Look behind the dollars, however, and the news isn't so encouraging. After seemingly stabilizing their 2011 home-market positions, General Motors and Ford are losing market share again. The losses highlight some familiar facts: Outside of some traditional domestic strengths like pickup trucks and pony cars, Detroit is having a hard time competing head-to-head against ever-strengthening foreign competitors.
Whether the slump is temporary or the continuation of a five-decade slide isn't clear yet. Some see the U.S. market increasingly coming to mirror Europe's of the 1990s, when six automakers each controlled a similar share of the business. Regardless, it means that Detroit has to shore up its core model lines while it fights off competitors in battleground segments like mid-size sedans and small crossovers. Some sources of worry:
Most car guys would deny it, but autos are partly a fashion business. Here are 10 autos that are ready for a full makeover.
|Natural gas discovery could be largest ever|
|Comcast's super-fast cable Internet is coming|
|Can the global gloom sink the U.S. economy?|
|What really happened between Jorge Ramos and Donald Trump|
|Verizon will let you keep your contract - but you shouldn't|