2002 Detroit Auto Show logo
2002 Detroit Auto
Show by TCC Team
Toyota show sponsor
sponsored by Toyota
Toyota show sponsor
DETROIT SHOW IN TOP
Turnout for this year's North American International Auto Show was down a bit, reflecting the decision by many foreign journalists not to come to the States right now. Despite that, most observers give the event high marks for the flood of new product on display. "You walk around the show and see the unrelenting focus of (carmakers) on bringing out new and better vehicles," said GM CEO Rick Wagoner. "It shows just how competitive the environment is."
2002 Detroit Auto Show by TCC Team (1/7/2002)
PAYING THE PRICE FOR
GM's zero-interest loan programs created plenty of added business before the deals expired at the beginning of the year, but "more than 50 percent and less than 75 percent" came from pull-forward sales. In other words, consumers who purchased or leased vehicles ahead of their original plans in order to take advantage of the savings. "The rest are plus sales," Wagoner added. Pull-ahead sales need be subtracted from the volume the automaker might have originally expected in the first and second quarter of 2002, meaning sales will slip more than anticipated in the coming months. But there could be a counter-balancing trend, Wagoner and other industry observers suggest. The so-called zero-zero programs at GM and other carmakers may have stimulated the economy enough to draw more new buyers into the market. Wagoner told TheCarConnection that in recent years, industry forecasters have repeatedly underestimated U.S. demand, suggesting, "the traditional (forecasting) models don't work" anymore.
JEEP EXPLORES THE RAZOR'S
With a team of young acrobats in the background performing on bikes and scooters, Chrysler took the wraps off four new concept vehicles Tuesday at Detroit's Cobo Center. And according to product development chief Richard Schaum, "three have real production possibilities. Indeed, several sources tell TheCarConnection at least one is already in the Chrysler production schedule.
2002 Dodge M80 ConceptEnlarge Photo
2002 Jeep Compass conceptEnlarge Photo
2002 Dodge Razor conceptEnlarge Photo
Jeep Willys II concept 2001 TokyoEnlarge Photo