With the focus shifting from Western nations to more emerging markets, the big automakers are following a very careful and cautious strategy. And that was evident in the Paris Auto Show.

But as more hopes come from the emerging nation despite the economic crisis, there was also a feeling of optimism that could be seemed around. Making this stand clearer, the CEO of Fiat SpA, Sergio Marchionne said that this was the first time after a long time that some feeling of growth and not dismay could be seen.

He also pointed out that the attitude of the carmakers has changed and for good.

And as the European autoshow was to begin, many of the auto manufacturers of US and Europe came forward to say that the while the risks have gone up tremendously so has been the opportunities and requirements to develop something new and unique.

Carlos Ghosn, chief executive of Renault and Nissan Motors that witnessed a fall in sales was positive that within the next two years, sales will be going up by 2-3 per cent.