She typed furiously on her keyboard. Her gaze remained riveted upon the screen but her eyes were filled to the brim with tears. She had put in a lot of effort into the development of these cars. When she first heard from the press conference that these cars were entering the international market, she was over the moon. Now that she was forced to recall them, it was no wonder that she was filled with anguish. Besides, the news came out of a sudden, ruining everything.
Only a few minutes had passed but it felt like an eternity before she sent out the email to the company's branches all over the world. It was a simple email written concisely but it marked the end of the Richards Group.
In less than an hour, the world had received the news that the Richards Group was doomed.
All the cars were recalled from the market within a few hours. The market was forced to look for other sources. Hence, companies such as the Whalen Group, as well as other smaller companies gained the opportunity to benefit from the incident.
What immense profit!
This was how the market worked. If one failed to satisfy its needs, others would eventually fill in the gap in the market.
In the end, the company that benefited the most was Jones Group.
It was as if they had expected that this would occur. The Jones Group had produced lots of cars that year. Although the quality and the appearance were no match for the cars produced by Richards Group, it met the requirements of the market. Besides, the market needed a new manufacturer currently.
What's more, they were able to set high prices. Hence, the profit gained was remarkable!
As a result, the Jones Group, which had merged with the Sky Sword Group, managed to become part of the list of top- performing companies worldwide. The market guessed that Richards Group was in great trouble, upon receiving news that they were recalling all their cars. It was highly likely that they had met their doom. Hence, many clients turned to new companies after receiving their compensation.
A powerful company such as Richards Group was ruined completely overnight, especially in the car industry.
Many of the small companies under Richards
Group, which were in the car industry were falling apart as well.
However, this was not the end. Many small companies seized the opportunity to snatch away the company's shares and properties. As a result, Hansen, who was used to being in the limelight, was on the brink of collapse.
To make matters worse, he was too proud to accept the failure as well as the blackmail. It was not because he was incapable, nor was it due to a spontaneous disaster. Someone was trying to destroy the company. It was a scheme! Rage overcame Hansen but he was forced to suppress his anger.
This was the first time in his life that he had suffered such a fatal blow. It was a huge dent to his career.
He spun around to face Sergio. His gaze was ice-cold. The veins in his neck popped out in livid ridges.
Sergio looked at him, with a wry smile twisting his lips. In fact, he was on cloud nine.
"I'm sorry, Mr. Richards. I'm sorry to disappoint you, but there's nothing I can do. I can only obey orders from my superiors. Isn't that right?" His smile was smug.
At the moment, Hansen felt that it was a scheme set up by Sergio to ruin his company so that he could revel in his distress. This man was truly detestable.
Was it because he didn't support his father? Or did he think that he was supporting Luqman?
As a matter of fact, he didn't want to offend any of them.
"Mr. Xanthe, you know that we have always followed our principles and we regard integrity as something of high importance. Do you really think we will commit something as foolish as this? Think carefully." He sneered.
The corners of Sergio's mouth twitched, and he smiled wryly. "Mr Richards, it doesn't matter what I think. Evidence is everything. Nobody can say anything for the time being, which is why we need to investigate the matter. Let's wait till the investigation is sorted."
Hansen was simmering with anger and shot daggers at him.
Sergio, what a scoundrel. He would take note of what he said on this day and get his revenge in the future. Hansen thought angrily.
On the contrary, Sergio was thrilled. The pleasurable smile never left his face. Seeing Hanse in a bad mood pleased him.
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