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Auto Industry
Indiana electric car company gets new owner
July 25, 2011
IBJ Staff and Associated PressThink North America, a company that has been making electric cars at a northern Indiana factory, has a new owner, giving local
officials more confidence in its future.
MoreNavistar cutting 200 contractor jobs in Fort Wayne
July 19, 2011
Associated PressNavistar International Corp. is laying off some 200 contract workers from its Fort Wayne operations as part of its consolidation
to a new headquarters in suburban Chicago.
MoreLogistics firm adding 191 jobs in Greensburg
July 15, 2011
IBJ StaffAuto parts supplier One Solution Logistics of Indiana Inc. will expand its operations in Greensburg, creating as many as 191
jobs as the Honda Motor Co. plant there adds a second shift, state economic development officials announced Friday.
MoreNavistar seeks more tax breaks after old deal failed
July 6, 2011
Scott OlsonThe company, which had planned to close its Brookville Road plant, now is set to create 250 new jobs by investing $19 million
in new equipment. It previously received $18 million in tax breaks and repaid $5 million to the city.
MoreElkhart mayor worried about car plant's future
June 24, 2011
IBJ Staff and Associated PressThe bankruptcy filing of an electric car manufacturer has clouded the future of a northern Indiana factory that was touted
as an economic boost for an area hit hard by job losses in the recreational vehicle industry.
MoreElectric car company filing for bankruptcy
June 22, 2011
Kathleen McLaughlinThink Global, which has a factory in Elkhart and uses batteries made in the Indianapolis area, plans to liquidate its assets,
according to supplier Ener1 Inc. Ener1 expects to lose $32 million in the process.
MoreGM to invest $49M in Indiana plant, affecting 91 jobs
June 8, 2011
Associated PressGeneral Motors Co. is investing $49 million in its Bedford plant, a move that will help to create or keep 91 jobs.
MoreChrysler faces fines over Kokomo plant death
June 8, 2011
Associated PressState regulators have issued $200,000 in fines against Chrysler for safety violations found during the investigation of a
worker's death at a central Indiana factory.
MoreRV industry supplier plans Indiana expansion
June 6, 2011
Associated PressA recreational vehicle component manufacturer is considering a move into a vacant factory in northern Indiana where it could
hire 180 workers in the next few years.
MoreElectric vehicles gain traction in region
June 4, 2011
Chris O'MalleyIndianapolis has one of the highest concentrations of plug-in electric vehicle drivers in the nation, an industry official
says.
MoreBidders at Mecum auction revved up spending
June 4, 2011
IBJ StaffMarengo, Ill.-based Mecum Auctions Inc. recorded vehicle sales in Indianapolis of more than $47 million, versus $41.7 million
in 2010.
MoreGovernment to lose $14B of auto bailout funds
June 1, 2011
Associated PressThe Obama administration said Wednesday that the government will lose about $14 billion in taxpayer funds from the bailout
of the U.S. auto industry, a third of the loss officials had initially estimated.
MoreHonda set to bump up production, except in Indiana
May 27, 2011
Associated PressHonda's North American factories will return to near-normal production at most plants in August, the company said Thursday.
However, full production of the Honda Civic, which is built at plants in Indiana and Ontario, might not resume until the end
of the year.
MoreGM winding down operations at local metal-stamping plant
May 21, 2011
More than half of hourly employees have already retired or accepted transfers to other GM facilities.
MoreEner1 stock takes beating after Think write-down
May 21, 2011
IBJ StaffThe battery maker has been hurt by slow sales of electric car manufactured in Elkhart.
MoreHonda to cut production of new Civic, other models
May 2, 2011
Associated PressHonda Motor Co. warned U.S. dealers Monday that it will run short of popular models such as the Civic compact later this summer
because of parts shortages caused by Japan's earthquake.
MoreAllison Transmission prepares to enter nascent hybrid market
April 30, 2011
Kathleen McLaughlinThe industry is waiting for the magic combination of high fuel prices and government-backed incentives to turn potential into
profit.
MoreThink hopes to boost sales through Indiana rebate
April 27, 2011
Kathleen McLaughlinElectric car maker Think hopes to kick-start sluggish sales through a rebate program available only to Indiana residents.
MoreNavistar recalling workers at Indianapolis plant
April 20, 2011
Associated PressNavistar has recalled 120 workers who were laid off when Indianapolis Casting Corp. stopped production at the facility in
late 2010 and plans to recall 30 more of those workers by June.
MoreToyota extends North American production cuts
April 19, 2011
Associated PressToyota Motor Corp. has extended production cuts at its North American factories into early June as it struggles to deal with
parts shortages caused by the earthquake that hit Japan.
MoreSteel Dynamics' quarterly profit jumps 63 percent
April 19, 2011
Associated PressSteel Dynamics earned $105.9 million, compared with $65 million in the year-ago quarter. Revenue rose 30 percent, to $2 billion.
Analysts were looking for $1.91 billion.
MoreBattery maker drops Indianapolis president
April 15, 2011
Kathleen McLaughlinBattery maker Ener1 Inc. has fired Chief Operating Officer Rick Stanley, who was also president of the company's Indianapolis-based
operation, EnerDel Inc.
MoreCummins spurs launch of mechanical engineering program
April 9, 2011
Kathleen McLaughlinThis fall, Indiana University-Purdue University at Columbus will roll out its first four-year mechanical engineering program.
MoreToyota in Indiana to work through production slowdowns
April 8, 2011
IBJ Staff and Associated PressToyota Motor Corp. announced Friday that its Indiana plant in Princeton will operate on a reduced production schedule in the
coming weeks, but employees will not lose work because of it.
MoreCummins Inc. plans to add 2,500 new jobs in U.S.
April 5, 2011
Associated PressThe Columbus-based engine manufacturer says it is hiring across the board to meet strong demand worldwide and in anticipation
of an economic recovery.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!