U.S. automobile sales expected to rise for sixth straight year
Demand may be slowing, but U.S. consumers still bought a whole lot of cars and trucks in 2016.
Demand may be slowing, but U.S. consumers still bought a whole lot of cars and trucks in 2016.
Ford is canceling plans to build a new $1.6 billion factory in San Luis Potosi, Mexico, and will instead invest some of that money in a U.S. factory that will build new electric and autonomous vehicles.
The Japan-based automaker is in the midst of a U.S. sales boom—and the company’s Lafayette auto plant is racing to keep up.
Black Friday deals — a relatively new phenomenon for the auto industry — are expected to pull November U.S. auto sales out of their recent slump.
Subaru, a tiny, conservative Japanese brand that builds its automobiles in Indiana, is about to roll out a big, brash, American-style SUV. It’s a strategic risk for a company that has gotten in trouble before when its strays from its script.
Toyota will pay up to settle a class action lawsuit brought by U.S. pickup truck and SUV owners whose vehicles lacked adequate rust protection. Two of the models were made in Indiana.
General Motors also announced that it would invest more than $900 million in three plants to prepare for undisclosed new vehicles, including a plant in Indiana that has about 870 employees.
The work will concentrate on a 1-acre Anderson site where officials say tests have found the carcinogenic solvent trichloroethylene, or TCE.
Moriden America makes cargo systems and interior trim for the auto industry and plans to ramp up production to meet demand from a Subaru assembly plant in Lafayette.
General Motors officials are set to announce what is expected to be a major investment at an Indiana factory that will allow it to retain more than 1,400 jobs.
A nearly $15 billion settlement over Volkswagen's emissions cheating scandal cleared a key hurdle Tuesday, with a federal judge giving preliminary approval to the deal that includes an option for owners to have the carmaker buy back their vehicles.
A federal appeals court ruling that General Motors can't use its 2009 bankruptcy to fend off lawsuits over faulty and dangerous ignition switches exposes the automaker to billions in additional liabilities, according to legal experts.
Toyota Boshoku Indiana LLC has launched a $10.6 million expansion of its plant in Princeton.
However, after six straight years of growth—and record sales of 17.5 million last year—U.S. sales are beginning to plateau.
The figure would be the largest auto scandal settlement in U.S. history. An estimated 6,638 Volkswagen customers in Indiana could be eligible for estimated compensation of $66 million, Indiana’s attorney general said.
An Indiana auto assembly plant and economic development officials have turned to Fort Campbell, Kentucky, to find employees.
Sales of cars, trucks and SUVs fell 6 percent last month, to 1.54 million, according to AutoData Corp. It was the biggest monthly drop in nearly six years.
Automated trucks initially will have drivers on board in case something goes wrong, a similar model to the one employed by airlines (pilots’ role in the cockpit is mostly precautionary since planes can run on autopilot).
Toyota says the factory has produced 4.3 million vehicles, including Highlander and Sequoia SUVs and Sienna minivans.
The increases showed that Americans are still buying cars and trucks in big numbers, despite predictions by some analysts and dealers that sales have peaked.