Automakers Toyota and Honda continue to face issues in the U.S. as they reported weaker-than-expected sales for October.
The sales of Toyota fell 8% on account of a shortage in supply of its Corolla cars, while Honda’s numbers fell 0.5% from a year earlier, BBC News reported.
The sales of both the Japan-based automobile companies have plunged in the U.S. after the tsunami and the quake hurt their production, the media reports said. Meanwhile, the sales of Nissan jumped 18% during the period.
Head of Toyota brand sales for the U.S, Bob Carter said, “I know I predicted at the start of this month that October sales would exceed year-ago levels. That was an aggressive goal.”
The car sales in the U.S surged by 7.5% during the month, with Volkswagen and Chrysler reporting the biggest gains with 40% and 27% respectively.
There are still concerns about the long-term prospects of the automobile sector, not least, due to fears of a meltdown in the US economy and the debt crisis in Europe.
Al Castingnetti, Nissan’s US sales chief, said that despite concerns of a global economic slowdown, car sales in the U.S. may hit their highest level in the last three months of the year.
Toyota is a multinational automaker headquartered in Toyota, Aichi, Japan. On the other hand, Honda is a Japanese public multinational corporation known as a manufacturer of motorcycles and automobiles.



