Well, from a classic American company to a classic industry. It turns out automobiles are improving, so much so in fact, that the U.S. seems to be entering a golden age of vehicle quality and reliability.
Michigan Radio's Tracy Samilton has this story about the demise of the lemon.
Seventy years ago, 70 percent of U.S.-made cars came with a stick shift. The number is less than 9 percent today.
But at least one man is on a quest to reverse that slide.
Eddie Alterman loves automobiles. He's a gear head. He's the top editor at Car and Driver magazine. His whole career, he has watched the sales of cars with stick shifts decline. And when Ferrari failed to offer a manual option for the new 458 Italia, he said, enough's enough. Basta.
Workers build cars on the assembly line at the Ford Motor Co.'s Michigan Assembly Plant in Wayne, Mich., in December. As auto sales boom, parts suppliers are having a tough time finding the labor they need to catch up, having lost workers during the recession.
Detroit automakers are creating thousands of new jobs amid a sales boom. And as they expand, their suppliers are racing to keep up, adding tens of thousands of new jobs.
At Bridgewater Interiors in Warren, Mich., for example, the pace is intense. Hundreds of union employees scurry to fill a growing list of orders. The factory floor is packed with stacks of foam cushions, seat covers and headrests.
General Motors made a record-breaking profit last year. And to date, taxpayers have recovered close to half the $50 billion federal investment in the company. So the auto bailout worked, right? Wrong, say Republican presidential candidates, who insist the bailout was a huge mistake.
At the 2012 North American International Auto Show, it's clear that the industry's love affair with alpha-numeric designations hasn't waned. There's the ATS, the 700C, the MKZ. Now comes the CTX, a new line of Craftsman riding lawn mowers. They are fast, powerful and loaded with amenities.
"Everybody knows that Detroit's the national stage for cars — Motor City is where autos come from. So this show made perfect sense to come here and launch the tractor," says Onney Crawley, Craftsman's director of brand management for lawn and garden.