The motor industry has been gearing up for the Washington Auto Show, one of the biggest car events in North America.
When the public walk through the doors later they will see an industry that is back at full throttle, with analysts predicting new vehicle registrations in the US will be six and a half per cent higher this year than last.
Megan Gillam from the Lincoln Motor Company told euronews: “Particularly in the luxury industry, we are seeing a lot of growth and we can expect that the luxury market will grow even more quickly in 2013 than the total vehicle market as a whole.”
There is an emphasis on smaller cars and new technology aimed at making President Obama’s goal of increasing fuel economy.
Even so, it is the gas-guzzling SUVs that still dominate – Chrysler-Fiat which owns the Jeep badge, sold nearly half a million of them last year.
Our Washington correspondent Stefan Grobe reported from the show: “There is a lot of optimism, especially among European carmakers. Some executives told us they were well-prepared for the reawakening of the SUV market. Believing they have superior technology, they are confident they can increase their US market-share.”
- 1The nuclear waste site at the heart of Canada’s wildfires
- 2Brazil in crisis after leaked tape forces out interim President’s ally
- 3EgyptAir crash: suggestions of explosion on board ‘mere assumptions’ – official
- 4A handshake, a kiss and a hug at historic meeting of Catholic and Muslim leaders
- 5French union blockades spark petrol shortages
- 1EgyptAir crash: airline says Flight MS804 wreckage found
- 2Venezuela economy fractured with shortages of essentials across the country
- 3The nuclear waste site at the heart of Canada’s wildfires
- 4Crimean Tatars look for Eurovision boost on day of national tragedy
- 5Kazakh police break up anti-government protests
Latest world news
UN chief Ban voices his disappointment as first World Humanitarian Summit closes
Monsanto rejects Bayer multi-billion dollar bid
US comedian Bill Cosby ordered to stand trial for sexual assault
IOM says fewer migrants dying on Mediterranean route to Europe
World Humanitarian Summit calls for shift of emphasis from response to prevention of refugee crisis
Wires > News
- 23:17 CET Daughter of detained Hong Kong bookseller appeals for U.S. help
- 23:01 CET Brazil’s Temer seeks constitutional change to curb public spending
- 22:19 CET Egyptian appeals court cancels five-year jail terms for 47 over…
- 22:11 CET Thousands of migrants saved in 23 rescue operations off Libya
- 22:07 CET Myanmar poet’s jail term ‘like from the old days’
- 21:21 CET U.S.-backed Syrian alliance launches new attack near IS capital
- 21:14 CET Two Colombian journalists missing after Spanish reporter vanishes
- 21:11 CET Portuguese, Russian espionage suspects arrested in Rome