Toyota, Honda set North American production records
Toyota built 1.86 million cars and light trucks at U.S., Canadian and Mexican plants in 2013, while Tokyo-based Honda made 1.78 million autos in North America.
Auto Industry
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GM to invest $1.3 billion in five factories
An Indiana plant will get $29.2 million to make parts for 10-speed transmissions and for six-speed transmission components. The Bedford facility has about 600 workers.
Car parts maker to expand operations, hire 120
Mayco International LLC will invest $2.9 million and significantly boost employment at its Hartford City plant, due to new client orders for interior sunshades.
GM taps female CEO; ex-Cummins chief named chairman
General Motors Co. named Mary Barra to succeed Dan Akerson as chief executive officer, making her the first female CEO in the global automotive industry. Former Cummins Inc. CEO and chairman Tim Solso was named GM's chairman.
Government sells remaining stake in General Motors
The U.S. government ended up losing $10.5 billion on the General Motors bailout, but it says the alternative would have been far worse.
Toyota begins production of 2014 SUV in Indiana
Toyota Motor Manufacturing Indiana Inc. says because of the Highlander it has invested another $430 million into the automotive plant in Princeto. Toyota also plans to add 600 more jobs at the factory by the end of 2014.
Northern Indiana benefitting from resurgence of RVs
An industry report shows that RV shipments to retailers last month were up 29 percent from September and nearly 17 percent more than during October 2012.
Book captures Madison County’s automotive history
When America was making the transition from horse and buggies to the horseless carriage at the start of the 20th century, the city of Anderson was a part of the innovation that changed how the nation would travel forever.
Loss of Camry production in state not certain, exec says
Toyota Motor Corp.’s top North American executive said the carmaker hasn’t decided to end a production deal that supplies it with 100,000 Camry sedans annually from Fuji Heavy Industries Ltd.’s U.S. Subaru plant in Lafayette.
Tipton County won’t stop work at Chrysler plant over permits
Three residents have appealed the Tipton County planning director’s decision to extend without public notice the building permit originally given to Getrag, which stopped construction at the factory in 2008.
Racing home: Fast-growing trade show returns to Indy
The upcoming Performance Racing Industry Show—in its first year back in Indianapolis since 2004—is beating expectations for exhibitors, attendees and, most important, visitor spending.
Three cities seek grant to boost manufacturing
Three central Indiana cities that once had thousands of auto workers have joined together in seeking a $20 million federal grant to help attract new businesses to their empty factories.
Honda marking fifth anniversary of Greensburg plant
The company's Greensburg facility turned out its first Honda Civic sedans on Oct. 9, 2008, with about 1,000 workers at the plant. Honda officials say the factory now has more than 2,000 employees.
KAR Auction Services riding the wave of auto recovery
Early investors in KAR Auction Services are looking savvy. Since November 2012, KAR shares have marched steadily higher, rising from $12.25 to nearly $29.
Auto parts supplier expanding Indiana factory
Heartland Automotive plans to spend $38 million on a factory expansion that could add up to 220 jobs in the next two years.
RV exec seeking new start in Indy
A member of one of the recreational vehicle industry’s elite families hopes to get a fresh start in Indianapolis by launching a manufacturer of super-high-end RVs.
Auto parts supplier hiring 100 for Indiana plant
Tenneco Inc. officials say the factory in the Noble County city of Ligonier is increasing production to make parts on a new line for Chrysler.
Asian automakers dominate in good month for car sales
Honda and Subaru led U.S. sales gains in August as auto demand beat projections and Asia-based carmakers, buoyed by Toyota Motor Corp., combined for their best month ever.
Ford recalls 370,000 cars
Potential corrosion to the cars' steering shafts might result in loss of control. No incidents or injuries have been reported.
Subaru considers ways to fix its supply problem
Subaru, which employs about 3,600 people in Lafayette, is taking measured steps to expand its production capacity, but today it is worried about running out of cars.