Subaru plans 1,200 jobs as part of $140M expansion
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 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.
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.
Pendleton-based auto-parts maker Remy International Inc. did squeeze some extra cash out of its acquirer, Auburn Hills, Michigan-based BorgWarner Inc.—but not a lot.
Volkswagen overtook Toyota in global vehicle sales for the January-through-June period, the first time the German automaker has come out top in the intensely competitive tallies.
The recall covers about 72,000 Outback, Legacy, Impreza and XV Crosstrek models with the company's Eyesight Driver Assist system.
Subaru, which has thousands of workers in Indiana, has never seen so much demand from car buyers. But making big moves to boost output could hurt the very thing that customers love about the automaker—its smaller size.
The fact that I never dreamed of cars didn’t diminish the appeal of “Dream Cars”
Automakers are cramming cars with wireless technology, but they have failed to adequately protect those features against the real possibility that hackers could take control of vehicles or steal personal data, according to an analysis of information that manufacturers provided to a senator.
Mercedes-Benz, the world’s third-biggest maker of luxury automobiles, is contracting out production of the R-Class wagon to a factory in Indiana, a move that will allow it to expand its line of U.S.-built sport-utility vehicles.
Every plant announced for North America since 2009 has gone to Mexico. The upshot is not only few assembly jobs, but fewer jobs and businesses that feed off of the massive operations.
Holiday sales, cheaper gas prices and low interest rates pushed U.S. auto sales to big gains in December, helping the industry close out a strong year.
Butler Auto Group plans to move its Indianapolis Fiat and Maserati dealerships to a new facility on 96th Street that also will sell the resurgent Alfa Romeo sports car.
The Kokomo City Council voted unanimously Monday night to give initial approval for a 10-year property tax abatement to Chrysler. The automaker said the break would help it retain 212 jobs with a combined salary of $9.8 million.
RV shipments for the first eight months of 2014 have reached about 246,000 units, a gain of 9 percent from 2013.
Private equity firms Carlyle Group and Onex Group fared well on their purchase of Indianapolis-based Allison Transmission, with the $763 million each put into the 2007 deal more than tripling in value.
Strong sales for the Highlander and Sequoia SUVs as well as Sienna minivans have boosted production at the 4,700-worker factory near Princeton.
Renault SA is teaming up with French billionaire Vincent Bollore to make electric cars as the two struggle to establish a market for the emission-free vehicles, including one in Indianapolis.
Toyota Indiana on Friday said it plans to expand operations at its Princeton plant, about 150 miles southwest of Indianapolis, creating up to 300 jobs by 2016.
General Motors, Ford, Nissan and Chrysler all reported big gains as the major automakers reported July sales Friday.