One of the world's top five auto shows, the 83rd annual Geneva Motor Show exploded into life this week with around 700,000 visitors. It featured new releases from Mercedes-Benz, BMW and Bentley, as well as the unveiling of a new brand, Chinese-Israeli joint venture Qoros.
The most expensive and exciting releases this year came from McLaren, which unveiled the $1.3 million P1, and Lamborghini, which launched the $3.9 million Veneno. The show also saw releases from industry heavyweights Rolls Royce, Alfa Romeo, Bugatti Veyron and Swedish hypercar manufacturer Koenigsegg.
But despite the glitz and glamour, automakers at the show were unanimous in their concern about the state of the European car industry.
"2013 looks like a tough year in Europe, but we'll try to keep the market stable," Audi Board Member Luca de Meo told CNBC.
"We're holding the line and trying to nurture organic growth. The U.S. has grown by 50 percent in volume and China is a big source of sales and we believe that market will continue to grow," he said.
Click ahead for some of the hottest new releases at the 2013 Geneva Motor Show.
By James Knight
Posted March 6 2013