Detroit Bankruptcy Will Not Affect The 2014 Edition of the Motor Show
|   Wednesday, July 24, 2013
The beginning of every calendar year coincides for car fans with the onset of the most important auto show in the oversea market. It's about the Auto Show in Detroit, where all the major automakers, local, European or Asian, are coming together to exhibit the world premiere models.

After going through a difficult period in the early years of economic crisis, when faced with a mass absenteeism of the most important names in the European auto industry, the Auto Show from Detroit seems to be back on the threshold of disaster after the American city that is hosting announced its bankruptcy.


The decision of the city officials was controversial in the eyes of many government organizations but will not in any way affect the conduct of the 2014 edition of the Detroit Auto Show. The show will take place without any impediment. This is supported even by Rod Alberts, the Executive Director of NAIAS.

NAIAS Chairman Bob Shuman said show dates are nearly identical to those of the 2013 event, which showed to be popular with journalists and manufacturers (January 13-26, 2014). Shuman led the NAIAS executive committee at the Geneva International Motor Show, and was a guest of honor at the Seoul International Motor Show in South Korea, together with NAIAS Executive Director, Rod Alberts.

"We're extremely diligent about providing excellent customer service to patrons of the NAIAS," Shuman stated in a news release. "The two-week cushion between the holidays and our opening day is really appreciated by the thousands of people who cover, build and participate in the show."
"What we've heard from our manufacturer partners in the last several weeks is that they'll be bringing even more worldwide product introductions, new exhibits and automotive technology so the energy we saw here just a few months ago will increase dramatically. NAIAS 2014 will be an indicator of an increasingly confident, healthier automotive industry, and once again, all the industry news and excitement will be unveiled on the world stage right here in Detroit" added Shuman.

The following is a statement by Rod Alberts Executive Director of NAIAS:
"The Detroit Chapter 9 bankruptcy has been anticipated for some time and will have no impact on the North American International Auto Show (NAIAS). It was a good decision, given the state of affairs of the city over the past decade, and will give Detroit an opportunity to move forward by relieving the city of a legacy of liabilities — giving it a fresh start. That was the sole purpose. As for the NAIAS, quite interestingly, there is no impact.
Since Cobo Center became independent of the city and is managed and operated by a regional authority, no funding from the city is needed for Cobo. The NAIAS is also an independent organization and will not be impacted in our operation or funding, although we do work with all the city municipalities in the region, including the City of Detroit, and will continue to do so.

An interesting aspect of this, too, is the fact that we are soon to complete the third and final stage of the 300 million dollars renovation of Cobo this coming year. Again, this is because Cobo Convention Center is managed by a regional authority and is funded accordingly, with regional and state funds. The 2014 NAIAS will be as sensational as ever, and we look forward to boosting the region with 350 million dollars of annual economic impact to the Southeastern Michigan region."
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