Detroit's Big Three Face Significant Problems and Big Loses in Europe

All in all, the US automotive industry is in a very good shape, especially if you consider that three years ago General Motors and Chrysler were one step before closing shop.

General Motors, helped by a raft of new products and Toyota’s production problems, is once again the world’s number one car manufacturer. The Pentastar has tied up with Fiat – and even though the latter was thought to be the knight in shining armor, now it is Chrysler that is bringing in the profits while its Italian partner is struggling.

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