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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Aisan Auto Parts India (AAI), a subsidiary of Aisan Industry Co., Ltd., Japan, has inaugurated its auto parts production facility at Sri City today. Junji Hiramatsu, Managing Director AAI administered the dedication ceremony and declared the plant inaugurated in the presence of Nobuo Kobayashi, President, Aisan, Yamaguchi, Deputy MD, AAI,…

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Volkswagen starts production of the latest generation of dual-clutch gearboxes (DSG) at its new components plant at Tianjin in North China, the company stated in a media release. The plant built with an investment of 265 million in the first phase, will have an initial production capacity of 450,000 units…

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Two business expansion projects that are expected to generate nearly $22 million in investments and add up to 115 new jobs in Michigan were approved for Michigan Strategic Funds by the Michigan Economic Development Corporation. Mando America Corporation, a manufacturer of automotive braking, steering, suspension and chassis controls for major…

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The joint venture company, called Automotive Performance Materials (APM), will draw on the assets of France's industrial and agricultural sectors to develop industrial uses for natural fibres such as hemp. Through the joint venture, Interval will harvest and defibrate hemp and supply it to Automotive Performance Materials, which will transform…

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Chennai-based Rajsriya Automotive Industries, a tier-I supplier of sheet metal pressed parts is opening a new plant in Nalagarh, Himachal Pradesh in January in order to be at a location close to its largest customers, TVS Motor Company.  The Himachal Pradesh plant will supply products to TVS’s existing product in…

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 Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, announced today that it has completed the acquisition of a majority stake in The Around the Clock Freightliner Group ("ATC"), a heavy- and medium-duty truck dealership group located in Texas, Oklahoma and New Mexico.  Penske Automotive Group now owns…

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Zep Automotive, a unit of Zep Inc. , a leading consumable chemical packaged goods company that manufactures a wide variety of high-performance maintenance and cleaning chemicals, today announced that it was recognized with a Toyota Quality Alliance 2014 Platinum Supplier Award from Toyota Motor Sales, U.S.A., Inc. The Platinum Supplier…

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Country's largest two-wheeler maker Hero MotoCorp aims to enter European markets, including Italy, Spain and France, by end of next year, with the launch of its hybrid-scooter 'Leap' in these countries. In the first phase of its foray into Europe, the company plans to launch its products in Italy, Spain…

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Visteon Corp. said Monday it completed the largest phase of a deal to transfer its automotive interiors business to Dutch firm Reydel Automotive Holdings BV. Reydel is held by New York private investment firm Cerberus Capital Management LP, former owners of Chrysler. Under the terms of the deal, announced May…

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Car market leader Maruti Suzuki launched on Monday the cheapest ‘auto gear’ car in the country with the new Alto K10, which is priced at Rs 3.80 lakh for the variant fitted with the Automated Manual Transmission (AMT). The re-designed Alto K10, which offers a more powerful 1,000 cc petrol/CNG…