Chapter 583 Disaster in the Automotive Industry
Global Economy Magazine: This year's list of the world's top 500 companies has just been released. Some are happy and some are sad. But this time, the editor has to use a sentence as the introduction of this report.
This sentence comes from the ancient Chinese saying "No one before and no one after"!
This sentence is for the Star Foundation!
Because this year, the turnover of the Star Foundation has reached the unprecedented 3 trillion US dollars! 3 trillion, or US dollars, do you know what this means?
Because this year the US Treasury revenue is only 4 trillion US dollars!
Of course, their 4 trillion US dollars is a safe income pocket. In other words, it is pure profit.
Although Qin Hailang's Star Foundation has a turnover of 3 trillion US dollars, it is only a turnover, not all income pockets. Excluding costs, the profit is only 800 billion US dollars.
There is still a big gap between 800 billion US dollars and 4 trillion US dollars.
However, this 3 trillion US dollars turnover is indeed unprecedented, as for whether there are successors. I dare not say yet. Of course, the media's boasting is definitely a boast that will never be surpassed.
This editor continued to report: In addition to the 3 trillion turnover, there is also a terrifying profit of 800 trillion US dollars. This profit margin is simply the world's first!
Today, the Star Group has become the world's largest enterprise. Its parent company, the Star Foundation, also has the capital to establish its own consortium.
Please wait and see!
Similar reports are flying all over the world. There are also many media digging up the old bottom. That is to say, in just 4 years, the Star Foundation has achieved this point, which is simply shocking.
There are also things about steel armor and various black technology technologies.
Anyway, these speculations are constantly and very eye-catching.
But in addition to the above reports, there are many other interesting reports.
For example, this year many of the original Fortune 500 companies fell out of the Fortune 500, and they are still in the same industry!
The most common industry is the automotive industry!
Global Automotive Magazine: Quoting an old Chinese saying: Alas! Seven or eight automobile companies fell out of the Fortune 500. The culprit is Xingchen Group!
Three years ago, Toyota Motor Corporation ranked fifth among the Fortune 500. Fuck! A year ago, it dropped from the top ten to more than 200. This year, it has dropped out of the top 500, ranking only a pitiful 504. It is only 4 places away from the list. So this year, Toyota has missed the Fortune 500 for the first time in more than 20 years! It's really a pity!
In addition to Toyota, Volkswagen is also very tragic. Three years ago, Volkswagen ranked sixth among the Fortune 500, which can be said to be close to Toyota, but a year ago, it dropped to more than 300. This year, it directly dropped to more than 600! It's really another pity!
In addition to Toyota and Volkswagen, there is also the old auto overlord General Motors, which ranked 18th in the Fortune 500 three years ago, but a year ago it dropped to more than 400. Now it has dropped directly to 700, which is really a pity!
In addition to the above, there are more than a dozen auto giants such as Ford, Honda, Nissan, Chevron, BMW, Audi, Hyundai, Peugeot, Renault, etc., all of which have fallen out of the Fortune 500! Toyota, Volkswagen and General Motors are relatively good. After all, they are the strongest. For example, some of the above auto companies have fallen out of more than 1,000.
That's right, all auto companies experienced a significant decline last year, and this year they all fell out of the Fortune 500.
The reason they fell out of the Fortune 500 is that their car sales are getting worse year by year. The turnover is lower year by year. This year has reached a terrifying level.
Because now we have entered the era of electric cars in advance.
Most people who buy cars now prefer to buy Galaxy electric cars!
In other words, because Star Car is too good, it directly leads the auto industry into a new era of cars - the era of new energy cars.
That's it, so Star Car Company ended the era of fuel cars!
This has caused the curtain to fall on these old fuel car companies. They have fallen out of the Fortune 500 one after another!
Although they are not yet bankrupt, although they still have a small number of cars to sell.
Although there are still many places in the world that need fuel cars.
But their situation is over.
At present, fuel car companies are basically intensively developing new energy vehicles in order to catch up with the pace of Xingchen Automobile Company, otherwise they will be eliminated by history.
Just like the steam locomotive a hundred years ago!
When this report came out, it really shocked the world!
It was so shocking.
A car company actually defeated all the fuel car companies. It was really ironic, really impressive, and really invincible.
Now, Xingchen Automobile Company has truly won the title recognized by everyone - the public enemy of automobiles!
"Tsk tsk tsk... It's amazing! Xingchen Automobile Company is so amazing. It really makes us Chinese people proud!"
"Boss Qin is awesome."
"Boss Qin is awesome."
"Haha, this time our Chinese automobile industry is definitely the best."
Even Qin Hailang was very happy when he saw these reports about the automobile industry.
"I didn't expect that all the global auto companies would be defeated so quickly. Hahaha..." Qin Hailang laughed.
"Well, but now many auto companies have not closed down. They just fell out of the Fortune 500. It seems that I have to work harder to bankrupt them all. Hehe, these are all experience points!" Qin Hailang laughed.
…………
Some are happy and some are worried.
Now the car companies are worried.
Toyota.
"Mr. Chairman, it is my fault that our company fell out of the Fortune 500 this time." The president reviewed the board of directors.
"Okay, you have worked hard, and I have seen it all. It's a pity, it's a pity that Qin Hailang is too powerful. The Star Foundation behind him is even more powerful! They have unparalleled technology." The chairman sighed.
Ever since Iron Man appeared, and since he saw that all the major forces were severely punished by Qin Haibin, he clearly knew that the Star Foundation had technology that they could not imagine!
Maybe it was alien technology. I really couldn't believe it before.
But now that we have seen the growth of the Star Foundation, we can indeed make a bold guess.
But what's the use?
The technology is awesome!
