Automakers love concept cars and, as per usual, you’ll find an oddity or two at this week’s New York International Auto Show. Of those concept vehicles, few are unlikely to ever get off, or rather on, the ground.
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.
Ford Motor Co., the second-largest U.S. automaker, said U.S. industrywide auto sales will rise in the second half on greater availability of models and increased demand after reaching a low point in May and June.
Toyota Motor Corp., maker of the Camry sedans and Prius hybrids, led sales of Asian automakers higher in the U.S. last month, gaining market share as deliveries at General Motors Co. and Ford Motor Co. fell.
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.