Auto Industry

Body shops sue insurers, allege push to drive down pricesRestricted Content

April 12, 2014
Chris O'Malley
In a federal lawsuit, 14 Indiana auto-body shops accuse State Farm and competitors of extracting “unreasonable and onerous” concessions on vehicle repair costs.
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Toyota, GM recalls push U.S. to near-record pace

April 10, 2014
Associated Press
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.
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'Architecturally significant' Cummins HQ likely won't scrape downtown skyline

March 26, 2014
Scott Olson
The engine maker's planned global distribution headquarters downtown will seem modest compared to a 28-story apartment complex slated for across Market Street, but the firm has a strong history of promoting breath-taking architecture.
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U.S. agrees to $1.2B settlement with Toyota

March 19, 2014
Associated Press
U.S. Attorney General Eric Holder said it is the largest financial penalty of its kind ever imposed on an auto company.
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Cummins recalling 25,013 engines over possible fire risk

March 3, 2014
Associated Press
The engines can be found in a variety of commercial vehicles including school and transit buses as well as fire trucks.
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Subaru continues Lafayette factory plans with far fewer jobs

February 27, 2014
Associated Press
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.
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Indiana RV museum on road to recovery

February 16, 2014
Associated Press
The 71-year-old president of the RV/MH Hall of Fame in Elkhart says the museum's debt has been reduced from $5.5 million to about $2.5 million.
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Allison Transmission finishes lackluster year with bang

February 14, 2014
 IBJ Staff
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.
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Lighting factory to close, laying off 95 workers

February 13, 2014
Associated Press
In 2008, the Federal-Mogul factory in Avilla announced an expansion that could bring employment to 170 by 2010. But the company says it now has only 95 employees.
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Auto supplier plans 220-worker plant in Indiana

February 5, 2014
 IBJ Staff
Switzerland-based Autoneum Holding AG said it will lease 300,000 square feet on a 23-acre site at the River Ridge Commerce Center in Jeffersonville.
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Toyota world's top-selling car maker for second year

January 23, 2014
Associated Press
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.
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Toyota, Honda set North American production records

January 22, 2014
Bloomberg News
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.
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GM to invest $1.3 billion in five factories

December 16, 2013
Associated Press
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.
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Car parts maker to expand operations, hire 120

December 12, 2013
 IBJ Staff
Mayco International LLC will invest $2.9 million and significantly boost employment at its Hartford City plant, due to new client orders for interior sunshades.
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GM taps female CEO; ex-Cummins chief named chairman

December 10, 2013
Bloomberg News
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.
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Government sells remaining stake in General Motors

December 10, 2013
Associated Press
The U.S. government ended up losing $10.5 billion on the General Motors bailout, but it says the alternative would have been far worse.
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Toyota begins production of 2014 SUV in Indiana

December 5, 2013
Associated Press
Toyota Motor Manufacturing Indiana Inc. says because of the Highlander it has invested another $430 million into the automotive plant in Princeto. Toyota also plans to add 600 more jobs at the factory by the end of 2014.
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Northern Indiana benefitting from resurgence of RVs

November 29, 2013
Associated Press
An industry report shows that RV shipments to retailers last month were up 29 percent from September and nearly 17 percent more than during October 2012.
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Book captures Madison County's automotive history

November 22, 2013
Associated Press
When America was making the transition from horse and buggies to the horseless carriage at the start of the 20th century, the city of Anderson was a part of the innovation that changed how the nation would travel forever.
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Loss of Camry production in state not certain, exec says

November 20, 2013
Bloomberg News
Toyota Motor Corp.’s top North American executive said the carmaker hasn’t decided to end a production deal that supplies it with 100,000 Camry sedans annually from Fuji Heavy Industries Ltd.’s U.S. Subaru plant in Lafayette.
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Tipton County won't stop work at Chrysler plant over permits

November 15, 2013
Associated Press
Three residents have appealed the Tipton County planning director's decision to extend without public notice the building permit originally given to Getrag, which stopped construction at the factory in 2008.
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Racing home: Fast-growing trade show returns to IndyRestricted Content

November 2, 2013
Anthony Schoettle
The upcoming Performance Racing Industry Show—in its first year back in Indianapolis since 2004—is beating expectations for exhibitors, attendees and, most important, visitor spending.
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Three cities seek grant to boost manufacturing

October 16, 2013
Associated Press
Three central Indiana cities that once had thousands of auto workers have joined together in seeking a $20 million federal grant to help attract new businesses to their empty factories.
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Honda marking fifth anniversary of Greensburg plant

October 9, 2013
Associated Press
The company's Greensburg facility turned out its first Honda Civic sedans on Oct. 9, 2008, with about 1,000 workers at the plant. Honda officials say the factory now has more than 2,000 employees.
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KAR Auction Services riding the wave of auto recoveryRestricted Content

October 5, 2013
Greg Andrews
Early investors in KAR Auction Services are looking savvy. Since November 2012, KAR shares have marched steadily higher, rising from $12.25 to nearly $29.
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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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