U.S. Car Industry Is Coming Back from the Dead
Here's another reason that the U.S. car industry will expand output in the future:
It's the first time Toyota will export the U.S.-built Camry outside North America. Toyota faces cost pressures in Japan in assembling vehicles there because of the strength of the Japanese yen." (HT: Mike W.)
And car sales in China are booming for GM and Ford.
3. "GM today reported its November sales in China shot up at their fastest pace in ten months; Ford reported its sales in China are up 7 percent this year -- all proof that in these tough economic times, somebody somewhere is buying something. That would be: people in China are buying cars."