Nissan, Kia U.S. Sales Jump as Toyota, Honda Fight Shortages
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Nissan Motor Co. and Kia Motors Corp. led U.S. sales gains for Asia-based auto brands in August as Toyota Motor Corp. and Honda Motor Co. continued to battle tight supplies months after Japan’s earthquake.
Nissan’s sales rose 19 percent from a year earlier, topping analysts’ estimates, and Kia’s gained 27 percent, according to company statements yesterday. Toyota, Asia’s largest carmaker, said deliveries dropped 13 percent, while Honda posted a decline of 24 percent. Industrywide U.S. sales grew 7.5 percent.