LEADING QUESTIONS: Burd Ford flies after tragedy
Richard Burd's suicide led to shrewd cost-cutting at the family auto dealership. For Christine Burd, returning to profitability is both heartening and heartbreaking.
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Auto plant’s 300 jobs draw 3,000 applicants
The response to openings at a Chrysler transmission plant in Kokomo reflects the large number of people out of work, a union
official said.
UAW salvages Navistar foundry on brink of closing
A five-year contract ratified late Tuesday covers 250 workers in UAW Local 226 who work at Indianapolis Casting Corp.
Ruling on Visteon retiree benefits overturned
In overturning two lower court decisions, a three-judge panel of the 3rd U.S. Circuit Court of Appeals in Philadelphia unanimously
agreed with attorneys representing some 2,100 retirees from two Visteon manufacturing plants in Indiana.
Cummins to expand Seymour plant, add 200 jobs
Cummins said it will invest $100 million in the Seymour plant as it rolls out a new, larger-displacement engine.
Toyota adding 100 workers at Indiana factory
The hiring follows Toyota’s announcement this month that it would move some of its Highlander SUV production from Japan to
the Princeton plant.
GM keeping Fort Wayne plant open all summer
The automaker will keep open nine of 11 assembly plants—including one in Fort Wayne—to make 56,000 more vehicles
that are in high demand, such as the Buick LaCrosse luxury sedan and the Chevrolet Traverse large crossover vehicle.
GM recalling 1.5 million vehicles over fire concerns
The recall affects several pickup trucks, sport utility vehicles, crossovers and passenger car models from the 2006 to 2009
model years. GM conducted a similar recall in 2008 but came across new reports of fires in vehicles that had been fixed.
EnerDel parent lands $65M investment
The parent company of lithium-ion battery maker EnerDel has landed a $65 million investment from its largest shareholder.
Toyota to move Highlander production to Indiana
Toyota began manufacturing the Highlander SUVs in November 2000 and has been making between 1,000 to 9,000 gasoline vehicles
a month. In April, it produced about 1,900 units.
EnerDel forms joint venture with Chinese autoparts maker
Battery company will offer expertise to help Wanxiang build Chinese factory, fill backlogs. Indiana employment could reach 3,000, but there’s no target date for achieving that milestone.
City hosting U.S.-China vehicle summit
Event will bring together a delegation of Chinese automakers and Indiana manufacturers to explore business opportunities relating
to hybrid and electric vehicles.
Mitsubishi planning Franklin expansion
A Franklin manufacturing facility is planning a $9.4 million expansion project that would more than double employment over
the next two years.
Old General Motors sites could receive $800M for clean up
The proposed sites include the Indianapolis Stamping plant on the west side and the former GM Delco Plant 5 in Kokomo.
Chrysler plans to spend $300M retooling Kokomo plants
Investment in transmission and casting plants, however, hinges on city’s ability to offer tax abatement.
Subaru adding production at Lafayette plant
Japanese automaker has boosted employment by 200 since August to meet demand for its Outback and Legacy models.
Sale of GM plant could come as soon as June
UAW official says General Motors and prospective buyer are working on a “real aggressive” schedule to have the acquisition
completed by the end of June.
UPDATE: GM fuel-efficiency push means jobs in Bedford
General Motors plans to invest $111 million and add 245 new jobs at a plant in Bedford as part of a larger effort to make
its fleet more fuel-efficient.
Chrysler’s old assets in bankruptcy can be liquidated, court rules
Investors who had challenged the bankruptcy sale, including the Indiana State Police Pension Trust, had argued that Treasury
Secretary Timothy Geithner violated the Constitution by using TARP money to finance the sale, and had their arguments overruled
in the appeals court.
Carbon Motors’ prototype cop car is crammed with technology
The specialized vehicle can read license plates, sniff for weapons of mass destruction and see people and animals in
the dark.