But in the era of the financial crisis more than a decade ago, even if they sold everything, they couldn't gather such an amount. The negotiations with the Huali Group had hit a stalemate, and delaying further with the global economic recovery, there was a good chance that a change may occur if they waited too long!
However, Chen Xiangbei had the advantage of a historical and god-like perspective. He knew there was a company even more eager than Huali Group in the Volvo acquisition case, and that was the seller, Ford Group, desperate to shed its burden due to huge losses.
For Ford Group, the Volvo brand was not exactly a premium asset in this era. Sales had been continuously declining, and its value had dropped more than 70% compared to the $6 billion acquisition years ago.
