Cars | Culture | Education | Finance | Fun | Homes | Legal | Religion | Travel

Sombre mood at Detroit show - innovate or perish - Summary

Posted : Mon, 12 Jan 2009 04:24:01 GMT
By : DPA
Category : Cars (General)
News Alerts by Email ( click here )
Cars General News | Home
Detroit, Michigan - The mood was sombre at Detroit's annual auto show, which is usually a glitzy affair and time of celebration for the US car industry. But 2008 was a year like no other and saw car sales plummet to their lowest level in decades. The North American International Auto Show, which opened for a three-day media preview Sunday, had domestic and foreign carmakers unveil their latest US models amid an uncertain future for the world's most lucrative car market.

While some of the talk was about job cuts and survival, there was also hope that out of the crisis would come innovation. Ford announced plans for electric vehicles while Toyota unveiled the new 2010 Camry.

Ford plans to launch a new battery electric commercial van in North America in 2010, a battery electric small car in 2011 and new- generation hybrid cars, including a plug-in vehicle by 2012, the show's organizers said in a statement.

"Ford is heading in the direction America and our customers want us to go, which is a green, high-tech and global future," Ford Executive Chairman Bill Ford said.

"I think that is where society would like to see the entire industry go, and Ford is going to lead that charge."

"Next-generation hybrids, plug-in hybrids and pure battery powered vehicles are the logical next steps in our pursuit of greater fuel economy and sustainability," said Derrick Kuzak, Ford's group vice president of global product development.

"A growing number of consumers want that kind of choice, and we want to be in a position to deliver it to them across multiple vehicle categories."

Meanwhile, Toyota displayed the latest version of its popular Camry, which organizers said was the best-selling passenger car in North America for 11 out of the past 12 years and for seven years running.

"The 2010 Camry and Camry Hybrid scheduled to go on sale in March have an array of enhancements, inside and out, including exterior styling, performance, safety, audio and convenience features," the organizers said.

The Hyundai Genesis was named 2009 North American Car of the Year. The decision was made by a jury of 50 motoring journalists, a statement from the show's organizers said.

The Ford F-150 was named the 2009 North American Truck of the Year. Ford has now won the award, which was first given in 1994, five times.

Meanwhile, ailing US carmaker Chrysler was confident of receiving a further 3 billion dollars of an emergency federal loan in order to survive, Chief Executive Officer Robert Nardelli said. Chrysler received 4 billion dollars of government aid in January, which it used to pay employees and suppliers and to incentivize car dealers.

Nardelli said the company was not "hibernating" while it waited for a buy-out, Bloomberg News reported.

The company would offer 24 new car models over the next four years, he said, adding that he was committed to Chrysler being a "viable" standalone company.

Dieter Zetsche, the head of former Chrysler partner Daimler AG, also spoke in positive terms about the future of the car industry, saying he expected an increase of worldwide demand for vehicles in the second half of 2009.

During 2009, the Stuttgart, Germany-based company said turnover dropped 2.3 per cent to 1.256 million vehicles.

German automakers in general were attempting to fight back in the important US market despite the financial malaise there.

"We go on the offensive in times of crisis," said Matthias Wissman, president of the Association of the German Automobile Industry (VDA), noting that "hard times have not yet come to an end."

Through 2008, US car sales fell 15 per cent to levels not seen since the early 1990s. Over the last three months, sales dropped more than 35 per cent to their lowest rate in a quarter century. Most analysts don't expect the market to pick up significantly before late 2009.

The show runs until January 25 at the Cobo Centre in Detroit.

Copyright DPA

Share/Save/Bookmark

Article : Sombre mood at Detroit show - innovate or perish - Summary
Print this article
Email this article

Stay Updated
News gadget on your Google homepage
Subscribe to a news feed in Google Reader


Related News

Rome's traffic woes: Stuck in traffic 11 days a year
Rome - Forget about zipping around the Italian capital on a sleek Vespa. Motorists in the Eternal City spend an eternity sitting in traffic - an average of 260 hours, or 11 days, each year. Rome ranks as the most congested city in Italy, according to...

Opel workers to strike over General Motors U-turn
Berlin - Workers at all four of troubled-carmaker Opel's plants in Germany were set to strike Thursday, following owner General Motors' surprise announcement that it would not now sell off its European subsidiary. The Detroit-based automotive giant s...

Fiat to flout four new Chrysler models on road to recovery
New York - Italian car giant Fiat will use its new control of Chrysler to launch at least four new models in the US market over the next three years, Fiat's chief executive Sergio Marchionne said Wednesday. Marchionne also said Chrysler was able to p...

Volvo to offer XC90 SUV as seven-seater only
Stockholm - Volvo is to offer its Sports Utility Vehicle (SUV), the XC90 in only the seven-seat version on the European market with a third row of seats including two additional child seats by the end of this year, the Swedish manufacturer has announ...

Motorists warned to be alert on dark days
Munich - With dark, foggy and wet days of autumn and winter in the northern hemisphere causing slippery roads and poor visibility conditions, safety organisations have appealed to motorists to be especially alert. Here are some tips for safer motorin...

Lexus most reliable used car, German report finds
Hamburg - Lexus cars are the most reliable vehicles on the used car market in all age categories, according to an independent report released by the German technical authority (GTU). In the category of four- to five-year-old vehicles where owners cha...

Airbag must be deactivated when children seated in front
Munich -Children are only safely seated in the front of a car when they face backwards and the airbag is deactivated, recent tests by Germany's automobile association (ADAC) yielded. If the child is fastened to a baby seat and facing the windscreen t...

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 

 

More Cars (General) News click here | Travel Guide
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark

 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.