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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South Korea's antitrust regulator will fine five auto parts firms, including Japan's Denso Corp, NGK Spark Plug and their local units, a total of 3.5 billion won ($3.2 million) for fixing prices and rigging bids for engine parts. The regulator's fine is the latest in a global crackdown on price-manipulation…

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Kia Motors said on Thursday that it plans to make its Forte compact and an unidentified small car targeted at the local market at its planned factory in Mexico. The South Korean automaker last year signed a deal to build its first Mexican factory, which will start production in the…

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Amtek Auto Ltd., the Indian car parts maker, is among companies in talks to acquire TRW Automotive Holdings Corp.’s suspension business, people familiar with the matter said. TRW, based in the Detroit suburb of Livonia, could get about $500 million for the unit, two of the people said. The sale…

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Ford Motor Co has invested $1 billion in a new plant in Gujarat which will help the automaker triple exports from India, chief executive Mark Fields told reporters on Thursday. Ford plans to make India an export hub for compact cars such as the EcoSport, a sub-four meter sports utility…

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Mercedes-Benz is recalling just over 30,000 CLS-Class cars in the U.S. because the LED tail lamps may not light properly on the sides. The recall covers certain 2015 CLS 400s, 2012 through 2015 CLS 550s, 2012 and 2013 CLS 63s and the 2014 and 2015 CLS 63P. Mercedes says in…

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Connecting with more customers worldwide over the Internet has helped Jim Butler Automotive Group grow revenue to $181.3 million in 2014, up from $166.7 million in 2013, according to CEO Brad Sowers. That digital effort will also help the company grow between 10 percent and 20 percent in 2015 as…

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In an effort to catch up with rivals General Motors and Volkswagen Group, Ford Motor Company said Tuesday its $760 million assembly plant is open for business in Hangzhou, China, 110 miles down the coast from Shanghai. The plant, built under Ford’s joint venture with Changan Automobile Group, is now…

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BIRMINGHAM-based GKN Driveline has nearly tripled the manufacturing capacity of its plant in China in response to the demands of the country’s automotive industry. GKN Chongqing Driveshaft (GDC), a joint venture between GKN HUAYU Driveline Systems (SDS) and China ChangAn Automobile Group, has added an extra 129,000 sq ft to…

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China National Chemical Corp (ChemChina) is to buy into Pirelli, the world's fifth-largest tyre maker, in a 7.1 billion-euro ($7.7 billion) deal that will put the 143-year-old Italian company in Chinese hands. The deal, agreed with Pirelli's top shareholders on Sunday, is the latest in a series of takeovers in…

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Nexteer Automotive, a Saginaw County based global tier one automotive supplier committed exclusively to wheel-to-wheel advanced steering and driveline systems, has received the Enterprise Technology Leadership Award from the Manufacturing Leadership Community. Nexteer received the recognition for its QAD Cloud Replacement of Legacy Systems project, a cloud-based enterprise resource planning…