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

Most Popular »

Money »

Apple hits $100 a share Apple hits $100 a share

Tue, Aug 19, 2014 - (2:06)

Nasdaq closes at 14-year high Nasdaq closes at 14-year high

Mon, Aug 18, 2014 - (2:23)

Putin puts Wall Street in buying mood Putin puts Wall Street in buying mood

Thu, Aug 14, 2014 - (2:10)

We've become a promotional culture-RetailMeNot's Bodge We've become a promotional...

Thu, Aug 14, 2014 - (4:39)

Dow back to positive territory for year Dow back to positive territory for year

Wed, Aug 13, 2014 - (2:18)

Markets cheer Russia's Ukraine exit Markets cheer Russia's Ukraine exit

Fri, Aug 08, 2014 - (1:50)

Russia, Iraq push Dow to three-month low Russia, Iraq push Dow to three-month low

Thu, Aug 07, 2014 - (2:27)

Wall Street gains but telecom disconnected Wall Street gains but telecom disconnected

Wed, Aug 06, 2014 - (2:28)

Stocks zapped by energy weakness Stocks zapped by energy weakness

Tue, Aug 05, 2014 - (2:46)

Stocks recover with refocus on earnings Stocks recover with refocus on earnings

Mon, Aug 04, 2014 - (2:19)

The S&P 500 suffers worst week in 2 years The S&P 500 suffers worst week in 2 years

Fri, Aug 01, 2014 - (2:41)

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, Jul 16, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, Jun 25, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, Jun 02, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, May 27, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, May 08, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, May 05, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, Apr 08, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, Mar 24, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, Mar 17, 2014 - (7:38)

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 »

"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)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, Jun 06, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, May 30, 2014 - (1:37)

The week that changed Boston The week that changed Boston

Mon, Apr 14, 2014 - (3:28)