2012 Los Angeles Auto Show Points To More Limo Choices

Posted on December 5, 2012 by

Speaking to a room packed with automotive journalists and industry executives, Jim Lentz, president and CEO of Toyota Motor Sales USA, explained that the auto industry is gaining momentum because of economic factors.
He cited the growth of the economy (U.S. GDP grew 2.7% in Q3 2012) as a good sign of the industry's ability to sustain growth. He forecasted that 2012 could see a total of 14.3 million new vehicles sold, “or possibly a little higher,” and that sales will reach 16 million over the next few years, especially as younger buyers return to the market.
“Unemployment dropped to a three-and-a-half year low, consumer confidence jumped to a five-year high, and the housing market seems to be turning the corner,” Lentz said. “There are a lot of positives helping drive optimism and sales, and all the automakers are showing revitalized momentum.”
As the auto industry regains its strength, it also regains its ability to invest more in research and development. “We will see new types of mobility...cleaner, more efficient vehicles, and safer cars,” Lentz said.
So what does this mean for the limousine industry? Well, as we can see from vehicle-buying trends of this past year, it means more options. All manufacturers are putting their best foot forward with advancements in efficient powertrains, improved safety features, stylish exterior designs, valuable interior amenities and clever technological integrations.
As the economy and industry grow, manufacturers should continue to churn out updated and upgraded iterations of their limousine-ready vehicles that will meet and exceed the needs of both chauffeur and passenger. When I say “limousine-ready,” I don't necessarily mean “ready to be stretched,” but rather, “ready for use as a chauffeured vehicle.”
(Click here for LCT Magazine publisher Sara Eastwood-McLean's call to reclaim the cachet and elegance of the word "limousine").
Vehicle and fleet diversity will remain a reality so long as manufacturers stay competitive, insightful and passionate about making vehicles that are more than just tools to get someone from point A to point B. That is wonderful for the limousine industry because, after all, limousine service exists to provide an experience much more than just getting from point A to point B.
— Michael Campos, LCT associate editor

View comments or post a comment on this story. (0 Comments)

More LCT Blog Blog Posts

September 25, 2017

Why LCT East Will Take Your Business To Higher Levels

Limo U. founder Bill Faeth offers attendees a game-changing opportunity at the trade show Nov. 5 in Atlantic City.

September 22, 2017

Dealing With Weird And Bizarre Passenger Requests

One party of girls wanted to be smacked upside the backside every time they exited the limousine.

September 13, 2017

Create A Handbook Your Employees Will Actually Read

Black and white words on a page are boring and uninspiring; here are some things to consider when creating a how-to guide for your company.

August 29, 2017

Billy The Coach: How To Plan And Prepare For Success

The LCT Summit keynoter starts contributing this week to our blog by asking: What is it you want bad enough to work for?

August 16, 2017

Don’t Let Poor Grammar, Spelling, And Punctuation Ruin Your Image

You are what you write. Make sure you leave a good business impression, especially on social media.

See More

Facebook Comments ()

Comments (0)

Post a Comment



See More

LCT Store

LCT Magazine - September 2017 $12.95 MOTORCOACH / BUS ISSUE COVER STORY: * Irizar Racks Up A Good Rookie Year * *


Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment



Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close