The North American International Auto Show may be in trouble. The Detroit City Council voted 5-3 to disapprove the transfer of the Cobo Center to regional authority. The move puts a stop to the $288 million expansion project and renovation approved by the Michigan Legislature last year. There is no word whether Detroit Mayor Ken Cockrel Jr. will use a veto as an option.
Co-chairman of the Detroit Auto Show, Doug Fox, said that he and his group are meeting with German automakers at the Geneva Motor Show next week, reports Automotive News. He said most of those German automakers have committed to the Detroit Auto Show but expansion and renovation are necessary incentives for those manufacturers.
He said that German companies are responsible for about 30 percent of the Detroit Auto Show floor space and about 40 percent of the dollars spent to exhibit at the show. He said that if Detroit loses key German automakers it could lose its spot as the no.1 auto show in the U.S.