U.S. industrial output declines on falling auto production
Falling auto production fueled a broader decline in U.S. industrial output in May, a potentially worrying sign that manufacturers face economic challenges.
Falling auto production fueled a broader decline in U.S. industrial output in May, a potentially worrying sign that manufacturers face economic challenges.
While Indiana scores highly in terms of the overall health of its manufacturing and logistics sectors, a report released Thursday indicated that workforce development is still a key concern.
Sales of cars, trucks and SUVs fell 6 percent last month, to 1.54 million, according to AutoData Corp. It was the biggest monthly drop in nearly six years.
Spartan Fleet Vehicles and Services announced the plans Tuesday to invest $10.9 million to increase production of walk-in vans, parcel delivery vans, truck bodies and other items.
Automated trucks initially will have drivers on board in case something goes wrong, a similar model to the one employed by airlines (pilots’ role in the cockpit is mostly precautionary since planes can run on autopilot).
Toyota says the factory has produced 4.3 million vehicles, including Highlander and Sequoia SUVs and Sienna minivans.
A Michigan-based auto parts company plans to cut about 500 jobs at its manufacturing plant in Indiana beginning Monday.
Ray Harroun was remembered at a memorial service Sunday not only as the man who won the first Indy 500, but for his contributions to the auto industry, motorsports, engineering and inventing.
Proprietary manufacturing jobs—such as those in the aerospace, automotive and life sciences sectors—are likely to even grow as employers seek talent and quality control. But lower-skilled basic production work is on its way out to international markets like China, India and Mexico, where wages are a fraction as expensive.
The increases showed that Americans are still buying cars and trucks in big numbers, despite predictions by some analysts and dealers that sales have peaked.
Honda Manufacturing of Indiana LLC said the expansion of its Greensburg plant is expected to lead to 100 new jobs by the end of next year.
Automakers posted big U.S. sales gains in February as consumers returned to showrooms after a snowy January.
An auto parts factory near Muncie that was slated to close later this year won’t be shutting its doors after all.
Honda Manufacturing of Indiana announced the SUV will join the Civic sedan in being assembled at the Greensburg plant. Honda said the move coincides with ending production of the CR-V in Guadalajara, Mexico.
Recreational vehicle shipments from manufacturers to dealers are expected to increase 3.5 percent to 369,100 units this year. That's up from 353,400 units in 2007, the last year before sales tanked along with the economy.
NTN Driveshaft Inc. has been offered $5 million in state incentives to build an $87 million plant in Anderson that is expected to employ more than 500 people, state officials announced Tuesday.
A federal bankruptcy judge has ruled that people suing General Motors over faulty ignition switches can seek punitive damages that could cost the company millions of dollars or more.
The fallout from Volkswagen's emissions-cheating scandal intensified Wednesday, as the company halted sales of seven models in the Unted States that allegedly were part of the cheating.
Sales of new cars and trucks rose by double-digit percentages at most major automakers in October, and companies are raising their expectations for the rest of the year.
United Auto Workers leaders have approved a proposed contract with General Motors Co. that promises raises, improvements in health care and a hefty signing bonus.