![]() GM is the only one with headquarters in Detroit, though it has huge research and testing centers with thousands of jobs outside the city. Filing for Chapter 9 bankruptcy, Detroit’s debtsa whopping 18 to 20. As of July 18, 2013, the Motor City officially ran out of gas. And as evidenced by these photos, it was not just industry that abandoned Detroit it was its livelihood. The Motor City has officially run out of gas. By the time the auto industry melted down in 2009, only a few factories from GM and Chrysler were left. 42 Staggering Photos Of Abandoned Detroit Buildings. With every downturn, more companies abandoned the city, leaving the hulking buildings to squatters. The city is littered with abandoned factories built in the postwar boom years, most of which have multiple stories.Īs the Japanese auto invasion began cutting into Detroit's sales, General Motors, Chrysler, Ford and hundreds of auto parts companies looked outside the city to build one-story plants that could handle modern assembly lines. While the city's auto industry decline is not the only reason for its troubles, the fall has certainly not helped. It will also leave creditors with much less than they are owed and places in jeopardy the pension benefits of thousands of city retirees. The move conserves cash so the city can operate, but it will hurt Detroit's image for years. Browse 1,098 abandoned detroit stock photos and images available, or search for abandoned town or abandoned building to find more great stock photos and pictures. However, less than 1/3 or 700 thousand have remained in the city, leaving plenty of abandoned places. Kevyn Orr, Detroit's state-appointed emergency manager, chose bankruptcy over diverting money from police, fire and other services to make debt payments. Today, Detroit is designed for 2 million people. The city is now getting a second chance in a federal bankruptcy court-led restructuring. There are roughly 700,000 people who now live there - less than half the 1.8million who used to call the city home during the 1950s.įor decades, Detroit paid its bills by borrowing money while struggling to provide the most basic of services for its residents. ![]() Last year however it was forced to file for bankruptcy. In Detroit's heyday it was the place where workers in a rising middle class flocked to factories to build the cars that changed America's way of life. ![]()
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