For the first time in 20 years, each of the Detroit Big Three gained U.S. market share in the first quarter. What's driving these big gains for the home team? A leading Motley Fool contributor takes a closer look.
For the first time in a long time, Detroit is gaining ground: Ford (F 0.41%), General Motors (GM 0.46%), and Chrysler all posted gains in U.S. market share in the first quarter, with sales growth that outpaced the overall market.
What's going on? In this video, Fool.com contributor John Rosevear explains how it's all about the product – and also about some economic trends that especially favor Detroit's Big Three right now.
Motley Fool contributor John Rosevear owns shares of Ford and General Motors. Follow him on Twitter at @jrosevear. The Motley Fool recommends Ford and General Motors. The Motley Fool owns shares of Ford. 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.
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