It’s official: the American car market is back, and delivering the sort of sales figures that manufacturers with a keen presence in the US can start getting excited about again.

In the opening keynote speech to the Los Angeles motor show this morning, Jim Lentz, president of sales for Toyota America, revealed that the US market is likely to be worth 14.3 million sales this year, up 1.5 million on last year. That acceleration is likely to continue, too, with sales back to their best of 16 million within three years.

This confidence stands in stark contrast to the continuing and deepening concerns regarding the European market, and worries prompted by the Chinese slowdown, albeit to a ‘mere’ predicted growth rate of eight per cent a year.