Detroit Auto Show

Detroit Welcomes the Newest Models

The 2012 North American International Auto Show marks a resurgence for both the Detroit Cobo Hall venue and the hometown automakers General Motors Co., Ford Motor Co. and Chrysler Group LLC, which all gained market share last year against foreign rivals. Organizers expect more than 5,000 journalists from more than 50 countries to attend two days of press conferences and about 40 product unveilings, including the Mercedes SL roadster and Ford Fusion. Show organizers signed a five-year contract to keep the show at Cobo Center, three years after some automakers shunned the show as GM and Chrysler headed for U.S.-backed bankruptcies.

Detroit Auto Show News

Lincoln Tries Cheese to Lure Mercedes Buyers to Showrooms

For those who think the car-buying experience stinks, Ford Motor Co. is teaching its Lincoln dealers about fine cheeses.
Honda Returns to F1 Racing as Engine Supplier to McLaren

Honda Motor Co. will return to Formula One as an engine supplier to help develop its technology after exiting the racing series in 2008.
Porsche Said to Debut $670,000 Spyder Coupe in Return to Detroit Auto Show

Porsche SE plans to present a racing version of the 918 Spyder sports car at the Detroit auto show next week as the manufacturer returns to the event after four- years, two people with knowledge of the matter said.
Ford Boosts F-150 Production as Pickups Pace U.S. Sales

Ford Motor Co., reacting to U.S. pickup sales that have gained momentum for almost two years straight, said it plans to add workers at an F-150 truck factory to boost production of its most profitable model line.
Porsche Will Introduce Model at Detroit Auto Show After Four-Year Absence

Porsche AG , the sports-car maker merging with Volkswagen AG, will premiere a “spectacular” model when it returns to the Detroit auto show in January after exiting four years ago.
Buy Ford, GM Options on Detroit Auto Show Volatility, Goldman Sachs Says

Investors should buy options “straddles” on Ford Motor Co. and General Motors Co. because the Detroit auto show may be a bigger catalyst for stock moves than it has in the past, Goldman Sachs Group Inc. said.
Fisker Says Bush Energy Department Urged Loan Application

Fisker Automotive Inc., the electric-car maker that missed its first payment on a U.S. loan this week, sought taxpayer financing at the urging of President George W. Bush’s administration, its co-founder said.
Toyota as No. 1 Again Means Style Overhaul to Help Shares

Toyota Motor Corp.’s small sedan revealed today in Detroit is the most important model the company will never sell. Called Furia, it gives a hint of what Akio Toyoda wants from a company not known for its style.
VW’s Mexican Motors Lead Push to Narrow U.S. Gap With GM

Volkswagen AG Chief Executive Officer Martin Winterkorn cut short his visit to the North American International Auto Show in frigid Detroit this week to head to balmy Mexico. He didn’t go for the weather.
Corvette Not Just for Successful Plumbers With New Design

The Chevrolet Corvette, once the coolest of cool rides on Route 66 and the rest of America’s roads, has suffered the cruelest of fates: It’s known as an old man’s toy. Even the head of Chevy marketing acknowledges that too many people see it as the car of “the successful plumber.”