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.
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.
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.
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.
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.
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.
The UAW represents around 40,000 factory workers in the United States. More than 7,000 of those employees work in Kokomo.
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.
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.
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 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.
Subaru has announced plans to produce a new SUV in Lafayette that will be exclusive to the North American market.
The building under construction on the former Market Square Arena site will be modern, with a calibrated glass facade and abundant green space.
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.
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.
