2013 Detroit Auto Show
Detroit Welcomes the Newest Models
The annual North American International Auto Show will showcase the state of the art in big pickups. The public will get its first look at General Motors Co.'s new Chevrolet Silverado, as well as Ford Motor Co.'s concept for the next Ford F-150. No wonder stocks of both companies are trading near 18-month highs.
Cars will make big news, too: Toyota Motor Corp. is unveiling a model that hints at the look of its next Corolla, one of the world's best-selling vehicles, while GM will unveil the much-anticipated seventh-generation Corvette
The Ford brand is closing in on Toyota as the favorite of retail auto buyers, a sign of rising popularity of the Fusion mid-size car and Escape sport-utility vehicle, and of growing dismay with the Japanese manufacturer.
Honda Motor Co., Japan’s third- largest carmaker, reported profit that missed analysts’ estimates for a 10th straight quarter as slumping demand in Thailand prompted the company to cut sales projections.
Chuck Eddy, who has been a Chrysler dealer for 45 years, has to go back to the time of Jimmy Carter’s White House to recall when he last had a strong mid- size car to sell. That will change, he says, after this morning’s Chrysler sedan unveiling at the Detroit auto show.
After laboring for five years to develop its aluminum F-150, Ford Motor Co. now confronts a new challenge: preventing higher insurance rates and a dearth of mechanics equipped to repair its body from deterring buyers.