The fantastic opening of North American International Auto Show by the Secretary of Transportation Ray LaHood was in Detroit on Monday.  The highlight of this announcement is the resurrection of the American auto industry. From the time when Chrysler and GM emerged from bankruptcy in June of 2009, the auto industry has added nearly up to 1, 70,000 jobs that is the best age of job growth for the industry in more than a decade.

When United States President Obama took the administration the American auto industry was shedding jobs by the hundreds of thousands where GM and Chrysler faced the possibility of liquidation which result have caused at least 1 million more jobs to be lost. The President prepared the tough choice to help and provide the auto industry the temporary support it looked-for to grow and prosper.

At the moment, GM and Chrysler have reimbursed their government loans. The well efficient and dedicated automakers namely GM, Ford, and Chrysler are all adding jobs, like to generate profit, and investing more dollars in their U.S. facilities. Auto sales go up in December for the seventh following month and GM, Chrysler, and Ford saw their market share rose to over 47 percent in 2011 at the second straight year that Detroit add market share against their foreign competitors, something that had not earlier occurred since 1995.