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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Volkswagen's Spanish division Seat will spend 3.3 billion euros ($3.69 billion) between 2015 and 2019 on equipment, plants and research and development, the German automotive group said on Tuesday. The brand will launch four new models over the next two years, VW said in a statement, after a visit by…

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Hero MotoCorp, set a historic milestone, with its first global manufacturing facility at Villa Rica, in Columbia going operational. Completed in a little over nine months since construction began, the Columbia plant is Hero's 5th manufacturing facility, in addition to four assembly plants in India. This plant will act as…

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German auto parts and tyre maker Continental is well on track to reach its recently raised full-year target despite a seasonal downturn in summer, its finance chief said. "Despite the dwindling tailwind from the raw materials costs and the somewhat low utilization of capacities typical for the summer months, we…

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Toyota Motor Corp plans to sell a new version of its Prius petrol-electric hybrid from the end of 2015 in Japan and in other regions thereafter, at a time when tumbling gasoline prices are sapping demand for environment-friendlier cars. The new Prius will run on smaller, lighter motors and batteries…

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General Motors Co reported on Monday its biggest drop in China sales in five months for August as global automakers struggle with a deepening economic slowdown and slumping equities in the world's largest auto market. Vehicle sales for GM and its joint venture partners fell 4.8 percent year-on-year in August,…

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Rheinmetall Automotive wins orders for exhaust gas recirculation components worth over eur 300 million. The products ordered include exhaust-gas flaps for a large European automaker and exhaust gas recirculation modules for a well-known customer in the United States.   reuters.com

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One of the region's newest auto parts manufacturing plants celebrates its grand opening on Wednesday in Monroe. Auto industry supplier UGN Inc. has completed construction on the 232,000-square-foot, $50 million plant at the Warren County business park Park North at Monroe — near the intersection of Interstate 75 and Ohio…

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Mexico's auto production rose 7.7 percent and exports jumped 3.5 percent in August, compared to the same month a year earlier, the Mexican Auto Industry Association (AMIA) said on Monday. The auto sector makes up about 30 percent of Mexico's exports, according to the national statistics institute. Mexico produced 292,271…

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Schaeffler, the German auto component major, announced that it has begun the mass production of electro-mechanical active roll control. It replaces the previous standard hydraulic stabilizers that minimise the rolling motion of the vehicle body when going around curves or during quick evasive maneuvers. Schaeffler has built completely new production…

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Fiat Chrysler Automobiles NV's (FCAU.N) U.S. arm said on Friday it would recall 7,810 sport utility vehicles in the United States to update software for radios to prevent hacking. The announcement by FCA US LLC, formerly Chrysler Group LLC, comes more than a month after the company recalled about 1.4…