In a surprising upset this year by Honda in North America, it was announced that about 100,000 more Accords were built this year than Camry’s. When first reading this article we thought it suggested that Camry was loosing popularity due to the Accord. However, that’s not quite true.
Toyota and Honda, along with Nissan Motor (7201) Co., kept expanding North American vehicle and component plants as insulation against currency swings that can make imports unprofitable, and to avoid over-reliance on parts sourced overseas. Natural disasters in Asia in 2011 that shut down some parts makers led to weeks of stalled North American output for the companies.
Sorry Honda, it looks like Toyota still reigns supreme.
Read More: http://www.bloomberg.com/news/2014-01-22/honda-accord-output-tops-camry-in-north-america-expansion.html