Toyota Motor Corp. and Nissan Motor Co. led U.S. sales gains for Asian automakers, topping analysts’ estimates with stronger-than-expected November deliveries that were buoyed by Black Friday shoppers.
Tesla Motors Inc. rose the most in almost six months after its Model S electric car was cleared of any defect in a German review following three recent fires and two analysts said the events won’t hurt the business.
Toyota Motor Corp.’s top North American executive said the carmaker hasn’t decided to end a production deal that supplies it with 100,000 Camry sedans annually from Fuji Heavy Industries Ltd.’s U.S. Subaru plant.
Hyundai Motor Co., eager to move ahead of Honda Motor Co. and Toyota Motor Corp. in hydrogen- powered vehicles, plans a $499-a-month U.S. lease for its zero- emission Tucson crossover version that arrives in 2014.
Toyota Motor Corp.’s Camry, headed for a 12th straight year as the best-selling U.S. car, will get “significant attention” including freshened features to hold the title a 13th year, the brand’s U.S. sales chief said.
Ford Motor Co., trying to satisfy customer demands for more in-car gadgets, said technology companies must work in more open and flexible ways for Internet “connected-car” features to be as seamless as smartphone apps.