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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German luxury automaker Mercedes-Benz has opened new Vehicle Safety Technology Centre at its site in Sindelfingen. The investment amounts to a three-digit million euro sum. Initial planning began more than ten years ago, with building work starting in the autumn of 2013. The topping-out ceremony was on 12 May 2015,…

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Indian automotive components manufacturer Bharat Forge has completed acquisition of Walker Forge Tennessee and PMT Holdings, USA through its wholly-owned subsidiary, Bharat Forge America for a total consideration of US$14 million (around Rs 95 crore). The information was shared by the company in a Bombay Stock Exchange (BSE) filing. With…

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French automotive components manufacturer Faurecia and German automaker Borgward have created a joint-venture in China to jointly develop and build complete seats for new Borgward vehicles. As part of the strategic partnership, a technical center will also be created for product development, after-sales services and technical support. The joint venture…

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Volkswagen AG (VOWG_p.DE) said its truck and bus unit would invest 420 million euros ($446.5 million) in Brazil over the next five years to offer new products, modernize its plan in Resende and develop connectivity services. "I am confident that the Brazilian economy has bottomed out and will recover again…

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German automaker BMW on Wednesday launched its 7 series sedans in Indonesia that will be assembled in the country as it seeks to tap into the long-term demand for luxury vehicles in Southeast Asia's biggest economy. Other luxury car companies such as Daimler AG's Mercedes-Benz are also increasingly shifting part…

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German first-tier auto-industry supplier Rheinmetall Automotive, through its group subsidiary KS Kolbenschmidt, has been awarded a contract to manufacture steel pistons for car diesel engines. The order has an aggregate value of over €45 million. As from 2019 and for a period of 6 years, these steel pistons will be…

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Comma.ai, the tech startup that recently pulled the plug on its device to give cars limited self-driving capabilities after being reprimanded by U.S. regulators, has opened up its software secrets to the masses. On Wednesday, Comma.ai announced on its website that it had open sourced the software code and robotics…

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China will impose an extra 10 percent tax on super cars and other luxury models costing 1.3 million yuan ($188,852) and above, in a bid to rein in lavish spending and to reduce emissions, the ministry of finance has said. The new tax rate will potentially affect pricing for top…

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Electric car maker Lucid Motors said Tuesday it will build a manufacturing plant in Arizona that will begin production in 2018 as it looks to compete in the fast-growing market for luxury electric vehicles. The company said it chose the Casa Grande location from dozens of other spots around the…

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Global technology company Schaeffler and machine tools manufacturer DMG MORI have signed a cooperation agreement, in Japan, for developing additive manufacturing processes for rolling bearing components. In addition, the marketing partnership that began in 2016 has been extended. “Both partners complement each other perfectly to drive the future of machine…