Automakers

Auto Show: Take a Look at Some Cars

Stock quotes in this article:HMC, TM, F 

DETROIT (TheStreet) -- At the Detroit Auto Show, which opened Monday, the auto industry is showing the new cars that it hopes will help to pull it out of an automotive depression.

Clearly, the outlook is brighter than it was a year ago, when the show was a bare-bones affair that led off what turned out to be the worst year for U.S. vehicle sales since 1982. Now, General Motors and Chrysler have emerged from bankruptcy as far stronger companies than they were a year ago, when they were awaiting bankruptcy. And Ford(F) has benefitted dramatically from avoiding bankruptcy.

Fuel efficiency is the byword here, and Cobo Center is filled with all manner of gasoline-saving hybrids, electric cars and battery-powered vehicles.

On Monday, Speaker of the House Nancy Pelosi was in attendance, fittingly, since the federal government is the primary owner of GM and Chrysler. She called the show "historic" and said: "If we're going to be a strong economy, we have to stop the erosion of the base."

Here are some of the cars drawing attention:

The Chevrolet Cruze will get 40 miles per gallon. GM says it has more interior space than the Honda Civic. Already on sale in Asia and Europe, it will be also be built in Ohio.

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,393.45 1,310.33 2,827.34 15.81
Oil *
101.78
DOWN
26.41
DOWN
2.99
DOWN
10.02
DOWN
0.44
10 Yr
1.58%
SPDR Gold
151.62
-0.21%
-0.23%
-0.35%
-2.71%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet