Detroit, located at latitude and longitude 42°19′N, 83°2′W, was established in 1815 and covers an area of about 370.2 km², of which the land area is 359.4 km² and the water area is 11 km². The highest point in the city is located in the northwest of the city, at about 204 meters above sea level, making it the largest city in the US state of Michigan. Founded in 1701 by French furriers, it is an important port city located in the northeastern United States, north of Windsor, Canada, along the Detroit River, the center of the world's traditional automobiles and the capital of music. It is the 15th most populous county in the United States. The city gets its name from the Detroit River, which connects Lake St. Clair to Lake Erie, and is derived from the French "Rivière du Détroit", which means "river of the straits."

On December 3, 2013, U.S. federal bankruptcy judge Rhodes ruled that the city of Detroit met the requirements of Chapter 9 of the federal bankruptcy code and was eligible to file for bankruptcy protection. The once-glamorous Motor City officially declared bankruptcy, making it the largest bankrupt municipal government in U.S. history. On November 7, 2014, about 16 months after the City of Detroit filed for bankruptcy (July 2013), a U.S. federal judge ruled on its bankruptcy exit plan. The issuance of this ruling brought the largest municipal government bankruptcy case in the history of the United States to an end.

Detroit's renaissance has been largely concentrated in the downtown area, and it remains one of the poorest large cities in the United States, with about 38 percent of residents living in poverty, and median incomes still far from the state average. There is also plenty of room for improvement in social security, as a rapid investment-led recovery is unlikely to change the perception of the city in the short term.

John Chambers has been in the Motor City for almost a month since he decided on the direction with his boss. During this time, not only did he form Black Cloud North American Automotive, but he also entered into fierce negotiations with Chrysler Motor Company.

Both sides want to get more, and Heiyun wants to spend as little as possible. And Chrysler saw that the Black Cloud Group had entered the automotive field with such fanfare, and with Bao Zixuan's personality and financial resources, he must have hoped to have the most.

So if you don't take advantage of the fact that you are slaughtering the black clouds now, when will you have to wait. This is the reason why Bao Zixuan did not dare to participate in the negotiations, and with his character, he felt that the price was right, and he would definitely win it directly. It often disrupts the negotiation team's plan and rhythm, and can cost a lot of unjust money.

After checking each clause several times in detail on both sides, Chrysler finally couldn't hold on. According to the memories of their previous lives, they are ready to file for bankruptcy protection next year, which shows how bad the business situation is. Although the price offered by Heiyun Group is not very high, it is also the most interested and sincere buyer at present.

RB car companies have already built factories in the United States, and there is no need to buy factories. The local car companies in the United States are having a hard time now, and they are eager to sell their factories, how can they take over Chrysler now, it's too late to hide.

John Chambers immediately contacted Chrysler's partner bank as soon as he learned about Chrysler's debt problems. After paying some benefits, all the banks chose to put pressure on Chrysler. Chrysler, who was forced to have no choice, could only contact the black cloud as soon as possible and try to solve the problem as soon as possible, otherwise the workers and the bank might drive them to death.

Bao Zixuan also came to Detroit, the motor city, after receiving a call from John Chambers, and now Detroit is in decline, but it can still hold on. But who would have thought that this once beautiful city would one day file for bankruptcy trusteeship.

However, none of this has anything to do with Bao Zixuan, and bankruptcy is a matter of 30 years later. At that time, it was estimated that the automobile manufacturing center had already been transferred to China, and whether Detroit was dead or alive had nothing to do with itself. Even if the scale of the factory is very small, he doesn't want to build too many factories in the United States.

Under the recommendation of John Chambers, Bao Zixuan met Chrysler Chairman McDell Chrysler. This rich 3rd generation has long since lost his former glory, and now he has been overwhelmed by Chrysler's declining performance. And my technical strength and management ability are much worse than his grandfather. Now that he thinks that the Black Cloud Group will actually buy Chrysler's branch and factory, he just wants to complete the transaction as soon as possible, so that the company can get cash and keep the parent company. As for Dodge and Jeep, they are not Chrysler's own sons, they were both acquired later for development, and Chrysler does not attach so much importance to them.

Since you can get cash to solve the problems of the parent company, it is also a good choice to sacrifice these two branches. Just strip the military car model and the production line out.

Maidel Chrysler said to Bao Zixuan: "Welcome Mr. Bao to Chrysler, you are more young than I imagined." ”

Bao Zixuan: "Thank you, Mr. Chrysler, Chrysler is a great company, and it is my honor to be here. ”

After a few more flattering words, the two sides began to get to the point. All issues have been resolved in the early negotiations. And the contract has been drafted, and Bao Zixuan came over just to sign the contract, and at the same time to appease the car workers of the two brands.

This time, since it was all in charge of John Chambers, it did save a lot of money on the price. The main content of the contract is the acquisition of Jeep and Dodge Motors by the Black Cloud Group, as well as the acquisition of two Chrysler plants in Detroit.

Jeep and Dodge stripped off the military division and only sold the brand and civilian division to Bao Zixuan. In fact, it is useless to sell the military vehicle department to the black cloud. It is impossible for Americans to hand over such an industry of national security to a non-American company.

In addition, the Chrysler plant is now operating at a very low rate, leaving many workers with nothing to do. Now that the Black Cloud Group has taken over, this is a very good result.

The U.S. Department of Commerce quickly approved the acquisition if Blackcloud Group did not acquire it. Then the fate that awaits Chrysler is only to go out of business or the government to back it up. This is not what the U.S. Department of Commerce wants to see, and if Chrysler does have a problem after they veto the acquisition, the Commerce Department will take the blame.

The purchase price is more than $800 million, which is the largest amount of money Bao Zixuan has spent so far. If there is no oil futures income, you really can't come up with this money. But now it's not a problem. After all, oil futures will have more than $5 billion in income in the future, and he can buy, buy, and buy as he likes.

The moment Shuangfa signs the contract, Heiyun needs to pay Chrysler $820 million in the next three months, and the down payment of $200 million will be paid immediately after the contract is signed.

Bao Zixuan knows that Dodge and Jeep are now under the umbrella of the Black Cloud Group, along with nearly 16,000 workers in two factories. In fact, he didn't want to recruit too many workers in the United States. In the previous life, the Germans were crushed by the pensions and high benefits of Chrysler's American workers, making a huge loss of more than $20 billion before Chrysler was thrown away.

In order not to follow the mistakes of the Germans, Heiyun will definitely use automated equipment as much as possible to reduce the number of workers in the future. But now the top priority is to appease these workers, which is even more annoying than the U.S. Department of Commerce.

After the contract was signed, Heiyun Group remitted the first $200 million to Chrysler. Fortunately, I don't have much expenses now, and my cash flow is very abundant every month, so I am so happy to see the black clouds. Maddell-Chrysler feels that the price is going to be less, no matter what the wood is now, he can only do things according to the contract.

Bao Zixuan is looking at the information of the two companies and the situation of the factory, and the hybrid car now finally has a production workshop. But the premise is that Bao Zixuan wants to solve these workers.

Heiyun Group is a non-listed company and does not need to disclose its operations to the public. But Chrysler is a real public company, and every major transaction they have to announce to shareholders.

When people all over the world knew that Heiyun Group had entered the automotive field with such fanfare, they were shocked by Bao Zixuan's courage once. How much money does this kid have just bought Hutchison Whampoa, and then he bought the car company.

Many people are afraid that Bao Zixuan will drag down the company because of diversification, but the automotive industry knows it. The wolf is coming, this is not bad for money.