The North American International Auto Show is by far the largest
in North America, but the small, aging facility that houses the
party is prompting automakers to ditch the event all-together. In response to news that
in bowing out of the 2009 show, the city of Detroit is rushing a $90M plan to increase floor space by 80,000 sq. ft. The move is seen as a stop-gap measure, with other more grand plans still on the way at a later date. With far superior facilities in New York, Chicago, and LA, Detroit may not have long to act.
For people in the Detroit area, the Cobo expansion has been a hot topic of conversation, but one that typically doesn't get beyond the talking stage. If area executives continue to try to one-up each other, argue and get nothing done, more automakers are likely to bow out in the future.
[Source: Detroit News]