A nearly $15 billion settlement over Volkswagen's emissions cheating scandal cleared a key hurdle Tuesday, with a federal judge giving preliminary approval to the deal that includes an option for owners to have the carmaker buy back their vehicles.
The Obama administration plans to spend as much as $4.5 billion to build electric-car charging stations, creating a network stretching coast-to-coast to potentially improve consumer acceptance of the lower-polluting vehicles.
A federal appeals court ruling that General Motors can't use its 2009 bankruptcy to fend off lawsuits over faulty and dangerous ignition switches exposes the automaker to billions in additional liabilities, according to legal experts.
Ryobi Die Casting USA said it plans to grow its operations with the acquisition of a 350,000-square-foot building. The company already has 860 employees in Shelbyville.
Toyota Boshoku Indiana LLC has launched a $10.6 million expansion of its plant in Princeton.
Volkswagen AG’s diesel emission scandal might be one of the best things to happen to American air quality. It also could mean new business for one of the state’s largest manufacturers.
Thor Industries Inc. has purchased privately held Jayco Corp. in hopes that it will help attract younger customers looking for more modest travel abodes.
However, after six straight years of growth—and record sales of 17.5 million last year—U.S. sales are beginning to plateau.
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.
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.
An Indiana auto assembly plant and economic development officials have turned to Fort Campbell, Kentucky, to find employees.
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.
