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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Carlos Ghosn, chief executive of the Renault-Nissan Alliance, said Thursday that Nissan Motor Co. is considering using batteries made by LG Chem Ltd. of South Korea in future electric vehicles, signaling a possible shift that could further roil the French-Japanese partnership’s delicate balance of power. Battery supply is one of…

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BMW AG is set to unveil a raft of redesigned and upgraded versions of its sedans and sports utility vehicles (SUVs) in China later this year, to shore up weak sales and raise its competitiveness against German rival Mercedes-Benz. Global car makers have come under increasing pressure to up their…

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German sports carmaker Porsche (VOWG_p.DE) will spend 1.1 billion euros (775 million pounds) through 2020 to upgrade its main production and research sites for more models. Volkswagen-owned Porsche is building a new engine plant and body shop at its core factory in Zuffenhausen, in southern Germany, which will take over…

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Toyota Kirloskar Motor (TKM) today announced the expansion of its used car business in the country. The company's used car business - "Toyota U-Trust", launched in 2007, will now cover 56 markets in 19 states, TKM said in a statement. With this expansion, TKM aims to cater to a wider…

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ZF TRW, a division of ZF Friedrichshafen AG, has started production of its third generation video camera, the S-Cam3, for the first time across four major global vehicle platforms. The camera is being launched for compact C and D segment, sedans, and crossover vehicles. It will be available in Europe,…

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General Motors Co is raising the stakes on its bet that sales of fuel-thirsty sport utility vehicles will keep driving its global profits as Chinese and other markets sag. GM said Tuesday it plans to spend $1.4 billion to modernize the factory in Arlington, Texas, that builds the Cadillac Escalade,…

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Toyota Motor Corp said on Wednesday it would recall about 625,000 hybrid cars globally to fix a software glitch that could, in limited cases, shut down the hybrid system while the car is being driven. Models affected are certain Prius v minivans, called Prius alpha and Prius+ in some markets,…

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U.S. safety regulators said they were investigating airbag inflators made by ARC Automotive Inc for rupture, the second company to be probed for defective airbags after Japan's Takata Corp. The ARC probe will cover airbags in about 420,000 Fiat Chrysler Town and Country minivans from model year 2002, and 70,000…

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Auto parts maker BorgWarner Inc (BWA.N) agreed to buy Remy International Inc (REMY.O), a maker of electric and hybrid motors, for about $950 million to better compete in the fast-growing market for electric and hybrid vehicles. BorgWarner's offer of $29.50 per share represents a premium of 44 percent to Remy's…

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Holman Automotive Group, Inc. announced Monday the purchase of Princeton BMW and Princeton MINI in Hamilton. The company, serving in New Jersey, Philadelphia and Florida, owns a few other N.J. BMW and MINI dealerships such as BMW and MINI of Mount Laurel. "We are very excited to be adding these…