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, 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.
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.
Toyota Motor Corp.’s Camry, the best-selling car in the U.S. for 11 straight years, will keep its lead in 2013 over competing midsize sedans from Honda Motor Co. and Ford Motor Co., Toyota’s U.S. sales chief said.
Cautious consumers are slowing auto demand, a trend that won’t clear up until after the November presidential election, said Jim Lentz, chief executive officer of the U.S. sales arm of Toyota Motor Corp., which took back the global auto-sales lead in 2012’s first half.
David Kelleher used to struggle to sell one or two Sebrings a month at his Chrysler store. After four nearby dealers shut and the automaker emerged from bankruptcy with better cars, he’s spending $2 million to expand.
Toyota Motor Corp., the biggest seller of gasoline-electric cars, said U.S. Prius sales will climb more than 60 percent to a record this year, helped by the introduction of a smaller version of the hybrid hatchback.
Toyota Motor Corp., headed for its best U.S. sales in four years, will grow throughout 2013 on demand for Prius hybrids and revamped models including a new RAV4 sport-utility vehicle, the company’s U.S. sales chief said.
Toyota Motor Corp. ’s U.S. sales chief said many owners still ignore warnings not to stack floor mats beneath accelerator pedals and wants dealers to familiarize buyers with model features so they’re not mistaken for flaws.