The electric car-sharing service is barely 15 percent of the way toward critical mass for profitability. It has targeted local college campuses, groceries and cultural attractions as growth engines as it continues broad expansion plans.
Local cab drivers have complained that current rules put them at a disadvantage when trying to compete with ride-sharing services Uber and Lyft.
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.
However, after six straight years of growth—and record sales of 17.5 million last year—U.S. sales are beginning to plateau.
Indiana residents buying vehicles will have extra days to get their titles and plates beginning Friday. And auto dealers will have more time after a sale to deliver a title.
Fired in 2005 as CEO of Adesa Inc., a vehicle-auction company based in Carmel, James Hallett later engineered a buyout that put him back in the driver’s seat of the company, now known as KAR Auction Services.
Three central Indiana Toyota dealers lost their battle to stop a fourth from moving into their vicinity as the Indiana Supreme Court ruled Thursday they did not have standing to stop the move from happening.
Volvo Trucks North America had requested that the verdict be thrown out, arguing that “no reasonable jury could award damages” based on the evidence presented at trial.
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).
BlueIndy, the electric car-sharing service that was launched in Indianapolis in September, has installed 20 “Bluecars” in the airport’s daily parking garage.
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.
Andy Mohr Automotive Group Inc. has acquired Stephens Honda and Stephens Hyundai in Bloomington, the Indianapolis-based dealer announced Wednesday.
Tesla Motors Inc. prevailed Thursday in Indiana, where lawmakers sidelined a bill that would have kicked the company out of the state unless it establishes dealerships.
Tesla Motors Inc., which has long skirmished with auto dealers over its practice of selling cars directly to consumers, has accused General Motors Co. of being the driving force behind a bill to kick Tesla out of Indiana.
KAR Auction Services Inc. on Wednesday reported slightly lower quarterly earnings that missed analyst expectations. It also said it plans to buy a group of eight auctions in Idaho, Oregon, Nevada, Utah and California.
Two dozen auto insurers in Indiana already have launched at least small-scale usage-based insurance programs, according to the Indiana Department of Insurance.
The problem could lead to hoods flying open while the cars are moving. The recall covers the 2013 to 2015 model years.
Proceeds from its sale will support the Indiana Recycling Coalition’s statewide recycling programs and efforts to educate Hoosiers about environmental sustainability.
A surge of activity in the Mass Ave area is spilling over into the historic neighborhood that’s now considering whether to restrict parking on its streets.
