Honda Motor Co.’s Accord beat Toyota Motor Corp.’s Camry in U.S. output and led in North American car production last year as Asia-based automakers set assembly records in the region amid rebounding sales.
Nissan Motor Co., the most prolific electric-car maker, plans to offer free rapid charges for its battery-powered Leaf hatchback for new customers in Texas, experimenting with a strategy pioneered by Tesla Motors Inc.
General Motors Co., trailing Nissan Motor Co. in electric-car sales, plans to boost output of its Chevrolet Volt to 5,000 a month as the automaker seeks to seize the lead and test consumers’ hunger for plug-in vehicles.
Honda Motor Co.’s Accord outsold Toyota Motor Corp.’s Camry, the perennial best-seller among cars in the U.S., last month as gains for resurgent U.S.-based automakers surpassed those of Japanese and South Korean brands.
When General Motors Co. announced plans in June 2008 to build the Chevrolet Volt plug-in hybrid, executives called it a “moon shot” intended to rocket past Toyota Motor Corp. in technology leadership. Now the car is a flash-point for concern.
Buyers of General Motors Co.’s 2011 Chevrolet Volt won’t get California’s $3,000 rebate for the most advanced cars while Toyota Motor Corp. ’s Prius plug-in hybrid that can’t drive as far without gas qualifies for an incentive.
Nissan Motor Co., with U.S. sales lagging the industry’s rebound this year, said it hired a former Chrysler Group LLC executive to run its namesake brand in the country after the departure of a long-time sales official.
The following companies may have unusual price changes in Japanese trading today. Stock symbols are in parentheses, and share prices are as of the latest close. The information in each item was released after markets shut, unless stated otherwise.
Toyota Motor Corp. expects assembly “interruptions” in North America and delayed sales of a new Prius model in its home market as the company grapples with the aftereffects of Japan’s strongest earthquake on record.