General Motors to slash 14,700 jobs in North America, close plants
The nation’s largest automobile manufacturer said it could close up to five plants and eliminate several car models.
The nation’s largest automobile manufacturer said it could close up to five plants and eliminate several car models.
The share of U.S. vehicle sales financed with zero-percent loans has been shrinking, but several automakers are rolling out no-interest loans for Black Friday.
The first recall covers about 229,000 Outback and Legacy vehicles that could have software problems.
The owner of the 40,000-square-foot gym says upgrading the facility would cost tens of millions of dollars, and that the cost to maintain it is greater than the property’s value.
GM said the power steering can fail momentarily during a voltage drop and suddenly return, mainly during low-speed turns. Such a failure increases the risk of a crash.
The plant employs 2,500 people—plus another 500 in a pool of temporary production workers whose numbers fluctuate depending on the company’s needs—and pays millions in taxes annually to state and local government.
Cars and trucks with electronic driver assist systems may not see stopped vehicles and could even steer you into a crash if you’re not paying attention, an insurance industry group warns.
The Indiana-made sport-utility vehicle—which has 19 cupholders—has proven to be Subaru’s biggest product launch in more than two decades.
Much of the research at the hub—located at Purdue’s Research Park—will be done in partnership with government agencies, including the Indiana Department of Transportation, and private-sector companies.
The two manufacturing facilities in northern Indiana plan to end operations in August and April, respectively.
Indianapolis-based Allegiant International has seen tremendous growth in recent years thanks to its supply-chain work with General Motors.
The companies will collaborate based on GM’s next-generation battery system, both sides said, mainly for the North American market.
British carmaker Keating Supercars plans to produce the latest generation of its car, the Viperia Berus, on the West Lafayette campus. The car can travel more than 240 mph and is anticipated to sell for $180,000 to $250,000.
SF Motors Inc., a Silicon Valley-based electric vehicle developer and manufacturer, said it could hire as many as 200 workers at the Indiana plant by the end of the year.
The Trump administration on Wednesday launched an investigation into whether tariffs are needed on the imports of automobiles into the United States, moving swiftly as talks over the North American Free Trade Agreement have stalled.
As dominant as Chevy has been in racing over the years, Honda continues to have the upper hand in the Indy 500.
G. Frederick Bohley, a 27-year veteran of Allison Transmission Holdings Inc., has been named chief financial officer of the Indianapolis-based public company.
A Subaru plant in northwest Indiana has produced its first Subaru Ascent as part of an expansion that's added more than $140 million in equipment and 200 jobs to the plant.
Carmakers that used zero-percent financing offers to juice sales at the height of the American auto boom are starting to abandon them as rising interest rates lift their own borrowing costs.
The Trump administration announced that fuel-efficiency regulations for cars and light trucks are too stringent and must be revised.