AutomotiveWorld
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Cumulative Toyota Production in Pakistan Reaches 500,000 Units
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…
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News Releases
Toyota Motor Corporation Announces First Half Fiscal Year 2013 Financial Results
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…
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PSA Peugeot Citroën and JSC Russian Railways (RZD) sign a contract to sell a 75% interest in GEFCO
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…
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News Releases
Navistar Reports Closing Of Underwriters’ Election To Purchase Option Shares
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…
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Ford, Microsoft Celebrate Five Years of In-Car Connectivity Leadership with 5 Millionth SYNC-Equipped Vehicle
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…
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