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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PSA Peugeot Citroën, Europe's second largest carmaker, and computer services supplier IBM, said on Wednesday they agreed to a partnership deal for connected car services that go beyond current navigation and infotainment offerings. Financial terms of the new, seven-year deal were not disclosed. The agreement to develop new types of…

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A Chinese regulator has fined Mercedes Benz 350 million yuan ($57 million) on price-fixing charges in a probe of the auto industry that has prompted complaints foreign automakers are being treated unfairly. The price bureau in the eastern province of Jiangsu said Thursday the unit of Germany's Daimler AG was…

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The Chinese joint venture between GKN Automotive and Huaya Automotive is spending US$850m over the next five years to meet growing demand for the company’s driveline systems, all-wheel drive (AWD) and hybrid technology. Automotive production in China is forecast to grow by 42% by 2022, increasing from 22.6m vehicles in…

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TRW Automotive Holdings Corp on Tuesday said its subsidiary, TRW Automotive Inc, has agreed to divest its Linkage and Suspension business to to THK Co Ltd for $400 million in cash, subject to working capital and other adjustments. The planned divestiture, with annual sales of about $550 million, is expected…

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During a ceremony in Galveston, the BMW Group broke ground on a vehicle distribution center that will serve the 45 BMW and MINI dealerships in Texas, Oklahoma, Louisiana and Arkansas.   "Rapid delivery to our customers and dealers is a key element to exceptional customer service," said Craig Westbrook, aftersales…

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TRW Automotive Holdings Corp., has announced plans to open three new plants in China this year and next. Two of the facilities are located on the same campus in Zhanghjiagang in the province of Jiangsu, one dedicated to braking which is due to start operations at the end of Q2,…

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Faurecia, one of the world's largest automotive equipment suppliers, on Monday, introduced the world's first gasoline particulate filter (GPF), designed to help passenger vehicles meet strict new regulations in China and Europe. While the diesel particulate filter (DPF) has long been available to remove soot and other particulates from diesel…

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Toyota Motor is set to become the first carmaker in India to voluntarily offer antilock braking system (ABS) a standard fitment in all its locally made vehicles. This move comes after it started offering airbags in all its cars since October last year. Toyota's headquarters in Japan and its Indian…

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Automobili Lamborghini unveiled the Aventador LP 750-4 Superveloce at the 16th Shanghai International Automobile Industry Exhibition. The car will have limited production of 600 units worldwide. "After the worldwide debut last March at the Salon de l'Automobile in Geneva, today we present here in Asia the Aventador LP 750-4 Superveloce.…

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Guangzhou Automobile Group Motor plans to spend roughly 6 billion yuan ($968 million) on two new factories in an aggressive expansion push despite a slowdown in the world's largest car market, the company's top executive said on Sunday. The Chinese automaker, the subsidiary of Guangzhou Automobile Group Co responsible for…