Detroit Auto Show 2009
In Focus
- Fighting Off Competition
The Toyota Prius has been dominating the hybrid car market, but the company is facing more competition from other automakers that are now making hybrids. “It may be tougher to dominate,” said Toyota President Jim Lentz, “but we think…the overall hybrid industry will start to grow.”
- Chrysler Plans Ahead
Rumors have been swirling about Chrysler’s future, but CEO Bob Nardelli says that the company’s efforts to rebuild have been effective.
- Ford Goes Electric
Despite launching new hybrid and electric vehicles, Ford CEO Alan Mullaly says demand for the new vehicles will drop if gas prices remain low.
- General Motors Goes Lean And Green
Currently working to rebuild GM, CEO Rick Wagoner says fuel-efficient vehicles are a major long-term factor in the industry's recovery: "It's our bet that energy prices, and oil prices…are going to begin to rise again," he said.
CNBC Reports: The Detroit Auto Show
Behind The Wheel with Phil LeBeau
- GM to Present Opel Restructuring Plan in Dec.
- New, Better Stimulus Plan Needed: AutoNation CEO
- GM Debt Payment Plan to be Revisited in June
- Thanksgiving Travel to Increase 1.4 Percent: AAA
- Ford, Subaru and Volkswagen Safest Cars in 2010
- Soros Hedge Fund Takes Stake in Ford Motor
- Ford Fusion Named Motor Trend 2010 Car of Year
- GM Says 10,000 Jobs Could Go in European Shake-Up
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