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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Subaru is recalling 72,000 newer-model vehicles in the United States because the automatic pre-collision braking part of the driver-assist system could fail, increasing the risk of a crash, according to documents posted online by U.S. safety regulators. The recall affects certain 2015 and 2016 model-year vehicles equipped with the Eyesight…

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Honda Motor Co (7267.T) on Friday restated its financial results for the business year ended March, to account for additional costs to cover an expanded recall of cars equipped with Takata Corp (7312.T) air bag parts. Japan's third-largest automaker revised its operating profit to 606.88 billion yen ($4.92 billion) under…

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Roughly a year after construction began, ZF Friedrichshafen AG has opened its extended R&D Center in Pilsen, Czech Republic. The location in the west of the Czech Republic has a workforce of around 250 employees responsible for development services for the ZF Group and its divisions. With the new building,…

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A European automotive supplier will invest another $180 million and add 510 jobs to supply parts for Volkswagen's new SUV. "This fulfills a vision we have that Chattanooga would be a major manufacturer and supplier hub," Tennessee Gov. Bill Haslam said Tuesday, as officials announced that Spanish company Gestamp will…

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Toyota Motor Corp 7203.T and Nissan Motor Co 7201.T said on Thursday they would expand a recall previously issued in North America to the rest of the world to replace potentially deadly passenger-side air bag inflators made by Takata Corp 7312.T. Toyota said it would recall another 2.86 million vehicles…

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General Motors Co (GM.N) is developing technology to allow new features to be downloaded wirelessly, the automaker’s head of vehicle development said on Wednesday. GM global product development chief Mark Reuss said the company is developing a new electrical architecture for its vehicles, which he called “Global B,” that will…

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Tractor maker Sonalika Group has inked a pact with Minsk Tractor Works to re-launch their Belarus range of tractors in India. As part of the recent Indian Presidential delegation to Belarus, Sonalika concluded and signed a mutual cooperation agreement with Minsk Tractor Works (MTW), Sonalika Group said in a statement.…

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The $16.9 billion Mahindra Group will invest Rs 7,500 crore in its automotive and tractor businesses over the next three years. The capex will be spread out at an average of around Rs 2,500 crore a year, a top M&M official said. The capex will cover the firm's auto and…

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China Automotive Engineering Research Institute Co Ltd Says plans to set up auto parts joint venture with registered capital at 264 million yuan ($42.53 million) in Chongqing city with China Steel Corp's unit China Steel Asia Pacific Holdings, Honley Auto Parts Co Ltd's unit CECK Holding.   reuters.com

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Guangzhou Automobile Group Co Ltd Says capital unit plans to set up industry fund with fund size at 1 billion yuan ($161.13 million).   reuters.com