UAW, General Motors reach contract agreement
The United Auto Workers union and General Motors Co. have reached a last-minute tentative agreement on a new four-year contract, avoiding a strike for now.
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UPDATE: UAW passes new labor contract with Fiat Chrysler
Workers overwhelmingly approved a new four-year contract in voting that ended Wednesday night. UAW represents more than 7,000 Fiat Chrysler workers in central Indiana.
VW might compensate owners of diesel cars for loss of value
Earlier this week, Kelley Blue Book said the value of VWs with 2-liter diesel engines had fallen 13 percent since mid-September, about when the automaker’s emissions cheating scandal came to light.
Lawmakers vent as VW chief apologizes for scandal
Volkswagen’s top U.S. executive testified Thursday on Capitol Hill as the emissions-rigging scandal engulfing the automaker deepened and House members said the firm violated the public’s trust.
Fiat Chrysler avoids strike with new tentative contract
The union announced the agreement just after 11:59 p.m. Wednesday, which was the deadline the union had set to reach a new deal or possibly go on strike.
Fiat Chrysler, UAW still bargaining as strike threat looms
The UAW represents around 40,000 factory workers in the United States. More than 7,000 of those employees work in Kokomo.
Subaru incentive deal announced ahead of state board vote
Indiana's business recruitment agency announced nearly $8 million of incentives last month for Subaru's planned major expansion of its Lafayette factory even though it will be months before the agency's board considers approving the deal.
Volkswagen to be subpoenaed in probe by 27 states
A majority of U.S. states, including Indiana, have begun a joint investigation of Volkswagen AG in the widening fallout from the company’s admission that 11 million of its diesel vehicles use software to cheat emissions tests.
VW not first manufacturer to use deceptive emissions tactics
Almost as soon as governments began testing vehicle emissions, automakers and engine manufacturers found ways to cheat. Indiana-based Cummins Inc., for instance, was involved in a high-profile case in the late 1990s.
Subaru plans 1,200 jobs as part of $140M expansion
Subaru of Indiana Automotive plans to spend $140.2 million to expand its plant in Lafayette and add as many as 1,200 workers before the end of 2017, the company announced Monday morning.
Pence to announce new jobs at Subaru Indiana
Subaru has announced plans to produce a new SUV in Lafayette that will be exclusive to the North American market.
Cummins’ $30M divisional HQ will make statement
The building under construction on the former Market Square Arena site will be modern, with a calibrated glass facade and abundant green space.
Subaru seen boosting U.S. production as sales surge
Subaru, which employs thousands of workers in Indiana at its Lafayette plant, may sell more than 600,000 vehicles in North America in 2015, five years ahead of its mid-term plan.
Indiana auto parts plant with 750 workers set to close
The plant in Winchester, east of Muncie, has been the North America branch for Japanese manufacturer Marujun since 1999. The closing process will begin next month and finish late next year.
Auto parts maker plans factory, 400 jobs in Anderson
NTN Driveshaft Inc. plans to spend about $140 million on building and equipping the factory where it will make velocity joints for the automotive industry.
Remy buyer played hardball leading up to $950M deal
Pendleton-based auto-parts maker Remy International Inc. did squeeze some extra cash out of its acquirer, Auburn Hills, Michigan-based BorgWarner Inc.—but not a lot.
Toyota plans $16M expansion of Indiana forklift factory
Toyota has about 1,100 workers in the manufacturing facility, along with about 175 people working in sales, marketing and distribution.
Allison’s sales, profit fall on lower global demand
Allison Transmission Holdings Inc. saw revenue and sales slip in the second quarter as global demand for its products waned, the Indianapolis-based manufacturer announced late Monday.
Volkswagen tops Toyota in first-half global sales
Volkswagen overtook Toyota in global vehicle sales for the January-through-June period, the first time the German automaker has come out top in the intensely competitive tallies.
BorgWarner to acquire Remy International for $950M
Auburn Hills, Michigan-based BorgWarner Inc. announced plans Monday to buy Pendleton-based auto parts maker Remy International Inc.—the 12th largest public company in the Indianapolis area and the 25th largest in Indiana.