DETROIT, Michigan - The first major auto show of the new year has car manufacturers from around the world gathered in Detoit.
The 2013 Detroit Auto Show officially opens on Tuesady, but 21 News was in Detroit for a sneak peak of the show.
For car enthusiasts, the massive Cobo Convention Center has been transformed into a car lover's dream garage. The hall is filled with more than 500 vehicles in every shape, size, color and power train; including many that are being seen for the first time.
At this same show last year, 38 vehicles made their debut. This year that number is up to more than 50. It's just another sign of how the industry is changing
Long-time auto industry reporter Phil LeBeau of CNBC says the U.S. market has become hyper competitive.
"We'll see more new models rolled out in North America and in the United States in one year than we've ever seen. And that's a reflection of they can turn cars quicker and there more name plates in this market and they're trying to cut the market finer," LeBeau said.
It means a bigger, more diverse selection than ever for consumers, whether it's a luxury vehicle or an economical compact.
This year's show continues a trend toward more fuel efficient vehicles from hybrids to plug-ins.
Industry analyst David Cole says another continuing trend is the complete merger of the auto and electronics industries. "The ability to download apps into the car it's all very exciting," Cole said.
General Motors claimed Car of the Year honors with the Cadillac ATS. And will also be revealing the new Cadillac ELR which is a companion to the Chevrolet electric Volt.
Among the most anticipated debuts at the show was the seventh generation C7 Corvette Stingray. It's a 6.2 liter, 450 horse power V-8 that goes from 0-to-60 in under four seconds, but still offers 26 miles per gallon on the highway. It marks only the seventh significant styling change for the Vette in its 60 years.