Urban decay to be replaced with farmland in Detroit

Discussion in 'Americas' started by W.G.Ewald, Nov 25, 2013.

  1. W.G.Ewald

    W.G.Ewald Defence Professionals/ DFI member of 2 Defence Professionals

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    Urban decay to be replaced with farmland in Detroit | Fox News

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  3. nirranj

    nirranj Regular Member

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    Apart from Recent Financial crisis, what else did contributr to the intrinsic destruction of this city??

    I heard about the lease program of the Automotive majors, wherein a person can lease a car (costing 30K $) for a amount as minimum as 240$. I heard the there are certain conditions during the lease period, such as cap on the total mileage of the car etc. But what struck me was, after a lease period of three years the person can buy the car or just move on with leasing another car. Now some simple calculations can reveal the problems this can pose to the Automobile manufacturer.

    America is saturating. The real market for the Giant GM is in China where they sell more cars than the Combined North american markets. It is being rumoured that GM may move its HQ from Rencen to Shangai in long term...

    Hope China gives the Americans some jobs!!
     

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