Ford, GM Bring Their 'A' Game

DETROIT (TheStreet) -- Hold your head up, Detroit: New offerings from Ford F and General Motors have your back. That declaration would've elicited a spit take in November 2008, when bloated brands and outdated, redundant models helped drive Ford's stock price down to $1.39, and GM was weathering a 23% sales collapse that would lead to liquidation, brand dissolution and government intervention. Almost two years later, a spate of innovation by the two most visible members of the Big Three (still waiting for more than the 2011 Jeep Grand Cherokee from Chrysler) is bringing rare optimism to the Motor City. In fighting shape after dropping the Mercury brand and bolstering offerings like the new Taurus and Fusion hybrid, Ford's sales are up 5% from last year's "cash for clunkers"-fueled numbers while market share increased for the 21st time in two years last month. To read the rest, head over to TheStreet.com