Arab Today, arab today riding record sales detroit auto show to dazzle with 40 new models
Last Updated : GMT 12:46:10
Arab Today, arab today
Arab Today, arab today

Riding record sales, Detroit auto show to dazzle with 40 new models

Arab Today, arab today

Arab Today, arab today Riding record sales, Detroit auto show to dazzle with 40 new models

Jeff Bracken, Lexus Group VP and General Manager
Chicago - AFP

Forget the winter chill: the mood at the Detroit auto show is expected to be nothing short of exuberant when carmakers riding high on record US sales reveal their latest wares Monday.

"The industry is truly firing on all cylinders, and that will be reflected at this year’s show," said Paul Sabatini, chairman of the North American International Auto Show.

Nearly every major automaker is racking in huge profits after US auto sales hit a new record high of 17.5 million vehicles in 2015.

The boom times are especially sweet given they come just six years after General Motors and Chrysler clawed their way out of bankruptcy after the financial crisis knocked US auto sales to 10.4 million in 2009, the lowest level in nearly three decades.

That downturn accelerated much-needed restructuring at the Detroit Three carmakers, which are now producing far more attractive vehicles with significantly lower operating costs.

"There's been a lot of learning and we do have profitable growth now," Stephanie Brinley, an analyst with IHS Automotive, told AFP.

"We had a period where we drove sales using the wrong levers and I don't think that's going to happen in the near term."

With sales expected to continue to accelerate in 2016, there's plenty of room for others to profit as well.

Though the competition will, as always, be fierce.

- 40 new models -

More than 40 new vehicles will vie for the attention of over 5,000 journalists from dozens of countries during two days of official press previews.

"There are certainly important vehicles there," Jack Nerad, an analyst with Kelly Blue Book, said in a telephone interview.

Chrysler will be unveiling the next generation of its Town and Country minivan.

"That was their bread and butter for several decade and they need to win that back. I imagine they're pulling out all the stops," Nerad said.

General Motors will reveal its Buick Envision sport utility vehicle at a party on Sunday night.

With annual sales expected to come in around 40,000 vehicles, the Envision is not going to be a huge part of GM's portfolio. But it's a landmark because the Envision is the first vehicle that a major automaker is importing to the United States from China.

"If the quality is good, I don't know if people are necessarily going to care," said Jessica Caldwell, an analyst with automotive site Edmunds.com.

"There may be some balking at first if people want to make an issue of it but I imagine in the long run it won't be a deal breaker for a lot of people."

Mercedes will also try to steal the spotlight by revealing its new E class luxury sedan at a party Sunday night.

The luxury market will be crowded, with an all-new Porsche 911 Turbo set to debut alongside Volvo's new S90 premium sedan, Ford's much-anticipated updated Lincoln Continental and fresh models from BMW and Infiniti.

Korea's Hyundai is hoping to replicate the success of Japanese rivals Toyota, Honda and Nissan by introducing a separate luxury brand, Genesis.

Technology will take center stage, said Joe Wiesenfelder, executive editor of Cars.com.

"Manufactures will be talking up semi-autonomous features and maybe even the possibility of full autonomy in the future," he said in a telephone interview.

"Forward collision warning with autonomous breaking is going to be big a growth area."

The one dark spot at the show could be Volkswagen, which is reeling from revelations that it had installed software in 11 million diesel vehicles worldwide to fool tough pollution tests.

The scandal first came to light in the United States, where the government on Monday sued the German auto giant for more than $20 billion over the scam.

"Maybe in Detroit they'll have some news for us that won't end in an apology," Caldwell said in a telephone interview.

Press previews will be held on Monday and Tuesday at Detroit's convention center. The show opens to the public on January 16 and 800,000 people are expected to attend by the time it closes on January 24.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today riding record sales detroit auto show to dazzle with 40 new models Arab Today, arab today riding record sales detroit auto show to dazzle with 40 new models

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Air raid kills eight women, child

GMT 06:42 2017 Friday ,17 February

Air raid kills eight women, child
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday