Allison profit upshifts on North American demand
In its second quarter, the Indianapolis-based manufacturer of transmissions and propulsion systems rode accelerating sales for rugged-duty, student transport, and hydraulic fracturing equipment.
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GM planning $27M investment in Bedford plant
The automaker filed a tax abatement request for the Bedford factory project, saying it would add about 40 jobs and raise the plant’s employment to some 650 workers.
GM continues down recall road, now citing Camaros
The automaker is recalling nearly 512,000 Chevrolet Camaro muscle cars from 2010 to 2014 because a driver’s knee can bump the key and knock the switch out of the “run” position.
GM ignition-defect recall delay investigated by Indiana
General Motors Co.’s delayed decision to recall almost 2.6 million cars for ignition-switch defects is being investigated by Indiana Attorney General Greg Zoeller, a spokeswoman for his office said.
Heads roll at GM after investigation of defective switch
The automaker says 15 employees—many of them senior legal and engineering executives—have been forced out of the company for failing to disclose the defect linked to 13 deaths.
Subaru starts building new SUV model in Lafayette
Factory workers gathered Monday to celebrate the first day of production on the 2015 model, which is among three Subaru vehicles built at the 3,600-worker plant.
Government fines GM maximum $35M in safety case
It's the maximum penalty that the government can impose and the first time an automaker has been fined that much. But the amount is less than a day's revenue for the automaker.
Chrysler hires 204 workers for new plant
At full capacity, the Tipton plant will be able to ship about 800,000 transmissions annually to assembly plants in Toledo, Ohio, and Sterling Heights, Mich., as well as Italy, Turkey, Brazil and China.
UPDATE: Toyota to quit Camry production in Lafayette
Fuji Heavy Industries Ltd., the maker of Subaru cars, will stop making Camry cars in the U.S. for its largest shareholder, Toyota Motor Corp., in the second half of 2016. About 100,000 Camrys are made annually at the Indiana plant.
Pickups, small SUVs lead April auto sales rebound
U.S. car buyers came out of hibernation in April to spend on pickup trucks and SUVs, fueling an auto sales rebound that analysts expect to last the rest of the year.
Chrysler set to celebrate Indiana factory’s opening
Chrysler expects to have up to 850 workers at the Tipton factory, with a goal of it producing 400,000 transmissions by year’s end.
Toyota, GM recalls push U.S. to near-record pace
So far this year, automakers have recalled about 9 million vehicles in the U.S. If that pace continues, the nation would break the record of 30.8 million recalled vehicles set in 2004.
U.S. agrees to $1.2B settlement with Toyota
U.S. Attorney General Eric Holder said it is the largest financial penalty of its kind ever imposed on an auto company.
University Loft’s founder now building electric cars
The founder of University Loft Co., one of the nation’s biggest suppliers of college dorm room and military base furniture, is now venturing into the world of alternative transportation.
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.
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.
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.
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.