In fact, of course it is possible. Geely acquired Volvo’s equity in full, including fixed assets, intangible assets, and patented technologies. Geely currently spent 1.8 billion U.S. dollars on the full acquisition, but Ford The acquisition of Volvo cost billions of dollars, and the deal was worth it. In fact, the key is not the market value, but the brand enhancement value Volvo brings to Geely, both for Geely and Volvo's future development. There are benefits.
In fact, to put it simply, the Volvo Group is involved in many fields such as automobiles, weapons, aerospace and so on. Geely only acquired 100% of the shares of Volvo Cars. The premise of the acquisition is that Volvo’s identity cannot be changed due to the acquisition. Research and sales model. However, in terms of science and technology, there is still a lot of down-to-earth work to be done. The improvement of product performance and quality requires the digestion and hard work of successful experience, and even progress and development; it can also be said that Geely It is the beginning of a long road ahead and a new starting point. Geely still has a very good reputation among domestic car brands.
In fact, taking a long-term view, the reason why Geely acquired Volvo depends on its gains and losses. Let’s look at the losses first. Geely lost more than one billion US dollars and a little debt. That’s all. That's all, when he got a lot more, Geely got Volvo's advanced car-making technology, a car brand with a long history, Volvo's advanced business operation and management experience, and thousands of Volvo's technology patents, and more. To put it bluntly, these are things that Geely cannot buy with money. Geely only spent 1.8 billion to get them. It can be said that as long as Geely uses it properly, Geely will make a lot of money this time. Looking at it in the next few years It is said that Geely has taken this step very well.
But then again, although Geely actually acquired Volvo, it still belongs to others. Geely can only use the technologies jointly developed by the two companies after the acquisition. Geely cannot use Volvo's previous technologies. Because Volvo is Swedish. Think about it, if Geely is acquired by Japan, will China let Japanese companies use Geely's technology at will? Moreover, before Volvo was acquired by Geely, it was also acquired by other companies. Many technologies were jointly developed with Ford, so there are many things in it that we ordinary people don’t know. Nowadays, domestic brands are getting better and better. , I hope I can trust more domestic brands in the future.