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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Ice Industries will build a new stamping plant in Mississippi, its sixth expansion in Grenada since 2010, investing $15 million and hiring 100 workers. The privately held company, based in Sylvania, Ohio, plans to build an 80,000 square-foot building with twin metal stamping presses to supply more parts to the…

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General Motors Co will keep an Oshawa, Ontario assembly line operating until 2017, the company's Canadian unit said on Wednesday, extending the life of a line that has been repeatedly scheduled for closure over the last decade. GM said it would invest C$12 million to increase Chevrolet Equinox production and…

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Zhejiang Wanliyang Transmission Co Ltd Says it and partners sign framework agreement to acquire 70 percent stake in Jinxing Automotive Interior Decoration Co for 160 million yuan ($25.02 million). Says shares to resume trading on August 20.   reuters.com

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Aston Martin is betting that even James Bond won’t mind an 800-hp electric car. The longtime builder of British sports cars will bring an all-electric version of its four-door Rapide to market in two years, CEO Andy Palmer confirmed to Automotive News. Speaking at Sunday’s Pebble Beach Concours d’Elegance --…

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Auto supplier Kamtek plans to invest $530 million in an expansion of its auto parts manufacturing plant in Birmingham, Alabama. The expansion includes opening a new aluminum casting facility to meet automaker demands for lighter parts. Kamtek, whose parent company is Canada-based Magna International, says the expansion project in Birmingham…

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Mexico set to become the biggest export market for Indian carmakers; likely to overtake S Africa. Car exports to Mexico will increase by more than 50% to 1.32 lakh units in 2015-16, as against 82,000 vehicles for the same period last year. Mexico, one of the farthest countries from India,…

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General Motors recently announced plans to convert a former factory in downtown Flint, Michigan into an archive and research center. GM bought the Durant-Dort Factory One in 2013. The plant housed the Flint Road Cart Company in the late 19th century; Flint Road co-founder William Crapo Durant would go on…

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U.S. safety regulators on Monday said they have directed the U.S. units of Volkswagen AG (VOWG_p.DE) and air bag maker Takata Corp (7312.T) to provide information on the June rupture of a side air bag in a 2015 model VW Tiguan. The late-model Tiguan does not fit the pattern of…

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Kongsberg Automotive ASA has been awarded a seven year agreement with a European premium automaker for the supply of seat comfort systems to a mid-size/large luxury SUV. The contract is worth an estimated 15.8 million euros ($17.56 million) over its lifetime, and production is scheduled to start in the third…

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BMW has switched to Shanghai as the main harbor for importing vehicles into China in the aftermath of explosions which damaged the port facilities in Tianjin, a company spokesman said on Monday. Around 2,000 vehicles a week which would otherwise have gone via Tianjin have been redirected to Shanghai, which…