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.
Toyota Motor Corp.’s Camry has outrun a recession, recalls and natural disasters to stay America’s best-selling car for more than a decade. Odds are worsening that it can keep the title next year as challengers gear up for another run at topping the mild-mannered sedan.
The 17 percent surge in U.S. auto sales last month pushed the annual rate to a pre-recession, boom-time level. Even more significant, Detroit automakers are reaping profits not seen since the turn of the century.
Toyota Motor Corp., seeking its best U.S. sales in four years, said it’s seeking to deliver more RAV4 crossovers, Tacoma trucks and a particular Camry sedan grade to dealers on stronger demand for the models than anticipated.
Ford Motor Co., the second-biggest U.S. automaker, named a new U.S. sales chief whose challenge will be to maintain a sales lead over Toyota Motor Corp. and its growing willingness to discount cars such as the Camry.
Toyota Motor Corp., after reporting slower growth in February, is boosting its U.S. auto market outlook on improving consumer confidence, a better economy and demand for Camry sedans and Prius hybrids.
Toyota Motor Corp., Asia’s largest automaker, expects to start reversing a U.S. sales slide that began in May after Japan’s earthquake as vehicle production rebounds and deliveries of the new Camry sedan expand.