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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Volkswagen has begun building an assembly plant in tianjin to serve as the company's hub in Northern China - Nikkei * Volkswagen initially is expected to invest several hundred million dollars in Tianjin plant - Nikkei * Volkswagen plans to invest over 4 billion euros ($4.48 billion) in China this…

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French carmaker PSA Peugeot Citroen is set to invest 700 million euros ($785 million) in Spain over the next four years and will produce a new car in the country from 2020, a spokesman for the company said. The bulk of that investment -- 640 million euros -- will go…

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German auto major Audi on Thursday launched in India its most powerful car, Audi R8 V10 Plus. "The newly conceptualised high-performance sports car (Audi R8 V10 Plus) has been made even tauter and stronger, both on and off the race track. Embodied in its DNA is the know-how acquired in…

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Officials on Friday will break ground on a $110 million automotive supplier plant that will employ 216 people. Thai Summit America‚Äôs plant will produce stamped and welded aluminum assemblies for the Ford Kentucky Truck Plant. The groundbreaking will be at 10 a.m. at the Bardstown Country Club. Those scheduled to…

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British carmaker Vauxhall has recalled close to 235,000 cars for repair, saying it found evidence that the Zafira B model was at a risk of fire. The Luton-based company said it decided to recall the cars to replace the current soldered fuse resistor with a wax fuse resistor, further to…

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The U.S. International Trade Commission on Wednesday said it launched an investigation into whether Volkswagen AG (VOWG_p.DE) and its subsidiaries infringed hybrid electric vehicle patents owned by Baltimore-based Paice LLC. The commission said it has not made any decisions on the merits of the case. But a ruling against Volkswagen…

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General Motors Co is expected to announce plans to compensate about 130,000 individual U.S. owners of SUVs that had inflated fuel economy labels, sources briefed on the plans said on Wednesday. The Detroit automaker said on Friday it was temporarily halting sales of about 60,000 new 2016 U.S. SUVs because…

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Fiat Chrysler Automobiles said on Wednesday it will recall 506,420 of its popular Jeep Wrangler SUVs because off-road driving may cause the driver-side air bag not to open in a crash. Fiat Chrysler is not aware of any injuries or crashes related to the issue, the company said in a…

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Tesla Motors Inc will offer up to $1.7 billion of new common stock to finance the accelerated launch of its new Model 3 electric sedan, the electric luxury car maker said on Wednesday. Tesla shares fell 2.2 percent following the announcement, which came after the market closed. They were $206.59…

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Mitsubishi Motors Corp President Tetsuro Aikawa will step down to take responsibility for the fuel economy data scandal, the Nikkei reported. Aikawa, who temporarily will be succeeded by Chairman Osamu Masuko, is set to leave around the time the third-party investigative committee compiles the final report in July or the…