There's a lot of good news coming out of the automobile space today. October earnings were released for both Ford (NYSE:F) and GM (NYSE:GM). We saw small cars being the big story for both manufacturers. While General Motors truck sales were a bit flat, as Blake notes, that's more a result of a new lineup coming down the pipeline in the near future, so many buyers are likely holding off until those land. 

Andrew Tonner owns shares of Ford. Blake Bos has no positions in the stocks mentioned above. The Motley Fool owns shares of Ford. Motley Fool newsletter services recommend Ford and General Motors Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.