Subscribe free to our newsletters via your
. Military Space News .




CAR TECH
Luxury models dazzle Detroit auto show
by Staff Writers
Detroit, Michigan (AFP) Jan 14, 2013


Cadillac shows off their ELR extended-range luxury hybrid, during the media preview at the North American International Auto Show on January 15, 2013 in Detroit, Michigan. The auto show will be open to the public January 19-27. Photo courtesy AFP.

Stand-out styling, performance and luxury were on display Monday as global automakers sought to stake out ground in the high-profit premium car sector at the Detroit auto show.

From an ultrafast Bentley cabriolet to a completely redesigned Corvette, to a clutch of new BMWs and Audis, car makers were confident that lower-volume, higher-margin cars would find buyers in the coming year despite the slow global economy and the recession in Europe.

Auto makers are also increasingly taking aim at younger buyers no longer seen as bound to their parents' brands and -- according to Infiniti chief Johan de Nysschen -- not wedded to the idea that only the Germans get it right.

Despite the slowdown in Europe, manufacturers are optimistic that the rebound in the US market and the still-strong China market will be enough to keep them going.

US sales are expected to rise five to 10 percent in 2013 after jumping 13 percent in 2012, the biggest yearly gain since 1984.

The Detroit Three carmakers are raking in huge profits again after years of painful restructuring and a renewed focus on the product side of their business.

Their Asian and European counterparts are also investing heavily in the United States, as they jostle for position in the highly competitive market amid a slowdown in China and Brazil and the collapse of European demand.

"The product is the best consumers have seen in a long time," Jesse Toprak, an analyst with the automotive site TrueCar.com, told AFP.

In China, the world's largest market, last year's double-digit growth is slowing, but could still hit five to six percent in 2013, according to BMW marketing chief Ian Robertson.

GM's new Corvette was the most hotly anticipated debut of the show.

Dubbed the Stingray, a name Corvette used for its iconic 1963 model, the quintessential 60-year-old American sports car nevertheless had an "Italianate" feel in its complete makeover, its first in eight years, said one auto analyst.

"The soul of our company is sitting right here in Corvette," GM North America president Mark Reuss said.

"This car is the reason I work at GM."

Daimler also offered a sneak peak at an entirely new car, the compact, stylish -- and lower priced -- Mercedes CLA coupe, which is aimed squarely at the youth market.

"The CLA is a style rebel," Mercedes design chief Gordon Wagener said.

US luxury makers Cadillac and Lincoln -- ever-aspiring to the ranks of the German luxe-purveyors -- also unveiled new wares.

Cadillac's electric touring coupe the ELR was a fresh bookend to the ATS gas-engined sedan introduced last year, which pulled in the North American Car of the Year award in this year's Detroit show.

Lincoln showed its MKC, a luxury compact sport utility vehicle billed as a concept car that looked not too far from production.

Luxury wasn't everything: the global battle is still on among the moderately priced cars which make up the bulk of sales, numbers released Monday showed.

Toyota regained the world sales crown lost when the 2011 Japanese tsunami devastated its supplies, as US rival General Motors saw its share of the global market shrink.

The largest US automaker, where sales have been hit by the Europe downturn, fewer fresh offerings and a decision not to chase market share with costly incentives and fleet sales, shrugged off the bad news.

"As I said last year, I didn't necessarily want to be number one in sales as I wanted to be number one in profitability -- that's what we focus on," GM chief Dan Akerson told reporters.

Meanwhile Honda laid out an aggressive goal of boosting its total sales by 50 percent to six million units in 2016.

The Japanese automaker introduced a stylish new "urban SUV" concept car aimed at providing the flexibility, performance and function of a sport utility vehicle in a much smaller package.

Toyota, meanwhile, offered a concept car, the Furia, which seeks to deliver the styling lines and some of the bells and whistles of premium level cars to the humble, long-lived Corolla, to better fend off challenges from low-cost models from South Korean and US producers.

"The Corolla Furia Concept is an early indicator of where our compact car design may lead in the future," said Bill Fay, general manager of the Toyota's US division.

"It blends a heightened emphasis on dramatic design and modern elements of high technology to generate curb appeal that will surprise a lot of people."

.


Related Links
Car Technology at SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








CAR TECH
GM says China car sales hit record high in 2012
Shanghai (AFP) Jan 14, 2013
US auto giant General Motors said Monday that its sales in China, the world's biggest car market, hit a record 2.84 million vehicles last year, despite the country's slowing economy. GM's China sales grew 11.3 percent in 2012 from 2011, which recorded the previous record of around 2.55 million vehicles, the company said in a statement. GM's sales growth outpaced China as a whole. A Chine ... read more


CAR TECH
Lockheed Martin Receives Contract for Production of PAC-3 Missiles

Turkey Patriot missiles operational by Feb: NATO

Russia to add 3 new anti-missile radars

Dutch Patriot missiles head for Turkey's Syria border

CAR TECH
Short-range ballistic missile again fired in Syria: NATO

Iran develops new missile launcher

Thatcher 'warned France to cut off Exocets in Falklands war'

Raytheon awarded $254.6 million for Tomahawk missile

CAR TECH
Northrop Grumman, Cassidian Fly First Sensor-Equipped Euro Hawk

TerraLuma Selects Headwall's Micro Hyperspec for UAV Applications

Elbit Systems to Supply Long-Range Observation Systems to the Israeli Ministry of Defense

US Army Awards AeroVironment Small Unmanned Aircraft Systems Contract

CAR TECH
TS Receives Funding For SNAP Deployable Satellite Systems Equipment

MUOS Waveform Will Improve Secure Communications Capabilities

DARPA selects SwRI's K-band space crosslink radio for flight development as part of System F6 Program

BAE pulls out of Australian comms tender

CAR TECH
Elbit Systems to Supply the Israeli Ministry of Defense with Cardom Artillery Systems

British military drops US pistol for Austrian gun

Raytheon's Quick Kill System Defeats Lethal Armor-Piercing RPGs

SAIC Awarded Contract By U.S. Army Environmental Command

CAR TECH
Bulgaria cancels privatisation of defence group VMZ

US military ordered to prepare for fiscal 'perfect storm'

Ex-Russia defence chief faces graft charges

Dassault, India tussle over supply chains

CAR TECH
Powell defends Hagel as US defense chief pick

Japan boosts defence of disputed islands

Jackie Chan calls US 'most corrupt' country in the world

China launches fighters amid Japan dispute: state media

CAR TECH
New nanotech fiber: Robust handling, shocking performance

Southampton scientist develops strongest, lightest glass nanofibres in the world

Nanoparticles reach new peaks

Oh, Christmas tree, oh Christmas tree




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement