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.

news

General Motors Co. said Monday it will add 300 jobs and invest $245 million into its Orion Assembly Plant to launch a new vehicle, a positive sign for the plant that faces another round of layoffs starting next month amid slow car sales. The Detroit automaker said the new vehicle,…

news

Beijing WKW Automotive Parts Co Ltd Says signs letter of intent to set up car parts joint venture in China with Kojima Industries, Sumitomo Corp.   reuters.com

news

Hinduja Group’s flagship company Ashok Leyland today said it has received orders worth $82 million (approx Rs. 521 crore) from Senegal to supply 475 buses. The company in a statement said it has bagged orders worth $82 million from Senegal towards building their comprehensive and integrated transportation system. Dakar Dem…

news

Dongfeng Automobile Co Ltd Says unit signs contract to sell 1,000 electric buses to Shanghai Beidou New Energy Co.   reuters.com

news

Spanish automotive supplier Gestamp is planning to open a new pressing facility to supply Volkswagen's (VOWG_p.DE) production in Chattanooga, Tennessee, a source familiar with the matter told Reuters. The move will create 500 jobs, the source added, asking to remain anonymous. Volkswagen declined to comment, only referring to an invitation…

news

Investment management company Vanguard Group Inc picked up 1.57 lakh shares of Eicher Motors for an estimated Rs 309 crore through open market transaction. A total of 1,57,058 shares (representing 0.58 per cent stake) of Eicher Motors were bought by Vanguard Group through a bulk deal transaction on the National…

news

French automotive giant PSA Peugeot Citroen said Friday it will build a 557 million euro ($632 million) automobile factory in Morocco with an annual production capacity of 90,000 units. The plant, due to open in 2019 north of Rabat, will cater for "the needs of the region and of Moroccan…

news

Porsche has bought the machine tool unit of industrial robot maker Kuka (KU2G.DE) to enhance production of sports cars amid a growing use of lightweight materials. Carmakers like Porsche are increasingly using aluminium, carbon fibre and other lightweight substances to help comply with rigid carbon emission limits for their vehicles…

news

Car giant Nissan has announced it is to invest a further £37m in its production plant in Sunderland. The cash will create an eighth press line - where car parts including doors and bonnets are produced. Work is under way on the extension, which will take the Sunderland site to…

news

German automotive manufacturer Daimler has inaugurated its new bus plant in Funza, Colombia with an installed capacity of 4,000 units per year. The company will now manufacture Mercedes- Benz bus chassis in the plant. This step is primarily aimed at expanding the company's bus business in Latin America, and around…