Detroit Auto Show Preview with Jessica Caldwell from Edmunds
Jan 14, 2013|
Detroit Auto Show Preview with Jessica Caldwell from Edmunds
Transcript - will not be 100% accurate
We are now joined by Jessica Caldwell a senior analyst with Edmunds and Jessica how are you this morning. -- So digging into this Detroit auto show -- and I were talking a little bit earlier you know about about cars that interest us there and obviously a lot of the boys in the office this morning. Is from the new Corvette but what models are getting the most attention. From industry experts at this point as the show gets underway. Well you can't ignore on the court that I mean it's such an American icon by pat made big news. But I mean I'm you know every you know expect the market and point I think. I am not excited about -- eight Toyota Corolla compact and not much exciting vehicle but many people hot -- drive that's in part. -- all -- have a power and he can't separate it out. Act -- -- you're lets you know article and note of the art eight perhaps the most well I think that kind of oh. Absolutely and and obviously these shows also are a huge. Huge demonstration of new technologies so what types of new technologies. Are we seeing at this showed that are getting a lot of buzz is it related to fuel economy. Interiors what what's getting the most buzz in terms of individual features that we haven't seen before. Yeah -- mean. There going -- match and and -- is into the matter acting at cart and our own. And lately I mean a lot of eager I -- like groundbreaking yet occurred a lot of weight reduction in vehicle -- user alternative art ever -- And out and that -- Eric that are ilk on all of which helped. Now we've also been hearing a lot of buzz in the last couple really the last six months or so about some of these driver was cars that are in development and re seeing any of those at this show or is that something. That still kind of in the background. Still a bit in the background you know I -- in the entire planet are. Well we're talking about where the -- that I mean are coming back parking that the cart parallel park -- You don't -- injuries in your lane making sure your -- and pop back up their. While they're economist -- You know I think -- your map get people comfortable that I can't because we don't like control of where -- know what we're doing and where -- Talking with -- Caldwell a senior analyst from Edmonds and Jessica. Are there any concept cars that you know are pretty far up probably aren't going to be making it to the show -- but they're still getting a lot of attention from from attendees at this show right now. Current car note I don't. You know I united you know -- you past year you know really been out there. So you know before it -- -- the only sixteen and knowing you cars per -- -- a lot of concepts but back. A lot of activity at outback and -- on a regular production at not only in concept of the men now in new mall. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- And so if you -- there really. And nail this down to one company that this show is most important for what company would you say as the most either gain or lose with this year's Detroit auto show. Well I'd have to be you know I mean there and he came out nation under chat. We now but that's a big part of that. The court that I'll ever -- that are gonna come out Cadillac alarm which it. Eric black person on the ball and Huckabee -- North American -- you're Smart Aleck. Now RD you know they definitely have you know a lot going on here a lot on -- and the arts sport. You know art sport in the anchored out the fictional and I am an epic. Absolutely and and firfer listeners who are as familiar with this process how long does it typically take for a cart to get. From a show like this to production to eventually getting to a -- somewhere. Not really -- -- -- but it. The production anywhere from you know it'll be on -- a few weeks or you know and it -- you know on that -- it look like we're gonna opt in opt out today. I'll market -- you know quite a long time generally the pot that's current decline. And you know our driveway is -- -- -- I hear that. It's a long time. All right well. Just I appreciate you coming on what does this morning certainly a lot of news coming out of Detroit this week and -- -- -- definitely checking related to see what is going on if anything makes big news there. All right that was just a Caldwell a senior analyst from Edmonds and June. Again talking about this car so I don't know about you but. Cars of all they've always been something that the that if fascinated me in terms of you see all the unbelievable technology now that goes into the home. And there -- some really. Cool designs there is an if you missed the nine newscast with the Cadillac AT asks and the ram 15100 -- tip top honors. Acts you know at that show as it kicked off. Today so I love the Cadillac ETS the cadillacs and gorgeous they really yeah. Other and they're really nice looking cars at GM's -- great job on the design side of things making their cars finally have that distinctive look that they title lack. In the late 1990s early 2000 they looked a little cookie cutter at that point. And they finally have figured out the right way to Brandon and really develop them so that they really have a unique look to them that's pretty strong. -- do I know it it you know you see these cars on TV and in a newspaper every year at this auto show and it makes you wanna -- -- get a brand new. -- it's it's the worst there'll shiny they have all the lights on them what they do the right -- damage your -- because if you think about it between now and what march 1 that's the beat goes out. And buy new cars and also what -- you gonna be doing right now they're not outside playing golf for anything -- incited its time a year when you do complete a purchase like this not buying a home right now not to be running around open houses in the middle of winter yourself. It's it's -- very well and I think there's a lot of boys about some of these cars next year everyone that I've. That I've talked to. Is absolutely in love with this new Corvette. The Prius with the -- that used as a very. Very Vera Prius expert he has asked him. Guys unknown but he has we talk about his. He -- for the. A -- so I think that's what the one that's nominal odds right now well that was nice that they can both drive and fuel efficient manner. Wonderful I think he forced her it's have you ever seen very drive on the highway -- I've heard it's it's just 55 miles now powerful 55 miles an hour in order to maximize fuel economy and then for whatever reason. It accelerates as he gets off the highway so you're going through. You're coming on the overpass and you're you're holding on for dear life at that point just like you know man. As what you're saying. I don't why don't -- that's -- Those weren't my words are. Feel free to live describing how west -- However you see it coming up we are going to be talking with Katherine -- for Morningstar about some of her fund export 2013 that's coming up right here. On the financial exchange.