New Indiana Toll Road operator due amid bankruptcy
The debt-ridden private company running the Indiana Toll Road intends to transfer its operations to a new entity under a bankruptcy filing planned for Monday.
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Renault teams with Bollore to promote electric cars
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.
Proportion of zero-car households rolls past 10 percent
Indianapolis experienced one of the fastest gains in car-less households of any major city in a recent five-year period, according to U.S. Census data compiled by a University of Michigan researcher.
Monroe County alters ordinance that sparked I-69 suit
The Indiana Department of Transportation had sued the southern Indiana county after it imposed restrictions in response to residents' complaints about late-night construction noise around the I-69 site.
KAR Auction Services makes $30M acquisition
Carmel-based KAR Auction Services Inc., which released a solid quarterly earnings report Tuesday, acquired a 50-percent stake in Toronto-based Nth Gen Software Inc., which makes the TradeRev automotive remarketing system.
Domestic auto sales sizzled in July, helped by discounts
General Motors, Ford, Nissan and Chrysler all reported big gains as the major automakers reported July sales Friday.
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.
Suit tests INDOT policy of charging for highway repairs
A trucking company is challenging the Indiana Department of Transportation’s authority to sue for damage to state property, a lawsuit that could affect thousands of motorists and millions of dollars in revenue.
Want to lease a Lamborghini in Indy? Good luck
There is little appetite for spending ‘stupid money’ in Indianapolis, or just about anywhere in the Midwest, for that matter.
Panel recommends highway projects, indexed gas tax
The state should index its gas tax to increase with inflation, build a new bypass around Indianapolis, and consider user fees to supplement highway funding, a transportation panel said in its recommendations Wednesday.
UPDATE: State financing $250M for Interstate 69 segment
The project will upgrade much of the existing Indiana 37 to interstate standards for the I-69 extension that is planned to eventually connect Indianapolis and Evansville.
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.
Illiana highway ruling slowed by wildlife concerns
Federal approval for the Illiana Expressway toll road has been delayed by concerns from the U.S. Fish and Wildlife Service partly over how the project might affect endangered species, an Indiana Department of Transportation project manager 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.
Bollore Group chairman predicts Indy profitability
Speaking at Monday’s BlueIndy ribbon-cutting downtown, Bollore Group Chairman Vincent Bollore said the electric car-sharing service will need 15,000 to 20,000 regular users to break even.
City unveils first car-sharing charging station
A French company on Monday unveiled its first electric car-charging station in Indianapolis, where drivers will be able to rent plug-in vehicles for short-term trips later this year.
Keystone-style overhaul discussed for key Hamilton County corridor
A study recommends replacing as many as 10 signalized intersections along State Road 37 with roundabout interchanges, dropping the highway under the cross streets.
Democratic councilors wrangle road repairs for districts
Indianapolis might forego repairing some heavily traveled, winter-damaged roads to instead focus on shoddy streets spread among all City-County Council districts.
IPL wants rate hike to fund car-sharing charging stations
Mayor Greg Ballard’s hope of making Indianapolis the first U.S. city with an all-electric car- sharing service hinges on a rate hike to cover $16 million in costs to Indianapolis Power and Light.
Body shops sue insurers, allege push to drive down prices
In a federal lawsuit, 14 Indiana auto-body shops accuse State Farm and competitors of extracting “unreasonable and onerous” concessions on vehicle repair costs.