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Interpreting recent trends in the US auto industry

Contradictory news articles about the US auto industry have appeared in recent days.

On the positive side:"Auto Sales Showed Powerful Gains Across the Board in June" (NYT 7/2/2013) and "A Revitalized Car Industry Cranks Up U.S. Exports" (WSJ 7/1/2013).  

On the negative side, however, we have: "With Mexican auto manufacturing boom, new worries" (WP 7/1/2013).

This is a brief attempt to reconcile these competing narratives.


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