Nissan Motor Co. led February U.S. sales gains for Asia-based carmakers, with its Altima passing Toyota Motor Corp.’s Camry so far this year amid severe winter weather that again was blamed for chilling demand.
General Motors Co. and Ford Motor Co., the largest U.S. automakers, reported deeper declines in deliveries than analysts estimated as the coldest January in two decades kept some shoppers from dealerships.
Toyota Motor Corp. and Honda Motor Co. reported lower U.S. sales than analysts estimated as the coldest January in 20 years contributed to a drop in deliveries for most Asia-based automakers and the industry.
Saudis driving F-150 pickup trucks and Chinese coveting Jeep sport-utility vehicles mean more automobiles are filling up ships leaving U.S. ports, boosting revenue for vessel operators including Wilh. Wilhelmsen ASA.
Subaru, the auto unit of Fuji Heavy Industries Ltd., added the most U.S. market share of any foreign carmaker last year as the brand long known for quirky all-wheel- drive vehicles continued to win more mass-market fans.
Charlee Smith said he sees Toyota Motor Corp.’s Camry and Honda Motor Co.’s Accord all over California and their styling makes him think “appliance.” To stand out, he picked a gas-electric hybrid with a grille that evokes British sports cars, buying a Ford Motor Co. Fusion.
A sluggish December failed to derail the U.S. auto industry’s best year since 2007, as sales of Ford Motor Co.’s Fusion surged to a record, Chrysler Group LLC posted its 45th straight month of sales increases and General Motors Co.’s Cadillac cars soared 48 percent.
Honda Motor Co. said its U.S. sales are growing in October, defying analysts’ projections. That may drive industrywide deliveries to exceed the average outlook, already anticipated as the best in eight months.