Obama to visit Detroit Auto Show

“It’s obvious that the previous year was not very nice for everybody and for some time the entire industry was affected by that”, he later told AFP. In exchange for help, we demanded responsibility.

While gasoline prices remain low, this would be an ideal time for Congress and President Obama to raise the federal gas tax of 18.4 cents per gallon, which has stayed the same for 23 years. GM says the Avista harkens back to the Buick Y-Job from 1938, which the company says is recognized as the auto industry’s first concept vehicle.

From sports cars to pickups, auto brands set the future direction of their design during new-model reveals at the North American International Auto Show here. U.S. President Barack Obama is expected to visit the show on January 20. Now, industry insiders say the US market is starting to plateau, with many forecasts calling for a similar level of sales this year. But I’d make that bet again any day of the week.

Seven years later, the US auto industry just ended its best year on record, selling more than 17 million units in 2015, and General Motors and Fiat Chrysler Automobiles, or FCA, keep ringing up hundreds of millions of dollars in earnings each year. GM, which sold 140,000 units of the model a year ago in China, exhibited the vehicle Sunday evening in Detroit. We’ve cut the Detroit-area unemployment rate by more than half.

The Obama administration agreed to prop up the automakers – provided they were steered through bankruptcy to restructure their operations – even though it was not popular nationwide.

In his 2011 State of the Union Address, Obama renewed a call he made as a candidate in 2008 to get 1 million plug-in electric vehicles (EVs) on the road by 2015. From there, it’s a mad dash as more than two dozen automakers from around the world plan to debut roughly 40 never before seen vehicles.

“Because you hear about it so often, you expect to see it next week”, said Karl Brauer, a senior analyst with Kelley Blue Book. It will replace the Town and Country later this spring and, eventually, the Dodge Caravan. “That was their bread and butter for several decade and they need to win that back”. General Motors will reveal its Buick Envision sport utility vehicle at a party on Sunday night.

The tenth generation of the midsize E-Class sedan borrows the elongated hood and gently sloping tail of its big sibling, the S-Class.