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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After Tata Motors, Ford India and Maruti Suzuki, Japanese auto giant Honda is inching towards setting up its new plant in Gujarat. The Indian subsidiary of Japan-based car maker is all set to sign a state support agreement (SSA) with Gujarat government in next three to four weeks.  The company…

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Japanese auto major Nissan is recalling around 12,000 units of various models, including mid-sized sedan Sunny and small car Micra, manufactured between June 2013 and March 2015 in India as part of its global campaign to rectify engine switch and airbags. The Japanese company has announced recall for around 270,000…

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Shanghai Shenhua Holdings Says signs auto services platforms agreement with Brilliance Auto and HP (China).   reuters.com

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After an improved showing by vehicle industry, Auto component industry too has come back to growth ways. The apex body representing auto parts makers, Auto Component Manufacturing Association of India (ACMA) announced on Tuesday that the industry reported a 11 percent growth in Financial year 2014-15, to reach a turnover…

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Germany's BMW AG (BMWG.DE), Australia's Macquarie Group (MQG.AX) and a host of U.S. private equity firms are expected to bid for Australia and New Zealand Banking Group's (ANZ.AX) more than $6 billion car and equipment loan book, a source said on Monday. The automaker and Australia's top investment bank have…

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Renault will invest more in Formula E after a successful debut season for the world's first electric racing series, chief executive Carlos Ghosn said on Sunday. "We are going to be bigger in Formula E. You are going to see us much more involved in Formula E," he told a…

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Betting big on the farm sector, homegrown conglomerate Mahindra group is gearing up for a big play in agriculture, leveraging on the brand equity of its tractors, to make it a significant revenue and profit generator in the next five years. The Mumbai-based group, which forayed into agri-segment in 2010-end,…

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U.S. June new-vehicle sales will show a rise of 4 percent from a year ago, but the auto industry remains robust, consultancies J.D. Power and LMC Automotive said on Thursday. LMC also raised its forecast for 2015 to 17.1 million new vehicles from 17 million. Sales in 2014 were 16.5…

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Dongfeng Automobile Co Ltd Says unit signs contract to sell 10,000 electric vehicles for logistics use.   reuters.com

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Goodyear Tire & Rubber Co (GT.O), the largest tire maker in the United States, said it would shut down its Wolverhampton, England manufacturing plant and transfer production to Europe, the Middle East and Africa (EMEA) to cut costs. Goodyear also said it would transfer consumer tire production from its plant…