News / Economy

Detroit Showcases Dramatic Turnaround at Auto Show

Detroit Showcases Dramatic Turnaround at Auto Showi
X
January 14, 2014 3:38 PM
The North American International Auto Show in Detroit showcases the automotive industry's latest innovations and has launched many successful vehicles. As VOA’s Kane Farabaugh reports, U.S. automakers have much to celebrate at this year’s event. Fueled by growing sales and increased production, the industry has made a dramatic turnaround since hovering dustry on the brink of collapse less than five years ago.
Kane Farabaugh
U.S. automakers have much to celebrate at this year’s North American International Auto Show in Detroit.

Fueled by growing sales and increased production, the industry has made a dramatic turnaround since hovering on the brink of collapse less than five years ago.

Taking a chance

Facing bankruptcy in 2009, Chrysler was grappling with the fate of its assets, including the Sterling Heights Assembly Plant where Charles Archard worked.

“Me and my wife both worked in the plant," Archard said. "She took the buyout. I stayed there. But there was a 50/50 chance that it could have went bankrupt. I took that chance.”

It paid off. Chrysler not only reversed its decision to close Sterling Heights, but also added another shift. At this year’s North American International Auto Show, the company announced that workers like Archard will soon be building a new mid-size sedan at the plant, which will offer job security for the foreseeable future.

“And then we found out a billion dollars is going to be put into the plant for new vehicles and everything, so it was great,” Archard said.

'The auto industry is back'

Democratic Senator Debbie Stabenow represents the state of Michigan and says the Chrysler announcement is an example of how the U.S. auto industry's success is reflected in this year’s auto show.

 “We’re back. This auto industry, the home team from Michigan, is back," Stabenow said. “Today we are seeing not only fuel economy, but great engineering, design, technology.”

One example of the change was evident at an event for General Motor’s Chevrolet brand. Instead of showcasing smaller, fuel-efficient cars, the automaker rolled out a new version of the snazzy Chevrolet Corvette, a high performance car that consumes a lot of gas and carries a high price tag.

Fuel efficiency

“I think you’re going to find that we definitely are profiling our newest, latest, greatest, but that doesn’t mean that we don’t have a lot of emphasis on fuel efficiency across the board,” said Christi Landy of General Motors.

In fact, Landy says sales of fuel-efficient compacts like the Chevrolet Spark and Sonic are up 10 percent this year from last year.

At a news conference for Chevrolet’s competitor, Ford, CEO Alan Mulally predicted an even greater market for such vehicles.

“We expect small vehicles to represent more than half of our total global sales by the end of this decade," Mulally said, "with nearly one third of all of our sales coming from Asia Pacific.”

That’s good news for Ford workers.  But the state of Michigan, home of the U.S. auto industry, still has one of the highest unemployment rates in the country about 9 percent.  

While some jobs are returning as the industry rebounds, it's only a fraction of the number of jobs lost during the region’s long economic decline.

You May Like

Will Cuba Follow the Southeast Asia Model?

Decision to restore ties between US and Cuba has some debating whether it will lead to enhancement or regression of democracy for Communist island nation More

Kenyan Designer Finds Her Niche in Fashion Industry

‘Made in China’ fabrics underlie her success More

Report: CIA, Israel's Mossad Killed Senior Hezbollah Commander

The Washington Post story says Imad Mughniyah was killed instantly by a bomb "triggered remotely" from Tel Aviv by Mossad agents More

This forum has been closed.
Comment Sorting
Comments
     
by: Victor Ilodigwe from: Nigeria
January 14, 2014 2:30 PM
While popular uprising has been a means bringing unpopular government down I do not believe that taking out a government in the manner not contemplated by the constitution is the way to go even if you believe the govt lacks the capacity to effect the types of changes you desire leading a protest movement to achieve what the ballot box did not give you is for me an extreme political desperation, now that the protest movement has got the attention of govt I think that they should sit down and talk,talk and talk in the best interest of the country.

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Jefferson's Library Continues to Impress, 200 Years Lateri
X
Deborah Block
January 31, 2015 12:12 AM
Two hundred years after the U.S. Congress purchased a huge collection of books belonging to former President Thomas Jefferson, it remains one of America’s greatest literal treasures and has become the centerpiece of Washington’s Library of Congress. VOA’s Deborah Block reports.
Video

Video Jefferson's Library Continues to Impress, 200 Years Later

Two hundred years after the U.S. Congress purchased a huge collection of books belonging to former President Thomas Jefferson, it remains one of America’s greatest literal treasures and has become the centerpiece of Washington’s Library of Congress. VOA’s Deborah Block reports.
Video

Video Egypt's Suez Canal Dreams Tempered by Continued Unrest

Egypt plans to expand the Suez Canal, raising hopes that the end of its economic crisis may be in sight. But some analysts say they expect the project may cost too much and take too long to make life better for everyday Egyptians. VOA's Heather Murdock reports.
Video

Video Threat of Creeping Lava Has Hawaiians on Edge

Residents of the small town of Pahoa on the Big Island of Hawaii face an advancing threat from the Kilauea volcano. Local residents are keeping a watchful eye on creeping lava. Mike O’Sullivan reports.
Video

Video Pro-Kremlin Youth Group Creatively Promotes 'Patriotic' Propaganda

As Russia's President Vladimir Putin faces international pressure over Ukraine and a failing economy, unofficial domestic groups are rallying to his support. One such youth organization, CET, or Network, uses creative multimedia to appeal to Russia's urban youth with patriotic propaganda. VOA's Daniel Schearf reports.
Video

Video Filmmakers Produce Hand-Painted Documentary on Van Gogh

The troubled life of the famous 19th century Dutch painter Vincent van Gogh has been told through many books and films, but never in the way a group of filmmakers now intends to do. "Loving Vincent " will be the first ever feature-length film made of animated hand-painted images, done in the style of the late artist. VOA’s George Putic reports.
Video

Video Issues or Ethnicity? Question Divides Nigeria

As Nigeria goes to the polls next month, many expect the two top presidential contenders to gain much of their support from constituencies organized along ethnic or religious lines. But are faith and regional blocs really what political power in Nigeria is about? Chris Stein reports.
Video

Video Rock-Consuming Organisms Alter Views of Life Processes

Scientists thought they knew much about how life works, until a discovery more than two decades ago challenged conventional beliefs. Scientists found that there are organisms that breathe rocks. And it is only recently that the scientific community is accepting that there are organisms that could get energy out of rocks. Correspondent Elizabeth Lee reports.
Video

Video Paris Attacks Highlight Global Weapons Black Market

As law enforcement officials piece together how the Paris and Belgian terror cells carried out their recent attacks, questions are being asked about how they obtained military grade assault weapons - which are illegal in the European Union. As VOA's Jeff Swicord reports, experts say there is a very active worldwide black market for these weapons, and criminals and terrorists are buying.
Video

Video Activists Accuse China of Targeting Religious Freedom

The U.S.-based Chinese religious rights group ChinaAid says 2014 was the worst year for religious freedom in China since the end of the Cultural Revolution. As Ye Fan reports, activists say Beijing has been tightening religious controls ever since Chinese leader Xi Jinping came to office. Hu Wei narrates.
Video

Video Theologians Cast Doubt on Morality of Drone Strikes

In 2006, stirred by photos of U.S. soldiers mistreating Iraqi prisoners, a group of American faith leaders and academics launched the National Religious Campaign Against Torture. It played an important role in getting Congress to investigate, and the president to ban, torture. VOA's Jerome Socolovsky reports.
Video

Video Former Sudan 'Lost Boy' Becomes Chess Master in NYC

In the mid-1980’s, thousands of Sudanese boys escaped the country's civil war by walking for weeks, then months and finally for more than a year, up to 1,500 kilometers across three countries. The so-called Lost Boys of the Sudan had little time for games. But one of them later mastered the game of chess, and now teaches it to children in the New York area. VOA’s Bernard Shusman in New York has his story.
Video

Video NASA Monitors Earth’s Vital Signs From Space

The U.S. space agency, NASA, is wrapping up its busiest 12-month period in more than a decade, with three missions launched in 2014 and two this month, one in early January and the fifth scheduled for January 29. As VOA’s Rosanne Skirble reports, the instruments being lifted into orbit are focused on Earth’s vital life support systems and how they are responding to a warmer planet.

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More

All About America

AppleAndroid

World Currencies

EUR
USD
0.8845
JPY
USD
117.71
GBP
USD
0.6643
CAD
USD
1.2669
INR
USD
62.019

Rates may not be current.