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 carmaker BMW plans to launch a new version of its i3 electric car next year with a longer range and revamped design, German weekly Welt am Sonntag reported, citing company sources. BMW will rework the front and rear of the i3 and equip the car with a new…

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Volkswagen signed a deal on Sunday to assemble cars in Algeria in a joint venture with its local car importer SOVAC, aiming for a production capacity of more than 100 vehicles per day from June 2017, VW and Algerian officials said. The cars will be assembled at a $170 million…

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Britain's biggest carmarker Jaguar Land Rover said it wants to build electric cars in Britain in what would be a further boost to the UK automotive sector after the Brexit vote. The Indian-owned carmaker built just under a third of Britain's 1.6 million cars last year and showcased its first…

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Czech Automaker Skoda has surpassed the sales mark of one million vehicles in 2016, informed the company in an official statement. The top model Skoda Superb has sold almost 115,000 units worldwide from January-till date, an increase of 85.2 percent compared to the previous year. The company expects further growth…

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 Indian billionaire Sajjan Jindal's steel-to-power JSW Group plans to diversify into electric car manufacturing, two sources told Reuters, as Prime Minister Narendra Modi's government boosts support for non-polluting vehicles. Electric vehicles that use expensive batteries have failed to take off in cost-conscious and power-deficient India, despite enjoying incentives like low…

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Toyota Motor Corp said it aims to develop a more advanced electric-car battery "in a few years" that will allow the Japanese automaker to build vehicles with up to 15 percent greater range and battery life than they have currently. “Lithium-ion battery is a key technology for electrifying cars, and…

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British finance minister Philip Hammond on Wednesday announced 390 million pounds ($484 million) of funding to boost the development of low emission vehicles and autonomous vehicles. Delivering his first budget statement to parliament, Hammond also announced support for electric vehicle infrastructure. "Reliable transport networks are essential to growth and productivity,"…

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Britain made fewer cars last month for the first time in more than a year, driven by slower domestic demand and prompting the industry's lobby group to renew its call for the government to maintain free trade as Britain leaves the European Union. Overall output fell by an annual 1…

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U.S. auto sales in November will be up 5 percent from a year earlier, making it possible that 2016 will top last year's record high, industry consultants J.D. Power and LMC Automotive said on Wednesday. The consultants estimated industry sales in the United States this month at 1.39 million vehicles,…

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South Korean automaker Hyundai Motor Co has sold its entire stake in fighter jet manufacturer Korea Aerospace Industries (KAI) Ltd, a Hyundai Motor spokeswoman said on Wednesday, without disclosing the value of the deal. Hyundai Motor had a 4.85 percent stake, or 4.73 million shares, in KAI as of the…