Honda Motor Co.’s Accord beat Toyota Motor Corp.’s Camry in U.S. output and led in North American car production last year as Asia-based automakers set assembly records in the region amid rebounding sales.
Honda Motor Co., which makes two of the three cars with the highest North American production levels, became a net U.S. exporter for the first time in 2013, shipping more vehicles overseas than it brought in from Japan.
Honda Motor Co.’s 2013 Accord, the revamped version of the longest-selling U.S. midsize car, debuts this month as the company seeks to speed its sales recovery and recapture a reputation for benchmark vehicles.
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.
Toyota Motor Corp. plans to resume production of the Prius and two other hybrid models in Japan as the nation’s automakers work to restart operations after an earthquake and tsunami idled plants for two weeks.
Honda Motor Co. and Toyota Motor Corp. plummeted in a survey on relations with suppliers, while gains by Chrysler Group LLC and General Motors Co. helped close the gap between top and bottom performers.
Plans by Toyota Motor Corp. and Honda Motor Co. to run factories overtime to recoup production lost to parts shortages caused by Japan’s earthquake may be delayed until early 2012 because of flooding in Thailand.