For the first time since 1993 the Detroit 3 have all gained market share in the U.S. In the first quarter of 2013 Ford, GM and Chrysler gained 0.7, 0.5 and 0.2 percentage points of market share and the total percentage of U.S. market share that the three possess is 45.6%. The companies are succeeding because of company restructuring and an increase in vehicle quality which is improving the perception of the automakers in the eyes of the baby boomer generation. The success in the U.S. coincides with higher automobile demand and a forecast that has sales of vehicles rising by 1.1 million this year.One worry for the Detroit 3 will be the weakening of the yen which is continued to be pushed by Prime Minister Abe. The weakened yen is allowing Japanese companies to lower prices and stay competitive. Nissan in particular has done well the first quarter and increased sales by nearly 30%. Is this first quarter success a sign of things to come or a temporary hiccup in foreign automaker dominance?
[2nd graph added by the prof]