Rebirth of the Financial Crisis Sweeping the World - Chapter 424 424 wins the global auto giant! Shocked the world!

  Chapter 424 424 Takes down the global auto giant! Shocked the world!

  Wang Guanxi did not expect Bill Ford’s mouth to be so hard.

  It's so miserable, and talk about family glory!

So Wang Guanxi said: "Mr. Bill Ford, now the Ford Motor Company and the Ford Family Foundation are facing collapse. Even if you have a firm control of the Ford Motor Company, if your Ford Family Foundation is finished, then you still What glory to talk about"

  This Bill Ford lost so much money on the Dow Jones Index, is still in debt, and wants to keep the control of Ford Motor Company. It is simply stubborn.

  Also expect the Dow Jones Index to continue to rise?

  Then the Ford Family Foundation returns blood?

It’s naive. Thinking of this, Wang Guanxi continued: “Mr. Bill Ford, you don’t have to be so stubborn. You sell me control of Ford Motor Company. You are still the honorary chairman of Ford Motor Company. You Ford Members of the family can still serve as senior executives of Ford Motor Company"

Bill Ford smiled inwardly, and directly refused to say: "Mr. Wang, I can't sell the control of Ford Motor Company. This is the glory of the Ford family for a century. Even if it goes bankrupt, I will not sell control. !"

  He really wondered if Wang Guanxi could not acquire other auto companies?

  Focused on Ford Motor Company!

  This is the glory of the Ford family, and he will not sell it.

  Although Ford Motor Company is facing bankruptcy like General Motors and Chrysler Motors, he did his best to rescue Ford Motor Company.

  He believes that this crisis can be overcome. As for the loss of the Ford Family Foundation on the Dow Jones Index, he also believes that he can survive it.

  Thinking of this, he said: "Mr. Wang, the Dow Jones Index must have bottomed out, and it will be the bottom in the region of 7000 to 7100."

  The original Ford Family Foundation, Soros Quantum Fund, Feld Group, Messi Family Trust Fund, together blocked Wang Guanxi when the Dow Jones Index was at the 8400 position.

  Unexpectedly, the economic stimulus plan announced by the Ministry of Finance fell far short of expectations, and the Dow Jones Index plummeted by 500 points.

  And it's not over yet, now it plummets to the 7100 position.

  In the midway, he also added 100,000 lots, which lowered the average position, but the Dow Jones Index kept falling, and now it fell to the 7100 position.

  The Ford Family Foundation holds a long list of 200,000 hands in the Dow Jones Index, with an average position of 8100, a loss of US$2 billion on the book, and a lot of debt. It is horrible.

  But he believes that the Dow Jones Index will definitely not fall.

  After all, it has fallen so much, and it must have bottomed out. With the implementation of the economic stimulus plan, I believe that the economy will soon improve and the stock market will rise.

  Thinking of this, he continued: "Mr. Wang, the long lists of the Dow Jones Index I hold can change from floating losses to floating profits in less than a month. What am I worried about?"

Bill Ford’s tone was very confident and tough. Wang Guanxi was taken aback for a moment, and then he said: "Mr. Bill Ford, but you still think twice. You are too desperate. If you stop the loss now, it’s too late. Otherwise, Ford. It’s not good for the family foundation to go bankrupt"

  Bill Ford was very upset and he smiled: "Mr. Wang, you don't need to worry about it. I believe that the Dow Jones Index will definitely not fall. Maybe a week later, the Dow Jones Index will rise to the 8000 position."

Wang Guanxi smiled and said: "Bill, Mr. Ford, you are too optimistic. Now that the economic crisis is getting worse and the finances are still collapsing, you will definitely blow up your long list of Dow Jones Indexes. The Ford Family Foundation is insolvent, right? ?"

When Bill Ford heard that Wang Guanxi said that his account would explode, he was very angry. He took a deep breath and suppressed his anger and said, "Mr. Wang, you still worry about whether a Messi department store will go bankrupt, especially Don’t just because the Macy’s department store went bankrupt, and then drag Huntington Bank and Fifth Third Bank into the water, and then go bankrupt, that’s not good.”

Wang Guanxi smiled and said: "Mr. Bill Ford, Macy’s department store will not go bankrupt. My Huntington Bank and Fifth Third Bank have already provided Macy’s department store with a loan of $1.5 billion. This Macy’s department store is not going to go bankrupt. Will be bankrupt"

This time, the Ohio Department of Treasury bought the preferred shares of Huntington Bank and Fifth Third Bank for $3.5 billion, with a fixed dividend of 8% per year. In this way, Huntington Bank and Fifth Third Bank received $3.5 billion in funding to Messi. Department store loans of $1.5 billion are almost stress-free.

Moreover, the loan obtained by Macy’s department store still exists in Huntington Bank and Wusan Bank. As long as the cash flow of Macy’s department store does not continue to decrease and can be stabilized, then Huntington Bank and Wusan Bank will not lose 1.5 billion. Cash deposit in US dollars.

  It's safe, Wang Guanxi won't worry at all.

  Bill Ford asked: "Your two banks have received government relief funds?"

  Speaking of this, Bill Ford was a little envious. The Ohio Department of Treasury bought 3.5 billion U.S. dollars in preferred stock of Huntington Bank and Fifth Third Bank. It did not take away the management rights, and was just monitoring asset changes.

  Unlike Ford Motor Company, it needs huge funds. The Michigan Treasury Department does not have that much money to bail out Ford Motor Company.

  Furthermore, in Michigan, there are two major auto companies, General Motors, Chrysler Automobiles, and many auto ancillary companies, all in need of rescue. The Michigan Department of Finance does not have that much money at all.

  General Motors, Chrysler Automobiles have all gone to the U.S. government for help.

  However, in order not to lose control of Ford Motor Company, Bill Ford did not ask Ford Motor Company to seek help from the US Treasury. Instead, he issued debts and borrowed money in the financial market. Huge debts can crush everything.

At this time, Wang Guanxi nodded: "Yes, my two banks received 3.5 billion U.S. dollars in bailout funds, and the Ohio Department of Treasury bought 3.5 billion U.S. dollars in preferred stock. After obtaining the funds, I asked Huntington Bank to , Fifth Third Bank loaned Macy’s US$1.5 billion. You have to know that the cash flow of Macy’s department store is very large. After the Macy’s department store gets out of trouble in the future, it will bring a lot of cash deposits to the bank."

Bill Ford smiled: "The cash flow of Macy's department store is short-term, hehe, one month later, Macy's department store will have to pay salaries to employees, and Macy's department store will only continue to lose money, income Less than expenditure, vicious circle, unable to repay the loan, your two banks will have to be brought down"

Wang Guanxi smiled and said: "Mr. Bill Ford, I believe that Macy's income will be equal to or even more than expenditures soon, and the employees of Macy's will open Huntington Bank and Fifth Third Bank salary cards, and then When paying wages, just transfer it directly to the payroll card. Isn't this cash deposit still in Huntington Bank and Fifth Third Bank?"

  Bill Ford heard it and smiled: "You still pray that the Macy's department store will not go bankrupt. Then it will go bankrupt, not only the Macy's department store, but also Huntington Bank and Fifth Third Bank!"

  Wang Guanxi smiled and said: "Mr. Bill Ford, my Macy’s, Huntington Bank, and Fifth Third Bank will all get better and better. You still think about Ford Motor Company and the Ford Family Foundation.

  Bill Ford said: "You don't need to worry about this, I won't sell Ford Motor Company stock."

  Wang Guanxi smiled and said: "It's still the same sentence, 5 times the market price, you can call me anytime you figure it out."

  Bill Ford said, "Mr. Wang, I don’t think it’s possible to make this phone call in this life."

   "Really? That's OK, let's wait and see" Wang Guanxi smiled and said: "Let’s see if the Dow Jones Index will fall below the 7000 position."

   "Haha, wait and see, I don't believe it can fall below the 7000 position!" Bill Ford said indifferently.

  After finishing the call, Bill Ford shook his head.

  Although he is under great pressure now, he firmly believes that the Dow Jones Index has bottomed out.

  Of course, if it drops another 110 points, the Ford Family Foundation will have to liquidate its position.

  If the position is liquidated, the Ford Family Foundation will be insolvent!

  Thinking of this, Bill Ford shuddered.

The outbreak of the financial crisis caused a serious shrinkage of financial stock assets held by the Ford Family Foundation. The share prices of many listed companies have fallen by more than 90%, such as American International Group, Citibank, Bank of America, and Fannie Mae. Freddie.

  Because the assets of the Ford Family Foundation suffered extremely serious losses, Bill Ford planned to do Dow Jones Index futures, but he did not expect to be trapped by 50,000 hands.

  Then he went with Soros, Feld, Milos Messi and others to buy the Dow Jones index again to block Wang Guanxi’s black shirt investment bank.

  At that time, the Dow Jones Index rushed to the 8450 position and almost won.

  Unexpectedly, the economic stimulus plan issued by the Ministry of Finance fell short of market expectations. The Dow Jones Index plummeted, and then he continued to increase his position by 100,000 hands.

  As a result, the Dow Jones Index continued to plummet.

  Hold a long list of 200,000 Dow Jones Indexes, all of which were trapped.

  Now he feels deeply powerless.

   "I hope that this time Ford Motor Company and Ford Family Foundation can get through safely"

  At this time his sister Laura Ford came over and said, “Brother, now it’s not just the Ford Motor Company’s problem, the Ford Family Foundation will be over!”

“Fifth Third Bank asked our family foundation to immediately repay the US$500 million loan. The credit managers of Citibank, Wells Fargo, and Bank of America said that you couldn’t get through the phone, and you reached my mobile phone. Some Ford Motor Company suppliers also Email is coming"

  People at Macy’s department store also put pressure on her this time and asked her to persuade her brother Bill Ford to sell control of Ford Motor Company.

   Otherwise, Macy’s may consider finding new suppliers in Michigan.

  Although she is now a member of the Ford family, the inheritance of the Ford family’s wealth is through the family foundation, and the family foundation’s voice is in the hands of her brother Bill Ford.

  The Ford Family Foundation only holds a 3.3% stake in Ford Motor Company, and it receives very little dividends every year, but family members hold important positions and get salaries.

  But Ford Motor Company is going bankrupt. The stock price has fallen so badly. Others bought control of Ford Motor Company at 5 times the market price. She really hopes that her brother can sell 40% of Ford Motor Company's control right!

   "Brother, let's just sell 40% of the control of Ford Motor Company. In this way, the Ford Family Foundation will not be insolvent!"

  Bill Ford refused: "It is impossible to sell the control of Ford Motor Company. That is the glory of our family. I will not sell it to anyone."

  Now he is very irritable inside, especially when this sister always sells him the control of Ford Motor Company, which annoys him the most.

  That is the honor of the Ford family, it is impossible to sell!

  Laura Ford said: “But Ford Motor Company is going bankrupt now, and the stock price has fallen like this. If you sell it earlier, you can also cash in a lot of cash to save the Ford Family Foundation.”

  Bill Ford said firmly: "I will not sell it. This is my bottom line. I will never sell the control of Ford Motor Company until I pass away!"

  Laura Ford sighed when Bill Ford was so persistent, she didn't know what to say.

  She thought for a while and said, "Brother, the family foundation is the most important now. The Ford Family Foundation needs money now. How do you get the money?"

   "So many creditors have come to collect debts, is our Ford Family Foundation insolvent?"

  Bill Ford said: "It is temporarily insolvent. When the Dow Jones Index soars, it won’t happen."

  Laura Ford sighed; "Look at you, you have made the Ford Family Foundation insolvent. How did you invest?"

  Bill Ford said: “I don’t know there will be a financial crisis. Now the stock prices of Citibank, American International Group, and Bank of America have fallen so badly, I can’t help it.”

  The Ford Family Foundation has long held shares of Citibank, American International Group, and Bank of America, but these stocks have shrunk by more than 90% due to the plunge in stock prices. He is also helpless.

Laura Ford said: "Brother, you still sell 40% of the control of Ford Motor Company. They will give you 5 times the price. What do you want? Wait for Ford Motor Company to go bankrupt, and then get a point. Can't you get the money?"

  Bill Ford said firmly: "Ford Motor Company will not go bankrupt, I said, it will not go bankrupt!"

Laura Ford: "Are you crazy? Now that the economic crisis is so serious, General Motors and Chrysler Motors are going bankrupt, I think Ford Motor Company will also go bankrupt, you should sell the control of Ford Motor Company. The market price is 5 times, it's worth it!"

   Bill Ford said angrily: "I said, I will not sell the control of Ford Motor Company. It is really a century-old honor of the Ford family. I will not sell it to anyone!"

  He did not expect that this sister would want to sell control of Ford Motor Company so much!

   is simply annoying him.

  The centuries-old glory of this family, do you care so much?

  It’s no wonder that his sister Laura Ford has never held a position in Ford Motor Company. Instead, she opened a food company and became a supplier to Macy’s.

  Now that the Macy’s department store has been acquired by Wang Guanxi, perhaps his sister was sold by Wang Guanxi’s people, and then put pressure on himself.

   So Bill Ford asked: “Did you persuade me to sell the control of Ford Motor Company to Wang Guanxi because of the pressure of Macy’s?”

   "I know your company is a supplier of Macy's, are you so selfish?"

  After speaking, Bill Ford stared closely at his sister.

Laura Ford suddenly denied: "It is not for this reason, but I think we should not continue to run for the Ford Motor Company and borrow money. Now Ford Motor Company is on the verge of bankruptcy, and the economic crisis is so serious. Can you survive this year?"

  "Now sell the stock at 5 times the market price, and still get a lot of money. Now the Ford Family Foundation has lost so much money and is being collected by debts. What family honor are you talking about?"

   "Take your honor to destroy the Ford family?"

   "Then your so-called honor is just your own personal interest!"

  "Does the honor of the Ford family depend on a car company? It depends on the people, not the company!"

  "You are in charge of Ford Motor Company and have suffered huge losses for three consecutive years. What face do you have to talk about honor?"

  Bill Ford took a few angry breaths, Laura Ford's words pierced his heart, making him feel ashamed and humiliated, and his self-esteem was stimulated.

   "I won't sell the control of Ford Motor Company. You should die too."

  Laura Ford also said angrily: "You are really hopeless!"

  She left after speaking.

  Bill Ford sat down on the stool in despair, and scenes of himself at Ford Motor Company appeared in his head, and Laura Ford’s words echoed in his ears from time to time, stimulating his self-esteem.

  He is not reconciled!

  At this time, the phone rang again. It was someone from Bank of America. He didn't answer it, and just returned a message.

  At this moment, Huntington Bank, in the trading room.

  Stephen Steno asked: "Boss, did Bill Ford still not agree?"

  Wang Guanxi nodded: “Bill Ford didn’t agree. He still talked to me about family honors. What a stubborn guy.”

  Alan Fishman said: "This Bill Ford is really the kind of person who doesn't see the coffin and doesn't cry!"

  Wang Guanxi thought for a while and said: "He has a long list of Dow Jones Indexes. Tomorrow I will drop the Dow Jones Index and let Bill Ford liquidate his position!"

   But now whether the Dow Jones Index will continue to fall, Wang Guanxi is not sure, after all, it has fallen so much, and it is not easy to be short now.

  At this time, his phone rang. It was from Milos Messi. After the call was connected, Wang Guanxi asked curiously: "Mr. Milos Messi, did you call?"

  Messi on the phone: "Mr. Wang, I heard that you plan to acquire Ford Motor Company?"

  Wang Guanxi nodded: "Yes, what advice do you have?"

  Milus Messi said: "I'll give you an information about Bill Ford...you can blow him up and take the Ford Motor Company."

  Wang Guanxi smiled in his heart. He would not believe Milos Messi, so he said: "I am not interested in the information you mentioned."

"Well, you don't know how to promote it, forget it, when I didn't say it." Then Milos Messi angrily ended the call, resenting Wang Guanxi in his heart, and sneered: "Wang Guanxi, tomorrow You go short and want to blow up Bill Ford's position. You are looking for death! I thought you would be fooled, but I didn't expect you to believe me!"

  Because he knows that Wang Guanxi wants to acquire Ford Motor Company, he will inevitably blow up Bill Ford on the Dow Jones Index!

  He has discussed with Soros, Feld, and the managers of several hedge funds, ready to pit Wang Guanxi.

  But Wang Guanxi was not fooled.

  He murmured: "I'll do it alone. I only have 100 million US dollars now. I play with the capital and do a lot of money!"

   "It's this time to turn over"

"Wang Guanxi, you took control of Fifth Third Bank and Macy's Department Store. I won't give up so easily. Sooner or later I have to get it back. And my two idiot brothers. Sooner or later, I will make you regret it. !"

  "Go ahead and vote this time!"

  Just do it, he immediately called someone at Morgan Bank.

  ·

  In the trading room, Wang Guanxi said to everyone: “Sell the Dow Jones Index tomorrow and we will close the position immediately after Bill Ford’s liquidation!”

  This time, Wang Guanxi still intends to take the risk to go short, after exposing Bill Ford's position, and then quickly closing the position!

   Wu Zhanhai: "BOSS, how many ten thousand hands will we short this time?"

  Wu Hongsheng: "Now the Dow Jones Index has fallen very low. If we go short again, it will be easy to be trapped"

  Li Guangyu also said: "This time we have to fast in and fast out."

  Wang Guanxi nodded: "Well said, fast in and out, just blow Bill Ford out!"

  Lu Jianyan: "BOSS, that Milus Messi called you, is there any conspiracy?"

  Guan Zhenyi asked: "BOSS, will Milus Messi call Soros, Feld and others to stop us?"

  Wang Guanxi thought about it, and said, "It is indeed possible!"

  Lin Jiyang asked: "Then we still short the Dow Jones Index?"

  Wang Guanxi thought for a while and said, "I see the opportunity tomorrow!"

  The next day, February 24, Tuesday.

  Before the opening of the financial market, Wang Guanxi shouted: "After half an hour, short the Dow Jones index for me, 200,000 hands, smash the Dow Jones index down, and make Bill Ford liquidate!"

  "Yes, BOSS" Wu Zhanhai and others are ready to try.

  But as soon as the financial market opened, the Dow Jones Index began to plummet!

   quickly fell below the 7000 position, and then began to accelerate the plunge!

   fell all the way to the 6800 position!

  The Ford Family Foundation has gone out of stock, and Bill Ford's face is pale!

  At this moment, Huntington Bank, Wang Guanxi and others are also full of astonishment. This thing does not follow his script at all. What happened?

  This Bill Ford must be out of stock!

  Wang Guanxi said: "Don’t go short, if you fall to the 6700 position, you will give me 200,000 bids!"

  "Yes, BOSS" everyone looked forward to the Dow Jones index chart.

  Half an hour later, the Dow Jones Index gained a firm position at 6,800 and did not continue to fall.

  At this time, Wang Guanxi's phone rang and opened it to see that it was Bill Ford.

  Wang Guanxi asked, "Mr. Bill Ford, what's the matter?"

  Bill Ford asked: "Mr. Wang, you said before that the acquisition of control of Ford Motor Company at 5 times the market price, is it still a big deal?"

  This morning, he broke his position, and he was so terrible!

  A total loss of 2.2 billion U.S. dollars!

  The Ford Family Foundation is completely insolvent.

  Now it is necessary to sell control of Ford Motor Company.

  Wang Guanxi smiled and said: "No problem, 5 times the market price!"

  Currently, Ford Motor Company’s stock price is US$1.5 per share, with a share capital of 4 billion shares and a market value of US$6 billion.

  The Ford Family Foundation holds 3.3% of the shares, Class B shares, has super voting rights, and controls 40% of the right to speak.

  The market price of this 3.3% share is 198 million U.S. dollars. Five times the market price is nearly 1 billion U.S. dollars.

   "Mr. Bill Ford, it is 1 billion US dollars, which is a huge sum of money. I hope you can pay back the 500 million US dollars loan from Fifth Third Bank."

  Bill Ford sighed inwardly: "Okay, let's make a deal!"

   Then Bill Ford, his daughter Ford Ingrid, and sister Laura Ford came to Columbus on a private jet owned by Ford Enterprise Chase!

  Several executives of Ford Motor Company, including the current CEO Alan Mulally, are also popular.

  Wang Guanxi sent a special team to welcome them.

  In the car, Bill Ford was pale, his eyes gloomy, and his expression haggard. He looked at the scenery outside the car window, silent, and his eyes dull.

  This morning, his account went bankrupt, and he lost 2.2 billion U.S. dollars in anger. The Ford Family Foundation was insolvent, debt-laden, and finished.

The stocks of other companies invested by    also fell horribly.

  Fifth Third Bank’s US$500 million debt collection has crushed Bill Ford.

  Not to mention that other banks are collecting debts.

  To prevent the Ford Family Foundation from being liquidated, the only one who sold the control of Ford Motor Company.

  But this is something he regards as a lifetime honor, and it is also a century-old honor for the Ford family.

  In this way, he was ruined in his hands. He was really remorseful, painful, extremely unwilling, sitting very straight and hard.

Ford Ingrid beside    asked concerned: "Father, are you okay?"

  Bill Ford shook his head and said nothing.

  Laura Ford on the side suddenly said: "Brother, after the control of Ford Motor Company is sold, it can get at least 900 million US dollars in funds, which can completely solve all the difficulties. You want to start."

Seeing that Bill Ford was silent, Laura Ford said: "Ford Motor Company has been in business for so many years, and it has suffered huge losses for three consecutive years. Our family members get their wages from it, and there is no dividend. It is better to run other companies to make money ,"

  She did not work for Ford Motor Company herself, but chose to start her own business.

  Although the Ford family owns the Ford Family Foundation, which is the place where the wealth of the Ford family is inherited, the investment of the family foundation is very flat, and the financial crisis has suffered heavy losses.

  The entire Ford family is on the verge of bankruptcy. What more control of Ford Motor Company is needed? ,

  How good is it to sell at 5 times the market price!

  Bill Ford sighed: "Selling Ford Motor Company this time, are you heartache at all because the family has lost its centuries-old honor?"

  Laura Ford: "The honor of the Ford family is people, not the company"

  Ford Ingrid looked at the two arguing and didn't know what to say for a while, just looked out the window, this time he was about to see Wang Guanxi again.

  The last time the two met, the Ford Family Foundation sold 10% of the shares of Holden House to Wang Guanxi.

  Now is the time to sell control of Ford Motor Company.

  She was a little reluctant in her heart, because she had made a decision before that she wanted to go for an internship at Ford Motor Company, but now Ford Motor Company is gone.

  Can't imagine Wang Guanxi, a peer of her age, really made her father agree to sell control of Ford Motor Company, and she had to convince her.

  Her father brought the Ford Family Foundation into the quagmire, and Wang Guanxi bought control of the Ford Motor Company at 5 times the price, which can help the Ford family get out of the predicament.

  Her thoughts are similar to those of her aunt, but she did not dare to mention the sale of control of Ford Motor Company in front of her father, Bill Ford, for fear of making her father unhappy.

Laura Ford beside    asked: "Ingrid, are you familiar with Wang Guanxi?"

  Ford Ingrid said: "It's still a friend. We talked for a long time last time. He invited me to be a guest at his manor for one night. I didn't agree."

  Laura Ford asked again: "Is he really about the same age as you?"

   "Well, yes, I am a year older than him." Ford Ingrid looked at the distant buildings with some expectation.

   "Oh, you have to become good friends with him" Laura Ford said with a smile; "This time he spent 5 times the market price to acquire control of Ford Motor Company, very generous."

Her own food company is a supplier of Macy’s in Michigan, and she can get a lot of benefits from it. Her brother Bill Ford will definitely not like Wang Guanxi in his heart, and the relationship will not be good, but this niece can be with Wang Guanxi. Get along well.

  She doesn’t expect Bill Ford, a stubborn fellow, to put down her pride and get married with Wang Guanxi.

   counted on this niece.

  This time, the Ford Family Foundation sold the control of Ford Motor Company to Wang Guanxi. Her food company will become the largest supplier of Messi’s department store. I don’t know how much money it made that year.

  Thinking of this, Laura Ford said: “Wang Guanxi is a very, very good boy. You should learn more from him and become a good friend in life.”

  Ford Ingrid nodded slightly: "Yeah"

  She looked at the road in the distance with beautiful eyes, full of expectation.

  Soon the car arrived at the Huntington Bank Building.

  Ford family members and Ford Motor Company executives received a grand reception.

  At 3 pm, everyone signed the contract.

  The Ford Family Foundation sold 132 million Class B shares of Ford Motor Company to Wang Guanxi for US$1 billion.

  These 132 million shares hold 40% of the voting rights.

  After Bill Ford received US$1 billion, he immediately repaid a US$500 million loan from Fifty Three Bank.

  Wang Guanxi’s No. 1 fund paid 1 billion US dollars, and there is 5 billion US dollars left!

   Then he donated all the 132 million Class B shares of Ford Motor Company to the Crown Charity Fund.

  Wang Guanxi said to Bill Ford: "Mr. Ford, I hope you will continue to serve as the honorary chairman of Ford Motor Company."

  Bill Ford politely refused to say: "Mr. Wang, I am tired and want to rest for a while. I am not in the mood to participate in business affairs."

  Wang Guanxi thought for a while and said: "Then let Miss Ford Ingrid enter the Ford Motor Company as a director. A member of the Ford family, if you want to enter the Ford Motor Company, it’s okay."

  Ford Ingrid did not expect Wang Guanxi to let herself be a director of Ford Motor Company, which made her a little flattered. Originally, her father only asked her to do an internship, not a director.

  Bill Ford was taken aback, and then said: "Now the control of Ford Motor Company is yours. You can arrange whatever you want. Ingrid is fine, and I am fine."

   But Laura Ford said: “Brother, you still agree to Mr. Wang’s invitation to serve as the honorary chairman. If you leave the Ford Motor Company, the Ford family’s face will not survive, and it will also affect the stock price...”

  Under Laura Ford’s words, Bill Ford finally agreed to become the honorary chairman of the Ford Motor Company, still receiving a salary every year.

  Ford Ingrid will also join the Ford Motor Company’s board of directors and begin an internship career.

Wang Guanxi intends to let Ford Motor Company CEO Alan Mulally enter the board of directors and serve as chairman. He said: "Alan Mulally, you will be the chairman of Ford Motor Company in the future. Chief Executive Officer"

  It is no exaggeration to say that without Alan Mulally there would be no Ford Motor Company to come back to life.

In 2006, Alan Mulally, who left Boeing, joined Ford, which was in dire straits, decided to focus on producing small energy-saving cars, matching production with consumer demand, and focusing on Ford, Lincoln and Mercury. (Mercury) and other brands, through the sale of Jaguar (Jaguar), Land Rover (LandRover), Aston Martin (Aston Martin) and Volvo (Volvo) brands to achieve the "One Ford" slimming plan.

  He submitted the plan to 40 banks for loan review, and finally obtained a loan of US$23.5 billion, using all Ford’s factories, stocks, intellectual property rights, equity holdings of foreign automakers and even trademarks as collateral.

  Allen Mulally’s above measures have become the key to Ford Motor Company’s revival, rather than the fate of bankruptcy and reorganization like General Motors and Chrysler Motors.

Then Wang Guanxi continued: "I give you all the power. I hope you will carry out the Ford Motor Company's major reforms to the end. All the layoffs will be laid off, all those who should be slimmed down, all the closed factories will be closed, and Ford will be shut down. The car company has survived this economic crisis!"

  Alan Mulally thought the new boss would fire him. After all, since 2006, when he took charge of Ford Motor Company, Ford Motor Company still lost money and ran into an economic crisis. Ford Motor Company was on the verge of bankruptcy.

  Unexpectedly, he would become the chairman of Ford Motor Company. The real power is in control, and he has a lot to say in Ford Motor Company.

  Alan Mulally said solemnly: "BOSS, rest assured, I will get Ford Motor Company out of the quagmire of the economic crisis!"

  Wang Guanxi nodded: "Well, do it with confidence, I believe in your talents!"

  This Alan Mulally was once the president of Boeing, and he also rescued Boeing.

After the 9/11 terrorist attacks, Boeing lost most of its customers. It was Mulally who rejected the crowds and began to lay off employees, improve the production line, and creatively launch the low-energy, low-emission "Dreamliner" Boeing 787.

  In just a few years, a company that was on the verge of bankruptcy was brought back to life. Before leaving, he left a record number of aircraft orders and successfully surpassed rival Airbus.

   was named one of the "Best Leaders of 2005" by "Business Week" magazine.

  In 2006, he was selected as "Man of the Year" by Aviation Weekly.

  When Alan Mulally joined Ford Motor Company, he moved his family to the office, and arrived at the company at 5:30 in the morning every day, and started working 12 hours a day. Six days after taking office, that is, 72 hours after working, he announced the sale of Ford’s luxury brands Jaguar, AstonMartin, LandRover and Volvo

  Subsequently, Aston Martin was sold to a British consortium for 479 million pounds, and Jaguar and Land Rover were sold to Indian Tata Group for 2.3 billion US dollars.

  Alan Mulally also dealt with the National Federation of Auto Workers in a tough stance.

  Through negotiations, Ford’s labor costs have been reduced from US$71 per hour to US$58.

  This allows Ford to operate at labor costs similar to Toyota's American car factory.

  He also streamlined the working procedures of the workshop, and combined technical workers and production line workers to establish a new work team.

  This all proves Alan Mulally’s personal ability.

  Wang Guanxi desperately needs such top talents. It is impossible for him to manage many companies under his future consortium.

  Then Ford Motor Company announced that it would cut its suppliers by 60%.

   announced the closure of 17 factories in North America, laying off more than 40,000 jobs, cutting spending by more than 5 billion U.S. dollars, and providing global products to major markets.

   announced that it will lay off 1,600 employees in the UK.

  Ford Asia Pacific and Africa headquarters will be moved to Huaxia to reduce costs.

  Ford Motor Company gave Volvo brand to Geely Automobile Company.

  This measure was originally planned, but when Avery Mulally became the chairman of the board, he immediately promulgated these measures.

  This sudden big move by Ford Motor Company shocked the global automotive industry!

  In particular, Ford Motor Company Chairman Bill Ford became the Honorary Chairman, and CEO Alan Mulally became the Chairman and concurrently the Chief Executive Officer. He was in power and directly set off a **** storm within the Ford Motor Company.

  The Ford Family Foundation also announced that it had sold control of Ford Motor Company to a large fund in Ohio, which immediately sparked heated discussions.

   Although it did not say who it is, people in the rich circle and industry giants all know it.

   directly stabbed it out!

  Shocked the world again!

  The news in the evening has reported this incident every day, but many of them are negative reports. Everyone likes to step on listed companies or step on the Ford family to gain attention.

  The Associated Press reported: "The Ford family has left the field sadly. The new owner is the largest rancher in Ohio. It may give Ford Motor Company a year more to live!"

  French News Agency: "The century-old Ford family has withdrawn from the stage of history. Will this new boss be able to provide Ford Motor Company with sufficient funds to get Ford Motor Company out of the predicament? This is a question worth thinking about!"

  Toyo Kyodo News Agency: "Ford Motor Company’s balance sheet debt is 232.825 billion U.S. dollars. I don’t believe that Ford Motor Company will survive until July this year!"

  Interfax News Agency: "Ohio is surprised to see a super picker! Sad!"

  Bloomberg reported: “Ford Motor Company must be 100% bankrupt, while General Motors, Chrysler’s probability of bankruptcy is only 70%.”

  Malaysian National News Agency: “Ford Motor Company is losing weight crazy, but it still cannot change the fate of bankruptcy!”

  India Business Daily: "Ohio ranchers' $1 billion in funds will be lost!"

  (End of this chapter)