Welcome to the Daily 5 report for Wednesday, Feb. 5.
For the first time in what seems like forever, Detroit Auto Show organizers have released some attendance figures. They say the show's return to January spurred $370 million in economic impact and attracted more than 275,000 visitors over the 11-day event. The number marks the auto show's highest attendance since before the COVID-19 pandemic, a milestone organizers are "thrilled" to reach, but it's also a 60 percent slide from 2019 attendance, the last time the auto show took place in winter. That event brought in 724,354 ticketed visitors. Attendance figures for shows after 2019 have not been disclosed.
Sam Klemet, the show's executive director, said in a release that bringing the show back to January "felt like coming home; there was a sense of familiarity and community, of being right where we belong."
Nissan has done an about-face and decided to withdraw from its memorandum of understanding with Honda on pursuing a merger under a holding company, Japan's Nikkei business daily reported. Nissan had been discussing further integration following the automakers' announcement to discuss merging under a new company by August 2026. But talks broke down following Honda Motor Co.'s proposal to take a stake directly in Nissan Motor Co. and make Nissan a subsidiary of Honda, Nikkei reported Feb. 5. Japan's NHK public broadcaster reported Honda's proposal the previous day.
Meanwhile about 30 Toyota and Lexus dealers from across the United States were descending on Capitol Hill today, visiting federal legislators to try to convince them and the Trump administration to intercede and try to avoid what the dealers called "onerous" and "disruptive" new state-level mandates that go into broader effect in six states this fall. At issue are the mandates contained in California's Advanced Clean Cars program, requiring manufacturers to produce an increasing percentage of zero-emission vehicles through the 2035 model year and imposing a 35 percent electric vehicle sales mandate in six states beginning this fall with the introduction of the 2026 model year. Three Toyota dealers from ZEV states in different parts of the country talked about the industry's inability to meet the pending state-level mandates given current consumer demand for EVs. They also warned the mandates would damage their businesses and prevent consumers from being able to purchase the vehicle that best suits their needs.
Two stories you don't want to miss: Our very cool interactive map shows you where every car and light truck is built in the U.S., Canada and Mexico — extremely handy with all the tariff talk happening. And be sure to check out our story wrapping up January sales numbers.
That's it for now. Have a great rest of your day.
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— Wes Raynal, assistant web editor
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