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The National
08-08-2025
- Automotive
- The National
Best photos of August 8: Bristol balloon fiesta to Nagasaki anniversary
If 2008 was the year that rocked Detroit, 2019 will be when Motor City gives its annual car extravaganza a revamp that aims to move with the times. A major change is that this week's North American International Auto Show will be the last to be held in January, after which the event will switch to June. The new date, organisers said, will allow exhibitors to move vehicles and activities outside the Cobo Center's halls and into other city venues, unencumbered by cold January weather, exemplified this week by snow and ice. In a market in which trends can easily be outpaced beyond one event, the need to do so was probably exacerbated by the decision of Germany's big three carmakers – BMW, Mercedes-Benz and Audi – to skip the auto show this year. The show has long allowed car enthusiasts to sit behind the wheel of the latest models at the start of the calendar year but a more fluid car market in an online world has made sales less seasonal. Similarly, everyday technology seems to be catching up on those whose job it is to get behind microphones and try and tempt the visiting public into making a purchase. Although sparkly announcers clasp iPads and outline the technical gadgetry hidden beneath bonnets, people's obsession with their own smartphones often appeared to offer a more tempting distraction. 'It's maddening,' said one such worker at Nissan's stand. The absence of some pizzazz, as well as top marques, was also noted by patrons. 'It looks like there are a few less cars this year,' one annual attendee said of this year's exhibitors. 'I can't help but think it's easier to stay at home than to brave the snow and come here.'
Bloomberg
03-07-2025
- Automotive
- Bloomberg
Russian Car Market Contracts as Interest Rates and Fees Take Toll
Russia's car market contracted in the first half of 2025 as high borrowing costs and fees put off many potential buyers, setting the industry on course to reverse two years of rebounding growth. From January through June, sales of passenger and light commercial vehicles fell to 546,430, down 27% from the same period last year, according to the Association of European Businesses. The group also revised down their forecast for 2025 about nine percentage points to now project a 24% decrease from last year.
