Indiana RV maker pays $576M for fellow Hoosier firm
Thor Industries Inc. has purchased privately held Jayco Corp. in hopes that it will help attract younger customers looking for more modest travel abodes.
Auto Industry
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U.S. auto sales expected to hit record in first six months
However, after six straight years of growth—and record sales of 17.5 million last year—U.S. sales are beginning to plateau.
UPDATE: Volkswagen reaches $15B emissions-cheating settlement
The figure would be the largest auto scandal settlement in U.S. history. An estimated 6,638 Volkswagen customers in Indiana could be eligible for estimated compensation of $66 million, Indiana’s attorney general said.
Japanese manufacturer plans $50M plant, 70 jobs in Indiana
Japan’s largest steel producer announced plans Tuesday to open a subsidiary in Shelbyville in a plant that is expected to be fully operational by spring 2018.
Subaru of Indiana recruits soldiers from Kentucky
An Indiana auto assembly plant and economic development officials have turned to Fort Campbell, Kentucky, to find employees.
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.
Industries focus on connecting with students to attract workers
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.
U.S. auto sales show signs of slowing after long run up
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.
Michigan company to expand in Indiana, hire up to 147
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.
Driverless future ahead for trucking?
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 marking 20 years since work started on Indiana plant
Toyota says the factory has produced 4.3 million vehicles, including Highlander and Sequoia SUVs and Sienna minivans.
Diversified Machine plant to cut 500 jobs in Indiana
A Michigan-based auto parts company plans to cut about 500 jobs at its manufacturing plant in Indiana beginning Monday.
Inventor, engineer Harroun honored as 1st Indy 500 winner
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.
Highly skilled manufacturing likely to stay in U.S. but other jobs less safe
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.
U.S. auto sales headed for best month in 10 years
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 to add CR-V line in $52M Indiana plant expansion
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 post healthy February sales gains
Automakers posted big U.S. sales gains in February as consumers returned to showrooms after a snowy January.
Factory employing 700 workers to get reprieve
An auto parts factory near Muncie that was slated to close later this year won’t be shutting its doors after all.
Honda to move CR-V production to Indiana assembly plant
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.
Indiana-dominated RV-manufacturing industry completes turnaround
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.