Detroit Loses Key Foreign Manufacturers As Pickups Dominate. U.S. Market Will Dip But Overall Health Looks Good. “It’s official. You can’t refer to Detroit as a car show anymore” The annual Detroit Car Show has lost its lustre as new technology developments have persuaded the big movers and shakers to show off their latest autos […]
Tag Archives | Detroit
Joy Abounds In Detroit As GM Dumps Loss-Making Opel
Joy Abounds In Detroit As GM Dumps Loss-Making Opel. But What If PSA Turns It Around? “two drowning men don’t make a swimmer“ They will dancing in the streets of Detroit today as the news sinks in. Or will they? General Motors has finally managed to dump its chronic European loss-maker Opel-Vauxhall on PSA of […]
Europeans At The NAIAS Set For Banner Year In The U.S.
Europeans At The NAIAS Set For Banner Year In The U.S. “It will be another big year for SUVs and trucks and even better for the premium brands. I think currency is in their favor (of the premiums) added to the fact that localized production will help too”. European premium brands were already poised for […]
Alarm Bells Ring In Detroit As Sales Growth Slows
Ford Adds Much Aluminium To Its F-150 Truck. Mercedes C-Class, BMW 2 Series Unveiled. The U.S. market has made a remarkable recovery from the depths of the recession, but the pace of recovery will slow in 2014 even as auto sales burst through 16 million. The fact that there are troubles ahead didn’t feature much […]
More U.S. Sales Growth Expected In 2013
“Detroit Motorshow participants are expecting positive growth, but for growth rates to come down significantly versus the prior year” The Detroit Car Show has now closed its doors for another year, but despite the fact that U.S. sales growth is expected to slow in 2013, the mood was in sharp contrast to Europe’s gloom. “Basically […]
U.S. 2013 Sales Prospects Drive Higher As Fiscal Cliff Avoided
Detroit Show Stars New Chevrolet Corvette U.S. Sales Could Hit 17 Million Again By 2015-2016 But Sales Exuberance Could Soon Lead To Price, Discount Wars “The automobile industry is its own worst enemy. Automakers can’t resist squeezing the last vehicle out of a plant and pushing it onto a dealership lot” Investment bankers were busily […]
European Luxury Makers Aim At U.S. As Home Sales Crater
Maserati Quattreporte Stars; Threatens Mercedes S, BMW 7 Lincoln May Surprise, As Parent Ford Gives It A Push “consumer perception moves about as fast as molasses in January” As Europe’s sales crumble, prices fall and finances deteriorate, the booming U.S. car market presents a mouth-watering target for German and Italian manufacturers, so expect a powerful […]
Detroit Motor Show stories 2013
Mercedes New Little CLA Aimed To Tempt Generation Y Mercedes Benz unveiled its new CLA compact four-door coupe, which it said will spearhead new conquest sales in the U.S. for buyers from so-called generation Y who value internet connectivity as much as cars themselves. Mercedes Chairman Dieter Zetsche introduced the car, which he […]
Detroit Car Show Opens As U.S. Sales Boom
“the new Lexus IS has a truly horrible and embarrassing new face” The Detroit Motor Show opens its doors later this month, and the press previews start Monday. Expect reports about the new cars later next week on WintonsWorld.com The U.S. industry is currently booming and expected to carry on like that for the next […]
Europe’s Threatened Manufacturers Will Vacillate
As Losses Mount, Need To Slash, Burn Will Increase Germans, After Hard Choices, Will Prosper Don’t Expect Action From Non-Germans Until Disaster About To Strike American manufacturers found themselves lauded as winners for a change at this year’s Detroit Auto Show, especially when investors looked at Europe’s weak markets, grotesque overcapacity, burgeoning losses, and apparent […]