Detroit Auto Show 2012 - Special Report

Walk around the Detroit Auto Show and one thing stands out: America's automakers are coming on strong when it comes to cars.  Gone are the days when Detroit's cars lagged the sedans you saw from overseas. 

For the annual Car of the Year winner, named at the Detroit Auto Show, the bragging rights don't guarantee a sales boost,  reports the AP.

After three long and tumultuous years, there's a far different feeling about the Detroit Auto Show. For 2012, you could say, the buzz has returned. For automakers and auto fans, it's long overdue.

Ford, Hyundai and Nissan unveiled new models at the show, where fuel efficiency and electric cars were among the key highlights. Plus, Fiat & Chrysler's CEO on an upbeat and competitive auto sector.

Toyota USA President Jim Lentz forecasts retail gasoline prices exceeding $4 a gallon — good news for the hybrid maker. CNBC's Phil LeBeau discusses Toyota's 2012 growth strategy with Lentz.

BMW, Mercedes Benz and Porsche unveil new versions of key models at the auto show. CNBC's Phil LeBeau talked strategy with some of the top auto executives.

From Mustangs to Model Ts, car enthusiasts adore and collect American cult cars. What actually separates cult status from a mere collectible? And does reaching cult status really help car sales?