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Tag Archives: City of Detroit Bankrupt

City of Detroit - Detroit Historical Museum - prized auto collection auction

Bankrupt, City of Detroit wants to sells its prized auto collection

62 cars and concepts, a few so rare that they have never been evaluated, will be sold by the City of Detroit in an attempt to recover as much of the 20 billion dollar debt that sent the former glittering metropolis in bankruptcy. Faced with serious financial problems that led to the bankruptcy, the U.S. City of Detroit – the ...

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