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Author Archives: AutomotiveWorld

GM Sells More Than 250,000 Vehicles in China, Sets October Record

General Motors

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 ...

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Toyota Holds New ‘Auris’ Line-off Ceremony in U.K.

Toyota

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, ...

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Cumulative Toyota Production in Pakistan Reaches 500,000 Units

Toyota

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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Navistar Reports Closing Of Underwriters’ Election To Purchase Option Shares

Navistar

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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