The Twin Cities Auto Show, Minnesota’s largest annual consumer show, today released and economic impact study that estimates show increases the spending in the local economy by $19 million each year.
The economic study was conducted by University of Minnesota Economics Professor Amil Petrin. Doctor Petrin has been an Economics Professor at the University of Minnesota since 2007 and earned his Ph.D. at the University of Michigan in 2998.
“This is an important event for our organization and this region”, said Barb Hilbert, the GMADA Vice Chair and the Luther Auto Group’s CFO. “The study data helps us all better understand the impact and what these shows and events mean to the community. We work hard each year to make this show something that is very special. The results of the study are another way to see the overall results.”
At the same time the Twin Cities Auto Show announced plans to add the National Truck Summit to its annual March 2020 event. The National Truck Summit will build on the auto show’s success and partner with Automotive News in 2020 to bring a focus on consumer’s growing love of Trucks, SUV’s and Crossovers.
The National Truck Summit will be held on March 6th, one day before the opening of the Twin Cities Auto Show, which will run from March 7-15, 2020. It will include consumer focus groups for manufacturers, new truck products, a luncheon hosted by Automotive News Publisher Jason Stein, and demonstrations of truck capabilities.
About the Twin Cities Auto Show
Now in its 47th year; the Twin Cities Auto Show, presented by the Greater Metro Auto Dealers Association, brings together auto retailers from across the region and includes more than 625 vehicles from more that 35 brands.
About Automotive News
The Mission of Automotive News is to help business leaders better navigate the powerful and complex automotive industry. Founded in 1925, Automotive News is recognized globally for its authority, integrity and clear reporting on B2B issues related to automotive manufacturers, original equipment suppliers, franchised dealers and others allied with the industry.
http://twincitiesautoshow.com
https://www.autonews.com
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