Subaru continues Lafayette factory plans with far fewer jobs
Subaru is moving ahead with its plans for spending more than $400 million to expand and upgrade its Lafayette factory while significantly scaling back the expectations for new jobs.
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Indiana RV museum on road to recovery
The 71-year-old president of the RV/MH Hall of Fame in Elkhart says the museum’s debt has been reduced from $5.5 million to about $2.5 million.
Allison Transmission finishes lackluster year with bang
Allison Transmission Holdings Inc. kicked its fourth quarter into overdrive with a 70-percent increase in profit over the same quarter in 2012, the firm reported Thursday. But profit for the year was down significantly.
Lighting factory to close, laying off 95 workers
In 2008, the Federal-Mogul factory in Avilla announced an expansion that could bring employment to 170 by 2010. But the company says it now has only 95 employees.
Auto supplier plans 220-worker plant in Indiana
Switzerland-based Autoneum Holding AG said it will lease 300,000 square feet on a 23-acre site at the River Ridge Commerce Center in Jeffersonville.
Toyota world’s top-selling car maker for second year
Toyota remained the top-selling automaker for a second year in a row, beating U.S. rival General Motors by some 270,000 vehicles in 2013.
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.
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.