Toyota Motor Corp.'s U.S. sales fell for the second month in row in October behind weaker car and truck deliveries. Hyundai posted an 8 percent gain. Overall, U.S. light-vehicle deliveries are forecast to rise slightly in October, helped by an extra selling day and fatter discounts, according to analysts.
Renault Chairman Jean-Dominique Senard is under increasing pressure to fix the company’s relationship with ally Nissan after its other potential partner Fiat Chrysler picked a rival suitor.
Hyundai’s U.S. sales rose 8 percent to 57,094 last month behind strong retail demand for the brand’s expanded crossover lineup. Overall, U.S. light-vehicle deliveries are forecast to rise slightly in October, helped by an extra selling day and fatter discounts, according to analysts.
The two lawsuits, brought by California and 22 other states and environmental groups in September, challenge the administration's determination in September that California cannot set vehicle emission standards and zero-emission vehicle mandates.
Nissan says its new CEO, Makoto Uchida, will take the helm on Dec. 1, ushering in a new leadership team tasked with rebuilding the scandal-tainted automaker.
Mazda returned to profit in the latest quarter as earnings from a richer mix of higher-margin products and scaled-back incentives offset slipping unit sales.
