"Mr. Chen."
Recently, Liu Xiaoyue, who has been in charge of Yiyang Automobile, found Chen Yiyang in his office.
"Have a seat."
Chen Yiyang knew this old subordinate came to see him; presumably, Yiyang Automobile was encountering some troubles recently.
The reality was pretty much as Chen Yiyang expected.
Liu Xiaoyue came mainly to report the issues Yiyang Automobile is currently facing to Chen Yiyang.
Yiyang Automobile initially focused on cost-effectiveness.
By reasonably controlling costs, Yiyang Automobile primarily relies on profits from overseas markets to subsidize the domestic market.
This benefited Yiyang Automobile as it built factories, saving a lot on tariffs compared to peers.
But now, this model is becoming untenable.
Because major car companies have also successively established and started running factories overseas.
Yiyang Automobile has faced significant challenges in the overseas market.
