Angry over cutbacks, Trump threatens to end subsidies to GM
President Donald Trump threatened Tuesday to cut off all federal subsidies to General Motors because of its planned massive cutbacks in the United States.
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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.
Black Friday breathing life back into no-interest auto loans
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.
Subaru recalls nearly 400K vehicles to fix stalling problems
The first recall covers about 229,000 Outback and Legacy vehicles that could have software problems.
Big gymnasium in downtown corporate campus to be demolished
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 recalls more than 1M pickups, SUVs for power steering problem
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.
After 10 years, Greensburg’s Honda plant has had broad but sometimes subtle impact
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.
Testing finds flaws with car electronic safety systems
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.
Subaru seeing big demand for new super-sized SUV model
The Indiana-made sport-utility vehicle—which has 19 cupholders—has proven to be Subaru’s biggest product launch in more than two decades.
Purdue to lead innovation hub focused on autonomous vehicles
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.
Closures of auto-parts factory, bus plant to eliminate 170 jobs
The two manufacturing facilities in northern Indiana plan to end operations in August and April, respectively.
Indianapolis consulting firm acquired by Cincinnati company
Indianapolis-based Allegiant International has seen tremendous growth in recent years thanks to its supply-chain work with General Motors.
Honda, GM to develop electric vehicle batteries together
The companies will collaborate based on GM’s next-generation battery system, both sides said, mainly for the North American market.
Manufacturer of super-fast car moves onto Purdue campus
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.
Electric car maker targets Indiana for $160M plant, 467 jobs
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.
Trump launches probe into auto imports, possible tariffs
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.
Chevy hoping it finally has edge on Honda in Indy 500
As dominant as Chevy has been in racing over the years, Honda continues to have the upper hand in the Indy 500.
Allison veteran to ascend to CFO spot in global transmission firm
G. Frederick Bohley, a 27-year veteran of Allison Transmission Holdings Inc., has been named chief financial officer of the Indianapolis-based public company.
First Subaru Ascent rolls off Lafayette plant’s assembly line
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.
Zero-percent auto loan era fading into America’s rearview mirror
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.