

Each year, thousands of journalists arrive in Detroit to see the best and brightest concepts and production vehicles automakers have to offer. It's estimated that the Detroit Auto Show brings in $500 to $600 million dollars annually to the region, which is struggling more than most due to the global recession. For years, the City of Detroit has failed to expand Cobo, and each year there are threats that the NAIAS will be taken away from the Motor City. The state of Michigan has been working with executives from Wayne and Oakland counties and the city of Detroit to upgrade Cobo, but yesterday the Detroit City Council voted down the proposed plan by a five-three tally. The proposed expansion was to add a much needed 166,000-sq. ft. of floorspace at a cost of $288 million.
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