NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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German luxury carmaker Mercedes-Benz today launched CLA Class sedan, priced in the range of Rs 31.5-35.9 lakh (ex-showroom Delhi), to further strengthen its position in the country. The car will be available in both diesel and petrol options in three variants with prices ranging from Rs 31.5 lakh to and…

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Honda Motorcycle & Scooter India (HMSI) today tied up with Shriram Automall India for selling pre-owned two-wheelers in the country. Through the tie-up, the partners aim to sell 3.5 lakh two wheeler units in the next three years. "At present the industry lacks an organised and reliable structure. Through this…

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MSD Performance Group, or MSDP, a large El Paso auto-parts manufacturer, has acquired ACCEL Performance Group, another auto-parts manufacturer in Cleveland. "The acquisition of ACCEL significantly enhances our position in ignition technology and allows MSDP to expand our product portfolio aimed squarely at diehard racing and street performance enthusiasts," Rick…

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Auto component manufacturer Varroc has partnered with UK based Scorpion Automotive to provide security based products specially for two wheelers. This collaboration was assisted by UK Trade & Investment (UKTI), which worked with Scorpion Automotive UK for three years, including advising on strategy for market entry into India. However, both…

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Canadian auto parts supplier ABC Group has unveiled plans to set up a new production facility in Bydgoszcz. Poland’s north-western part, reports local news agency PAP. The plant is to make various car parts with the use of plastics and other materials. Under the plan, ABC Group is to take…

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U.S.-based-Johnson Controls Inc. has announced plans to open a second global headquarters, in Shanghai, China. The new headquarters will open in 2017, and is intended to “fuel growth opportunities across the Asia-Pacific region”, Johnson Controls said in a statement – particularly in the automotive sector. “As the largest automotive and…

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Kiekert AG, the global technology leader in automotive locking systems, has developed an industry-first LED door latch with a variety of unique safety, security and product-branding features. Compared to conventional warning-light systems, Kiekert's new system has an LED warning light built into the latch itself. The LED light is more…

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The Indiana Economic Development Corporation (IEDC), Town of Speedway, Ind., and the Speedway Redevelopment Commission (SRC) gathered together on Jan. 15 to sign a purchase agreement with OMR Automotive for the construction of a $10 million, 43,000-square-foot production facility on a 5-acre lot in Speedway. Established in 1919, OMR is…

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Auto components maker Luman Industries today formed a 50:50 joint venture with Germany's Hengst SE & Co to manufacture filtration modules for passenger and commercial vehicles.  The JV firm, Hengst Luman India, would manufacture the filter modules at its manufacturing facility in the Capital.  "The expected investment in this JV…

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Madras Rubber Factory (MRF), India's largest tyre manufacturer is in advance discussion with BK Birla flagship Kesoram Industries to acquire its main tyre unit out of the two of Birla Tyres for a value that's far higher than the market capitalization of the entire diversified Birla conglomerate, said multiple sources…