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Recovering in Detroit

Signs of the recovery: Remember two years ago when some carmakers didn't even bother to show up for the Detroit auto show? The economy was in freefall. Dealerships were being shuttered. Interest was zilch. This week the buzz was back. Chrysler and GM announced plans to add more jobs. The mere fact that both GM and Chrysler returned to profitability is huge news. And Ford keeps rolling. With a promise to ad thousands of jobs in the next year and a line-up that is literally electric. Akio Toyoda, the CEO of Toyota Motors showed up for the first time ever as if to say, 'We're still in this game too.' And Detroit itself is showing signs of life. This week three major Detroit employers offered significant cash incentives for employees who chose to move into the city. Perhaps the 'Mo' is coming back to Motown.

Just a minute. I'm Harry Smith, CBS News.