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.
Consumer Reports pulled its recommendation for Toyota Motor Corp.’s Camry sedan and said post-bankruptcy General Motors Co. is among the automakers cracking Japanese brands’ dominance in fielding reliable cars.
Japanese stocks rose for a second day on lower-than-average trading volume, with the Topix index extending a three-week high, before the U.S. releases jobs data that was delayed by the government shutdown.
Tesla Motors Inc., the electric-car maker led by Elon Musk, was the top seller of California zero- emission vehicle credits in the past year as Toyota Motor Corp. led hybrid-car credit trades, according to a state tally.
Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co., Japan’s Big Three carmakers, all reported U.S. sales declines in September with tight supplies of some models after August’s surge and fewer weekend selling days.
Japanese shares rose, with the Topix index posting its longest winning streak in three months, as paper makers surged and amid optimism U.S. lawmakers will reach a deal to avoid breaching the debt ceiling.