go online.. Should've done it when it went down to around 200 companies. It is too late now... It is what those economic media are supposed to do as well ?... And they also did not step in either... So.... What a mess !
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Sigh. This is too fast.... People used to take around 40 years to perfect... so China has reached its goals under like 3 years? So.... Shouldn't they decide to restructure those companies now? Break them up. Break it all apart. Have your consolidators... and break it into smaller component companies. Then swipe... ALL of the older cars and recycle them. Stay green. Restructure those debts. And split it back up. And keep those frames, and melt them down into raw chunks of metals. They seems to be doing too much too soon. Cos the thing with china is that, they can do anything, cos the manpowers are there? So.... Nothing wrong with actually Breaking down everything and then file those solid metal pieces. Or to even bring in oversea's metals to be melted as well ? So.... And to reduce the sizes of those depts... And not have it that big like 800 people. Make it 40 people? SLOOOOOOW it dooooooooown..... Sloooooow it dooooown. And then, you might have some people do pieces of researches with universities ? And then file those patents. Ready to be used in another 10 years? So... Produce too fast. Too soon. Just make around 10,000 people. Make little.. and give room for resales. So...
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They went into bankrupcty.. and then the local government injected more money. Didn't you listen to the video ?... Basically, they over-estimated.. and juggled too many things, all at once? Maybe for a large market like China.. They need around 10-20% of "continuous analysts" to keep checkings on all of their actual market, and the surrounding conditions before they sell. Cos the reason why originally china rose, was because they had all of these consultants that kept an eye on the markets... so.. but now, those are all gone ?... So...
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They weren't made for Germany's market anyway. So this is why.. if they split it back into different sizes factories. Even if they cannot sell complete cars. They could sell components. And then retain the Germany's market as well.. and create a newer deal this way ? So... I think they tried to go too fast. I mean, especially since, technically speaking, the entire world is entering into a recession? Cos the global media is now all used for so called "fin techs". There IS no media that is trust worthy any more? So people are kind of running in the blind race... This could explain why they don't and cannot trust any figures. Cos everyone else is filtering out everybody else.
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@Nookdashiddole : Now.. imagiine this.. if they admitted that they did steal it... and then paid the fine.. And then let those owners own the IPs... Then management COULD have a card up their own hands too. And say... "but we do not have the IP owners to create more than 1000 cars for this next year"... That could've been an excuse.. Sure.. the earnings may not be as high. But it would give them an actual adjustments... and rebuild back up as well.. And then find a new way to earn their sales as well. i.e. Rental... introduce a rental service.. for bad cars.. and use those to be refurbished and renew cars.. Or to provide car loans.... etc etc. Ant Group could've helped there... if they were smart.. And then each time these cars are bad. They can find the fault errors.. send it out.. bring it back.. send it out.. bring it back... etc etc etc.... So.... And then have a R&D to buy time.. And patent new ones, and HOLD them as value.... So...
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