Ford's unveiling of the 2015 F-150 was just one of the big events held on Monday in Detroit. The Motley Fool was on the scene. Photo credit: Ford Motor.

The North American International Auto Show, held every January in Detroit, is one of the world's biggest. It's huge, it's flashy, and it's where the biggest names in the business unveil some of their hottest products in front of the world's automotive media.

The Motley Fool Motor Money duo of Rex Moore and John Rosevear were on the scene as Day 1 of the show kicked off on Monday. Ford (NYSE:F) opened the proceedings with a bang, unveiling the all-new 2015 Ford F-150 before a huge audience in Joe Louis Arena, normally the home of the NHL's Detroit Red Wings.

Chrysler showed off the latest fruit of its pending merger with Italy's Fiat (NASDAQOTH:FIATY), the all-new 200 sedan. The 200 is based on underpinnings from Alfa Romeo -- but those underpinnings have been massaged into a promising new entry into America's fiercely fought midsize sedan wars.

Executives from General Motors (NYSE:GM) were clearly having a lot of fun at their big event: the reveal of the new Chevrolet Corvette Z06. The Z06 will look to build on the success of the new Corvette Stingray, introduced last year, with a new supercharged V8 that will be good for "at least" 625 horsepower. 

Toyota (NYSE:TM) surprised with a dramatic concept car. The Toyota FT1 concept was inspired by a video game, but it's not necessarily just a flight of fancy: It could be a preview of a future new Toyota Supra.

At the other end of the spectrum, Honda (NYSE:HMC) showed off its widely anticipated new Fit subcompact. The Fit is all new, with more dramatic styling and a spiffed-up interior -- but it keeps the same friendly formula that has made the Fit a favorite of critics and small-car buyers.

Check out this very special edition of Motor Money for the full scoop -- reported right from the show floor -- of Day 1 of the North American International Auto Show.

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Fool contributor John Rosevear owns shares of Ford and General Motors. Rex Moore has no position in any stocks mentioned. The Motley Fool recommends Ford and General Motors and owns shares of Ford. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.