Toyota Motor Corp.’s Lexus, no longer the top-seller of luxury vehicles in the U.S., will make reclaiming leadership tougher on itself by choosing not to chase German brands introducing cheaper cars, an executive said.
Toyota Motor Corp. and Nissan Motor Co. led U.S. sales gains for Asian automakers, topping analysts’ estimates with stronger-than-expected November deliveries that were buoyed by Black Friday shoppers.
Toyota Motor Corp.’s China sales surged in the first month since a territorial dispute between Asia’s two biggest economies resurfaced, showing Japanese brands are escaping the type of consumer backlash they faced last year over a group of uninhabited islands.
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.
Nissan Motor Co. will start selling Infiniti cars in Japan for the first time, 24 years after the luxury brand was born in the U.S., as it takes on high-end models from automakers including Daimler AG’s Mercedes-Benz.