These days, Detroit is all about showing it’s new. It’s different. That it’s learned from the past.
Then what happened at the New York Auto Show this week? Markets collided, and the winners are buyers of trucks, SUVs and even muscle cars, not investors hot for all things electric.
Major players transformed the Big Apple into a shameless celebration of size and horsepower. It’s more evidence that the emissions-free future touted by the industry and rewarded by traders is trumped by reality, that is: consumer demand, low interest rates and cheap gas.