Big 3 All Gain Market Share For The First Time In Over 20 Yrs.

Are the US auto makers on the come back trail?  It is a question worth asking with today’s announcement that all three have gained market share for the first time in over 20 years.  Even though I supported the bailout I still would not say that this is proof positive that it was worth it but I would say that this is a big step in the right direction.  There is no doubt that the Big 3 automakers are making better product than they have made in a long time.  The real question is can they sustain this new-found momentum and build on it or will this be a small blip in the near continuous 30 year plus fall in market share?  The one thing that does give hope is that these numbers are not skewed by the Japanese Tsunami that put a terrible dent in the Japanese auto manufacturers numbers.  Rather the Japanese manufacturers have already had their expected big recoveries and so we can say that it appears the Detroit 3 actually earned this.  Here is to hoping that this represents a new renaissance in American auto manufacturing.


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