The all-new Lincoln MKX drew huge crowds when it was revealed in Detroit on Tuesday. Source: Ford Motor Company.

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.

Yesterday, we -- the Fool's John Rosevear and Rex Moore -- brought you the key highlights from day one of the show. We showed you Ford's (F 0.66%) blue-hot new GT, Acura's mad new NSX -- and the Chevy Bolt electric-car concept, which is exciting investors and consumers in a very different way.

GM global product chief Mark Reuss said on Tuesday that Cadillac's new CTS-V doesn't just compete with German luxury rivals, it beats them. Source: General Motors Company.

The events on Day 2 shifted a bit more toward luxury -- though there was plenty of performance too, as General Motors (GM -0.17%) executives introducing the hot new Cadillac CTS-V sedan threw down the gauntlet before the marque's dominant German rivals.

Meanwhile, Ford drew a huge crowd for a second day in a row as it unveiled its new Lincoln MKX SUV. The MKX, all-new for 2016, shares some underpinnings with the new Ford Edge -- but like its smaller MKC sibling, it's loaded with luxury features and Ford's latest technology.

Toyota Vice President Bill Fay unveiled the all-new Tacoma in Detroit. Source: Toyota

And Toyota (TM -1.35%) unveiled a hot new Lexus, the GS-F sedan -- but the big story from the Japanese giant was its all-new Tacoma pickup. The Tacoma is America's best-selling midsize pickup, and as Toyota executives explained, the new Tacoma is a very American product -- it was designed at Toyota's U.S. technical center in Ann Arbor, Michigan.

It's all here -- along with a few surprises -- in our video report from the show floor.