Reuters - Video

EDITION: U.S. | U.K. | IN

Video

NY Auto Show: High style and hybrid hopes

Wednesday, Apr 16, 2014 - 02:56

April 16 - Toyota hits the reset button on the Camry, the best selling sedan in America, giving it a sportier edge. On the high end, Alfa Romeo makes its first return to the American spotlight in two decades and others sharpen their attack on Tesla as the New York International Auto Show kicks off. Lily Jamali reports.

▲ Hide Transcript

View Transcript

Automakers went full throttle - inside and outside the halls of the New York Auto Show. LandRover unveiling its concept vehicle, the Discovery, aboard the deck of the aircraft carrier Intrepid …. And atop what was the once the world's tallest skyscraper: Ford reassembled the new version of its iconic pony car to celebrate the 50th birthday of the Mustang. Luxury nameplates tend to dominate the New York auto show, a reflection of its setting in the world's financial capital. Alfa Romeo made by Fiat Chrysler is the car that Dustin Hoffman rode in The Graduate. It returns to the U.S. market after a 20 year absence. Edmunds.com Senior editor Bill Visnic says the return of this two-seat sportster shows Fiat Chrysler is anxious to regain a foothold in the lower end of the U.S. luxury market. SOUNDBITE: BILL VISNIC, SENIOR EDITOR, EDMUNDS.COM (ENGLISH) SAYING: "The bandwidth at the bottom is where a lot of the action is in the luxury market and in the premium segments so Alfa Romeo should fit in really well there as you start to work into the midrange of the premium market." Other luxury nameplates are taking on Tesla with plug-in models, such as the Cadillac ELR, Porsche Panamera, and the BMW i3 and i8. Ludwig Willisch is the head of BMW North America: SOUNDBITE: LUDWIG WILLISCH, PRESIDENT, BMW NORTH AMERICA (ENGLISH) SAYING: "It's a much more compelling offer from A to Z. And the i8 is tomorrow's supercar. If you look at the fact that it accelerates from 0 to 60 in a bit more than four seconds on the one hand, and goes up to 90 MPG - that's something that has not been accomplished so far by anybody else." Should Tesla be worried? Bill Viznic says the market for electric vehicles has a long way to go. SOUNDBITE: BILL VISNIC, SENIOR EDITOR, EDMUNDS.COM (ENGLISH) SAYING: "It's still a niche frankly and there's not a lot of volume there. So as everyone at once wants a presence there and establish their environmental credentials if you will, the hard case on the business is a little less compelling." Less glitzy, but more important to the average consumer: the hotly competitive mid-size sedans. Toyota refreshed its Camry, by taking its style up a notch. It comes at a crucial time because it has been America's best-selling car for the last 12 years, and it got momentarily eclipsed by the Nissan Altima earlier this year. And those Japanese automakers can't rest easy because Hyundai just showed off its updated Sonata. Now with winter's massive snowstorms in the rear-view mirror, consumers have returned to showrooms, bringing about a rebound in sales. Automakers see that momentum continuing into this month.

NY Auto Show: High style and hybrid hopes

Wednesday, Apr 16, 2014 - 02:56

Top News »

Investing 201 »

Arian Foster = BlackBerry? Arian Foster = BlackBerry?

Fri, Oct 25, 2013 - (3:16)

Don’t miss these red flags for IPOs Don’t miss these red flags for IPOs

Thu, Oct 10, 2013 - (2:34)

Copycat currency trading Copycat currency trading

Wed, Oct 02, 2013 - (2:28)

When to dump a winner When to dump a winner

Tue, Sep 24, 2013 - (1:55)

Where gold might again attract Jim Rogers Where gold might again attract Jim Rogers

Thu, Sep 19, 2013 - (2:05)

Why savings interest rates won't budge Why savings interest rates won't budge

Fri, Sep 13, 2013 - (2:09)

Buy local? ETFs try the trend Buy local? ETFs try the trend

Thu, Sep 05, 2013 - (2:42)

The better bond funds The better bond funds

Wed, Aug 07, 2013 - (2:40)

Best bargain in 40 years? European stocks Best bargain in 40 years? European stocks

Thu, Aug 01, 2013 - (2:24)

Invest like an activist Invest like an activist

Fri, Jul 26, 2013 - (2:49)

Money Clip »

3 things to do before disaster strikes 3 things to do before disaster strikes

Wed, Sep 18, 2013 - (1:39)

Your must-do money list Your must-do money list

Wed, Sep 11, 2013 - (1:24)

The worst "best" financial advice The worst "best" financial advice

Wed, Sep 04, 2013 - (1:42)

Forget gold: The case for REITs Forget gold: The case for REITs

Fri, Apr 26, 2013 - (1:19)

3 rules for buying a house now 3 rules for buying a house now

Thu, Apr 18, 2013 - (1:39)

“Stalking” your dream home - Money Clip “Stalking” your dream home - Money Clip

Wed, Mar 27, 2013 - (2:50)

3 hidden tax deductions - Money Clip 3 hidden tax deductions - Money Clip

Thu, Mar 21, 2013 - (1:33)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Moving Pictures »

Still missing – MH370 Still missing – MH370

Fri, Sep 05, 2014 - (2:05)

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Wed, Jul 02, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)