Only by partnering with local capital can we gain acceptance from local investors. At the same time, we can use the influence of local capital to make the expansion of the automotive company faster.
After all, the Royal Mercedes Company will hold a significant portion of the shares in the branches, and the profits earned by these subsidiaries are also shared with the parent company.
The profits for the parent company are equivalent to profits for Carlo, although half or more of the subsidiary's earnings might be taken by the local nobility. However, considering the benefits that such cooperation brings to the subsidiary, the lost profits are almost compensated.
When Benz stated that there were no plans to sell automotive technology for the time being, the person who asked the question visibly showed disappointment.
