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.

Wednesday, Dec 23, 2015
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Yamaha has announced a recall on YZF-R1 and YZF-R1M superbikes in India too, following a global recall of the flagship superbikes over a fault in the gearbox. The recall was first announced in US and Canada and then extended over the world. Now, Yamaha's Indian arm, Yamaha Motor India Sales…

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Google is said to be in talks with automaker Ford Motor Co (F.N) to help build the Internet search company's autonomous cars, Automotive News reported, citing a person with knowledge of the project. The contract manufacturing deal, if finalised, is expected to come during the annual International Consumer Electronics Show…

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Automotive Lighting, the Magneti Marelli company, and Changchun Fudi Equipment Technology Development Co. LTD. , a Chinese investment company active in the automotive components industry, have signed an agreement to establish a joint venture (JV) for production and sale of automotive lighting systems. The name of the new entity will…

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U.S. auto safety regulators on Monday fined BMW $10 million, part of a $40 million civil settlement over the German automaker's safety lapses. The fine is the second paid by BMW since 2012 and the latest in a series of civil penalties imposed on major automakers by the National Highway…

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French automaker Renault announced on Monday that it has completed the acquisition of Lotus F1 Team on December 18. Renault said that the new team name, full management structure, team partners and other details will be announced during an event to be held in Paris in February. "In the interim,…

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Daimler India Commercial Vehicles, the 100% Indian subsidiary of the world's leading truck manufacturer Daimler AG, has announced the start of sales of the Mercedes-Benz coach - the SHD (super high deck) 2436 with the handing over of the first set of buses to a customer in Chennai. The luxury…

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On-demand bus aggregation platform Shuttl has secured $20 million (Rs 135 crore) in funding to strengthen its technology and for expansion, according to its co-founder Amit Singh. The funding round was led by Lightspeed Ventures and included Times Internet and existing investor Sequoia Capital. In June, Shuttl had raised $3…

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General Electric Co on Tuesday plans to sign a deal to sell a 23 percent stake in South Korean auto finance firm Hyundai Capital to the latter's majority owner, Hyundai Motor (005380.KS), and affiliate Kia Motors (000270.KS) for about 800 billion won ($679 million), domestic media reported on Monday. Hyundai…

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Mercedes-Benz Malaysia will be looking to invest a further RM200 million until end-2016 to enhance its retail network to deepen the group’s presence nationwide, as Malaysia currently represents the biggest market for Mercedes-Benz passenger cars in Southeast Asia, according to the company. The German automaker has invested over RM250 million…

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German auto component manufacturer Bosch has developed a new light weight lithium ion battery for motorcycles, scooters, quads and jet skis. The battery named as M Lithium weighs one third of the weight of comparable lead-acid batteries, the company said in a press statement. It also features a deep-cycle resistance…