Automakers

GM to invest $49M in Indiana plant, affecting 91 jobs

June 8, 2011
Associated Press
General Motors Co. is investing $49 million in its Bedford plant, a move that will help to create or keep 91 jobs.
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Chrysler faces fines over Kokomo plant death

June 8, 2011
Associated Press
State 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.
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Bidders at Mecum auction revved up spendingRestricted Content

June 4, 2011
 IBJ Staff
Marengo, Ill.-based Mecum Auctions Inc. recorded vehicle sales in Indianapolis of more than $47 million, versus $41.7 million in 2010.
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Government to lose $14B of auto bailout funds

June 1, 2011
Associated Press
The 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.
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Honda set to bump up production, except in Indiana

May 27, 2011
Associated Press
Honda'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.
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GM winding down operations at local metal-stamping plantRestricted Content

May 21, 2011
More than half of hourly employees have already retired or accepted transfers to other GM facilities.
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Honda to cut production of new Civic, other models

May 2, 2011
Associated Press
Honda 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.
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Think hopes to boost sales through Indiana rebate

April 27, 2011
Kathleen McLaughlin
Electric car maker Think hopes to kick-start sluggish sales through a rebate program available only to Indiana residents.
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Toyota extends North American production cuts

April 19, 2011
Associated Press
Toyota 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.
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Toyota in Indiana to work through production slowdowns

April 8, 2011
 IBJ Staff and Associated Press
Toyota 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.
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CEO says transformation prepped Remy International for IPO

April 2, 2011
Greg Andrews
Remy’s transformation since 2007, when a $700 million debt load propelled it into bankruptcy court, could be fodder for business-school case studies of the 21st century.
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As Japan shutdowns drag on, auto crisis worsens

March 27, 2011
Associated Press
In the weeks ahead, car buyers will have difficulty finding the model they want in certain colors, thousands of auto plant workers will likely be told to stay home, and companies such as Toyota, Honda and others will lose billions of dollars in revenue.
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Subaru, Toyota curb output at Indiana plants

March 15, 2011
Associated Press
Two Japanese automakers are scaling back production at North American plants as they assess their ability to get parts from Japan after that country's devastating earthquake and tsunami.
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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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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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Unions looking to make Hoosier comebackRestricted Content

January 22, 2011
Kathleen McLaughlin
Indiana could be on the front line in the United Auto Workers’ campaign to unionize foreign-owned plants.
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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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