Toyota Motor Corp. will crank up production of the Camry sedan, the top-selling U.S. car the last dozen years, at its Kentucky plant after it stops farming out some manufacturing to Fuji Heavy Industries Ltd.
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.
Toyota Motor Corp. was already counting on the revamped Camry to spark a U.S. sales rally. The carmaker’s flagship model is now under additional pressure as a stronger currency and Thailand’s floods cut into profit.
Ford Motor Co. Chief Executive Officer Alan Mulally has suggested that his stylish new Fusion sedan is seeking sales supremacy over Toyota Motor Corp.’s Camry. That’s not exactly what the boss wants, executives said.
Honda Motor Co. and Toyota Motor Corp.’s North American plants, stalled by parts shortages a year ago, are leading an industrywide assembly surge buoying cities from the Midwest to the deep South amid a languid U.S. economy.