Honda Motor Co. and Toyota Motor Corp. led U.S. volume gains in July for Asia-based automakers as they battled for mid-size sedan sales leadership amid intense competition from Ford Motor Co. and Nissan Motor Co.
President Barack Obama has put $5 billion in taxpayer money behind his goal of having 1 million electric cars on U.S. roads by 2015. The Republican presidential ticket says it’s money wasted on “losers.”
Nissan Motor Co.’s struggle to move ahead of Honda Motor Co. in the U.S. hangs on the new Altima being shown today in New York. It’s designed to boost the sedan’s appeal after it passed Accord in 2011 to become the No. 2-selling car.
General Motors Co.’s Chevrolet Volt widened its lead as the top-selling U.S. rechargeable car this year and Toyota Motor Corp. expanded plug-in Prius deliveries as Nissan Motor Co. said it’s working to boost electric Leaf sales.