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Carmakers
tap American nostalgia for new vehicles to cross over a weaker
horizon
MICHAEL
ELLIS
DETROIT, JANUARY 7: With the
threat of weaker sales on the horizon, US automakers recalled
the happy days of the 1950s and 1960s on Sunday, tapping into
the current wave of American nostalgia by unveiling modern
versions of some of their most illustrious vehicles of the
past. As the Detroit auto show got under way, General Motors
Corp, the world’s largest automaker, resurrected the Chevrolet
Bel Air, a 1950s icon seen in many movies about the era, as
inspiration for a new two-door convertible ‘concept’ vehicle.
Like other concept cars, which automakers
exhibit at autoshows to test public reaction for possible
future models, the Bel Air may never go on sale. But it is
the latest offering from American automakers that recalls
the glory days when they dominated the market and the United
States seemed immune to foreign threats such as the September
11 attacks.
“We have so much heritage at brands
like Buick, Pontiac, Chevrolet and Cadillac, that why try
to be like the foreigners?” said GM vice-chairman Bob Lutz,
the former Chrysler executive hired last year to try to revive
GM’s vehicle designs.
Ford Motor Co, expected to unveil
a restructuring plan later this week as it comes off its first
annual earnings loss in a decade, also recalled better times
by unveiling an update of the Ford GT40 supercar which won
the prestigious Le Mans endurance race twice in the 1960s.
With auto sales expected to fall
moderately from last year’s near-record pace, auto executives
did their best to put a positive spin on their new offerings.
A second Ford concept truck—the Mighty F-350 TONKA pickup
— looked like a giant version of the canary yellow toy trucks
that millions of American children have steered through their
backyard sandboxes. Ford officials hinted that the Mighty
F-350 pickup, which lowers half a foot when the doors are
opened to allow easier entry or exit, may one day go on sale.
“What grown-up doesn’t want the ultimate
TONKA (toy)?” said Ford vice-president of Design J. Mays.
In an effort to show that it has shed its massive bureaucracy
and can move fast, GM showed a coupe and convertible version
of the Pontiac Solstice concept vehicle, which went from an
idea to a working vehicle in three months.
Also on the first day of the show,
foreign automakers continued their assault on American automaker’s
grip on sport utility vehicles, one of the fastest-growing
segments of the market. DaimlerChrysler AG unveiled the ChryslerPacifica,
a combination station wagon-sport utility vehicle that the
company believes could be as successful as its PT Cruiser,
the 1930s gangster-style vehicle that began the trend toward
‘retro’ looking vehicles when it was introduced here three
years ago. Chrysler executives said the company hopes to build
at least 130,000 Pacificas annually after it goes on sale
next year.
Honda Motor got on the SUV bandwagon with two new SUVs which
will go on sale in the next year.
The Honda Pilot, which is similar
to the company’s popular Acura MD-X SUV, is smaller than full-size
SUVs but still has a third row of seats. It goes on sale this
summer and Honda expects to sell 80,000 to 100,000 annually
of the eight-passenger Pilots.
Honda also announced that it will
make the Model X concept vehicle, a small five-passenger SUV
built to appeal to younger buyers in the market for a vehicle
priced under $20,000 that can carry all sorts of sporting
equipment. For drivers seeking a big SUV, Toyota Motor introduced
the Lexus GX 470, a full-size luxury SUV competing for wealthy
buyers. The GX 470 is set to go on sale next January with
a price tag between $45,000 and $50,000.
Lexus projects that it can sell at
least 20,000 of the Japanese-built midsize SUVs a year. The
model slots into the Lexus line-up between the popular RX
300 and the larger LX 470. Reuters.
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