Automotive World Information and networking for auto industry professionals

General Motors and its joint ventures sold an October-record 251,812 vehicles in China. Sales were up 14.3 percent on an annual basis, as GM’s major brands in China reached new highs for the month. During the first 10 months of 2012, GM and its joint ventures sold 2,333,624 vehicles in ...

Toyota Motor Corporation (TMC) announces that Toyota Motor Manufacturing (UK) Ltd. (TMUK), TMC’s vehicle manufacturing company in the United Kingdom, held a line-off ceremony today at its plant in Burnaston, England to mark the start of production of the new “Auris” compact hatchback. The ceremony was attended by many guests, ...

Toyota Motor Corporation (TMC) announces that Indus Motor Company Limited (IMC), TMC’s joint-venture production and sales company in Pakistan established with the House of Habib (HOH), held a ceremony at its plant in Karachi today to mark cumulative production of 500,000 vehicles. Attendees of the ceremony included Pakistan Minister of ...

Toyota Motor Corporation (TMC) announces its financial results today for the six months ended September 30, 2012. On a consolidated basis, net revenues for the first half of the fiscal year totaled 10.9 trillion yen, an increase of 36.1 percent compared to the same period last fiscal year.  Operating income ...

Philippe Varin, Chairman of the Managing Board of PSA Peugeot Citroën, and Vladimir Yakunin, President of JSC Russian Railways (RZD), signed a contract on Monday, 5 November 2012 concerning the sale of shares representing 75% of the capital and voting rights of GEFCO S.A., the parent company of the GEFCO ...

Navistar International Corporation (NYSE: NAV) announced today the closing of the sale of 763,534 shares of common stock pursuant to the underwriters’ election to purchase option shares under Section 2(a) of the Underwriting Agreement in connection with the previously announced public offering of 10,666,666 shares of the company’s common stock ...

Five years ago, Ford Motor Company and Microsoft came together to launch the benchmark for in-vehicle connectivity systems with the introduction of SYNC. Today at the GigaOM Roadmap Conference, Ford CTO Paul Mascarenas and Microsoft Windows Embedded General Manager Kevin Dallas announced the 5-millionth vehicle equipped with SYNC has been ...