Auto industry bracing for slight sales declines this year and next
Following seven years of growth in new-vehicle sales, U.S. consumers appear to be tapping the brakes—but the auto industry says the slowdown is not causing them concern.
Susan Orr
Articles
UPDATE: IndyGo board awards $46M in Red Line construction contracts
Construction is expected to begin early next year, with the route open for service in the summer of 2019.
Chicago-based chain acquires most of Butler Auto Group’s dealerships
Butler is keeping its Butler Toyota dealership, but has sold off its Kia, Hyundai, Fiat, Maserati and Alfa Romeo dealerships to a major regional chain that has rebranded the locations.
Indianapolis-based CraftMark Bakery plans $56 million expansion
The industrial bakery is seeking local tax breaks in connection with the project, which is expected to create 118 jobs over the next three years.
Indianapolis attorney pleads guilty to immigration fraud
The attorney entered guilty pleas to filing false visa applications on behalf of about 250 clients, collecting $750,000 in fraudulent fees.
BlueIndy car-sharing program striving to be in black by 2020
The BlueIndy car-sharing program is facing a big challenge: How do you succeed when so many potential customers are unaware of, uninterested in, or even intimidated by what you’re trying to sell?
Indiana attorney general urges feds to delay new trucking rule
Under the rule, long-haul truckers would be required to use electronic logging devices to track their hours and miles. Currently, they can use paper logs to do so.
Software firm eyes closure of Carmel office with 61 employees
The list of potential terminations includes engineers, software developers, project managers and administrative support staff.
State looks down the road at autonomous vehicles
Gov. Eric Holcomb will ask lawmakers in 2018 to authorize the testing and operation of autonomous vehicles on Indiana roads.
Indy’s largest architectural firm moves to all-employee ownership
All 250 employees are now part-owners in the company which has some tax advantages and gives workers a more direct stake in the firm’s performance.
Merchants Bancorp co-founder to retire amid executive shuffle
The Carmel-based financial company also announced promotions for two other top executives.
Plan to develop 211 acres at Fishers airport site takes flight
Local officials say the land, part of Indianapolis Metropolitan Airport, could house up to 1 million square feet of new commercial development under a plan approved on Friday.
IndyGo announces preliminary low bids for Red Line construction
Two Indiana-based contractors appear to have the lowest bids for the bus rapid-transit project, but contracts won’t be awarded until next month, after the bids are examined.
Indianapolis-based engineering firm acquires automotive supplier
Echo Engineering and Production Supplies Inc. expects its revenue to swell to $50 million next year as it takes on more outsourced work from stressed car makers.
Marian to unveil $150M fundraising campaign led by Klipsch gift
The Indianapolis-based university has big ambitions for boosting the national reputation of its teacher-training program—and it already is more than halfway to its fundraising goal.
Indy-based heating-and-cooling firm under new ownership
After 33 years, the maker of industrial heat-exchange equipment will fuse to a similar German manufacturer.
Angie’s List executive taking top job at Conexus Indiana
Mark Howell, who has been Angie’s List’s chief operating officer since 2013, will start his new job at the manufacturing and logistics advocacy group in January.
State hits Amazon with safety order, proposed fines for fatality
The Indiana Department of Labor has issued the order following the September death of an employee at an Amazon facility in Plainfield.
Indy-based renewable energy firm to go public in merger worth up to $345M
IEA Energy Services has completed about 200 wind and solar projects around the country, including the 9,000-acre Benton County Wind Farm in northern Indiana.
Indy airport embarks on retail refresh
As vendor contracts expire at Indianapolis International Airport—and a slew of them lapse at the end of 2018, a decade after the terminal’s opening—officials are embarking on a project to freshen up the offerings.