U.S. auto sales are up. Toyota’s in trouble. Manufacturing is on the move. We’ll look at the global auto industry.
We’ve got hot sales numbers this week out of the U.S. auto industry.
Big gains over a year ago. Whupping Toyota. Leading with small cars. It sounds like headlines out of some alternative universe, but it’s real.
The global auto business is changing, rapidly. Tsunami and Toyota’s recall issues have hit Japanese automakers. Korea is coming on strong. U.S. automakers have slipped past bailout and bankruptcy to mount a comeback. China is the big new market.
This hour On Point: U.S. automakers, retooling — maybe reviving — in a global market.
- Tom Ashbrook
Michelle Krebs, senior industry analyst at auto information website Edmunds.com.
Neal Boudette, Detroit bureau chief for the Wall Street Journal.
Maryann Keller, an analyst of the auto industry since 1972 and president of Maryann Keller & Associates. Author of “Rude Awakening: The Rise, Fall and Struggle for Recovery of General Motors” and “Collision: GM, Toyota, Volkswagen and The Race to Own the 21st Century.”
This program aired on May 5, 2011.