Auto Industry

Indiana experts weigh in on environmental issuesRestricted Content

March 5, 2011
A panel discussion includes topics ranging from green power initiatives and hybrid cars to landfill policies and environmental regulations.
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Indiana-made electric cars recalled for 3rd time

March 2, 2011
Associated Press
Think North America has filed documents with the National Highway Traffic Safety Administration recalling 23 of its City electric cars produced late last year.
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IPO could help ease Allison Transmission's debt

February 28, 2011
Kathleen McLaughlin
Allison Transmission Inc.'s enormous debt load is probably one factor driving the company to consider a public offering, an investment analyst said Monday morning.
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Report: Allison may raise up to $1B in IPO

February 25, 2011
 IBJ Staff
The Indianapolis company, the world's largest maker of commercial transmissions, may go public in the third quarter, Reuters reported.
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Cummins sells exhaust business to Global Tube

January 25, 2011
Associated Press
Cummins Inc. will sell its exhaust business, which includes several plants in Wisconsin, to Global Tube, a portfolio company of the Chicago-based private equity firm Wind Point Partners.
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Remy International considering stock offering, CEO says

January 24, 2011
Bloomberg News
Pendleton-based Remy International Inc., the former General Motors Co. unit that exited bankruptcy in 2007, is considering a public offering of its stock this year, CEO John Weber says.
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Ambulance manufacturing plant in northern Indiana closing

January 17, 2011
Medtec Ambulance Corp. has notified state officials it will close its plant in Goshen on March 31 as part of a reorganization that will move operations to Bradenton, Fla., costing 150 workers their jobs.
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Humvee maker cutting 300 jobs at Indiana factory

January 17, 2011
Associated Press
AM General plans to lay off 300 workers from the Mishawaka factory that makes Humvees for the military.
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Honda's Civic becomes 'athletic'

January 15, 2011
 IBJ Staff
Honda unveiled the concept design for its 2012 Civic at the North American International Auto Show in Detroit last week.
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First vehicles roll out of Indiana electric-car plant

December 16, 2010
Associated Press
Fifteen cars rolled out of Think North America's Elkhart plant on Wednesday, bound for Indianapolis. The cars will be used primarily by the state Department of Natural Resources.
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Chrysler to invest another $85M in Kokomo plant

December 14, 2010
Associated Press
Chrysler Group LLC said Tuesday it plans to invest an additional $85 million in its Kokomo transmission plant. The money is in addition to the recently announced $1.2 billion investment in other facilities in the north-central Indiana city.
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GM considering Fort Wayne plant for $230M upgrade

December 14, 2010
Associated Press
General Motors is considering $230 million in upgrades to its truck assembly plant near Fort Wayne.
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Think car sales benefit battery-maker EnerDelRestricted Content

December 4, 2010
 IBJ Staff
Indianapolis-based EnerDel is the main battery supplier for Think’s two-seat City.
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Local GM stamping plant layoffs to begin next month

December 2, 2010
 IBJ Staff
It’s official: General Motors will begin shutting down its Indianapolis metal-stamping plant Jan. 28, with an initial wave of layoffs that will cost 75 workers their jobs.
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Electronics maker buying former GM factory in Anderson

November 30, 2010
Northwind Electronics LLC will invest $954,000 to buy, renovate and equip a former General Motors factory in Anderson—creating as many as 100 jobs in the next two years, state economic development officials said Tuesday afternoon.
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Anderson loses out on Bright Automotive tech center

November 30, 2010
Upstart hybrid vehicle maker plans to locate tech center in Rochester Hills, Mich. About 200 jobs and an $11 million investment were at stake.
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SKARBECK: GM's return to market not your usual IPORestricted Content

November 27, 2010
Ken Skarbeck
This unusual taxpayer-owned IPO did create some interesting conflicts.
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Electric car maker starts production at Elkhart plant

November 24, 2010
Associated Press
Think North America has started work on two-seat electric cars at its northern Indiana facility and expects the first ones to be finished in the coming days.
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Duke Energy exploring other uses for electric-vehicle batteries

November 23, 2010
Scott Olson
The utility, which has about 780,000 customers in Indiana, is teaming with Japanese firm Itochu Corp. to test applications for used electric vehicle batteries. The pilot project builds on Indiana's clean-tech initiative, Energy Systems Network.
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Chrysler to invest $843 million in Kokomo plants

November 23, 2010
Associated Press
The investment was announced just ahead of appearances Tuesday by President Barack Obama and Vice President Joe Biden at a Chrysler transmission plant.
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Truck manufacturing might ramp up 56 percent in 2011

November 21, 2010
Bloomberg News
An expected push to refresh the oldest North American commercial trucking fleet in at least 31 years should boost sales at partsmakers like Columbus-based Cummins Inc.
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South Bend to lose 250 jobs with Bosch closing

November 16, 2010
Associated Press
Auto parts maker says it will close its South Bend facilities by the end of 2011 and will offer about 170 of the 250 employees who work there jobs in other states.
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Automotive supplier plans 200 new jobs at Butler plant

November 16, 2010
 IBJ Staff
Multimatic Inc. plans to expand its northeast Indiana production operation, adding new assembly lines as it aims to create over 200 jobs by 2013—more than tripling employment there.
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Motor maker Remy plans expansion driven by electric vehiclesRestricted Content

November 13, 2010
Kathleen McLaughlin
Motor maker Remy International will embark on a major expansion next spring to satisfy growing demand from makers of hybrid and electric vehicles—and Madison County officials think they’re well positioned to land the jobs.
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Anderson makes headway in disposing of former GM sites

November 3, 2010
Kathleen McLaughlin
The city of Anderson is nearing a milestone in its effort to find new uses for numerous former General Motors sites that have been in its possession since 2006.
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  1. "And the success of the Indiana GOP to not allow an expansion of Medicaid had nothing to do with Indiana hospitals' financial woes? Fixed that for you; editorial bias rebalanced. Seriously, there are so many things wrong with Obamacare that the only way one can view it as a success is to assume that it was designed to fail our way into a government single payor healthcare system. The system is complex, creates huge regulatory burdens and overhead and yet still does not have adequate means to control escalating health care costs. But then when you elect a 10th grade math drop out with no quantitative reasoning skills to be President of one of the world's most important economies in troubled times, you can't really be surprised by blatant stupidity.

  2. No NIMBYs here to chase off a decent development. We don't need tons of parking and we'd happily play the role of host to a downtown Whole Foods.

  3. Whatever you do, don't change a single thing about Broad Ripple. I want it to look just like it did in the late '70s, with 30% of the north side of Broad Ripple Avenue burned out and plenty of places to park. That's right Broad Ripple, NEVER CHANGE. Let the world pass you by, don't improve your empty, abandoned lots full of weeds. Someday someone will want to film a zombie movie here.

  4. Hollywood could step in and make a movie about the history about this forlorn series. It could be a full celebrity cast of characters. WOW. http://www.advanceindiana.blogspot.com/2013/02/indiana-taxpayers-forced-to-pay-for.html

  5. This shouldn't come as a shock to many. Austin is a great city, and Indy needs to take some notes. Austin invests in decent transit options, has a highly educated workforce, embraces a creative class, and --despite being the state capital-- is not micromanaged by rural and suburban legislators. Want Indy to grow? Invest in the city (i.e. spend money). Raise taxes a bit, and use the money to improve education. And keep the state legislature out of Indy the other 9 months of the year.

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