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

Talks on the sale of indebted Italian car designer Pininfarina to Indian vehicle maker Mahindra & Mahindra will resume after the summer after the parties failed to strike a deal in July, two sources close to the matter said on Tuesday. The key investor in Pininfarina and the group's creditor…

news

General Motors Co (GM.N) plans to double its investment in Brazil to 13 billion reais ($3.8 billion) through 2019 and introduce a new family of vehicles into the country, the U.S. carmaker's executives said on Tuesday. Speaking at a press conference in Sao Paulo, Jaime Ardila, the head of GM…

news

General Motors Co (GM.N) said on Tuesday it will invest $5 billion over the next several years to develop with its Chinese partner a new family of Chevrolet vehicles aimed at fast-growing emerging markets, in the process offering investors a fresh rationale for rejecting a merger with Fiat Chrysler Automobiles…

news

Automobile manufacturer Skoda is going to optimise and expand its three production facilities in Czech Republic. One focus will be on expanding the Kvasiny site where the factory closes between 27 July and 14 August. In Mlada Boleslav and Vrchlabi, maintenance work will be underway from 3 to 14 August,…

news

Mitsubishi Motors and the United Auto Workers said Monday that they will work together to look for a buyer for the central Illinois plant the company plans to close. The Japanese automaker also said in the joint statement that its decision to close the plant in Normal in November was…

news

Volkswagen (VOWG_p.DE) overtook Toyota (7203.T) as the world's largest carmaker by sales in the first half, achieving its long-held ambition three years ahead of target. Japan's biggest automaker said on Tuesday it sold 5.02 million cars between January and June, a 1.5 percent decline on year-ago levels and fewer than…

news

The president of Mitsubishi Motors Corp (7211.T) said Japan, SouthEast Asia and Russia will become the automaker's principal production hubs after it calls time on making cars in the United States later this year because of dwindling output there. "Japan, ASEAN (countries), and Russia will be the main points of…

news

The U.S. auto safety watchdog, toughening its stance against manufacturer defects, on Sunday fined Fiat Chrysler Automobiles NV (FCHA.MI) a record $105 million over lapses in safety recalls involving millions of vehicles, according to documents obtained by Reuters. Under a consent agreement with the National Highway Traffic Safety Administration, Fiat…

news

Tata Motors owned luxury carmaker Jaguar Land Rover (JLR) is planning to set up a new plant to make about 200,000 cars annually in eastern Europe and is zeroing in on Poland. According to the 'Sunday Times', JLR executives have been weighing up bids from Slovakia, Hungary, the Czech Republic…

news

Fiat Chrysler will recall 1.4 million vehicles in the United States to install software to prevent hackers from gaining remote control of the engine, steering and other systems in what federal officials said was the first such action of its kind. The announcement on Friday by FCA US LLC, formerly…