Automotive

Renault teams with Bollore to promote electric cars

September 9, 2014
Bloomberg News
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.
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Proportion of zero-car households rolls past 10 percent

August 16, 2014
Kathleen McLaughlin
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.
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KAR Auction Services makes $30M acquisition

August 6, 2014
 IBJ Staff
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.
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Domestic auto sales sizzled in July, helped by discounts

August 1, 2014
Associated Press
General Motors, Ford, Nissan and Chrysler all reported big gains as the major automakers reported July sales Friday.
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Allison profit upshifts on North American demand

July 24, 2014
 IBJ Staff
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.
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Want to lease a Lamborghini in Indy? Good luckRestricted Content

July 19, 2014
Sam Stall
There is little appetite for spending 'stupid money' in Indianapolis, or just about anywhere in the Midwest, for that matter.
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Suit tests INDOT policy of charging for highway repairsRestricted Content

July 19, 2014
Kathleen McLaughlin
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.
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Panel recommends highway projects, indexed gas tax

July 9, 2014
Seth Morin, The Statehouse File
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.
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GM continues down recall road, now citing Camaros

June 13, 2014
Associated Press
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.
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Illiana highway ruling slowed by wildlife concerns

June 11, 2014
Associated Press
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.
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Heads roll at GM after investigation of defective switch

June 5, 2014
Associated Press
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.
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Bollore Group chairman predicts Indy profitability

May 19, 2014
Kathleen McLaughlin
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.
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City unveils first car-sharing charging station

May 19, 2014
 Associated Press and IBJ Staff, Bloomberg News
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.
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Keystone-style overhaul discussed for key Hamilton County corridor

May 3, 2014
Andrea Muirragui Davis
A study recommends replacing as many as 10 signalized intersections along State Road 37 with roundabout interchanges, dropping the highway under the cross streets.
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Democratic councilors wrangle road repairs for districts

April 30, 2014
Kathleen McLaughlin
Indianapolis might forego repairing some heavily traveled, winter-damaged roads to instead focus on shoddy streets spread among all City-County Council districts.
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IPL wants rate hike to fund car-sharing charging stations

April 19, 2014
Kathleen McLaughlin
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.
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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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Partisan battle freezes proposal to repave ravaged city streets

April 7, 2014
Kathleen McLaughlin
A Democrat-controlled City-County Council committee has tabled a proposal to spend $8 million in Rebuild Indy funds to repair thoroughfares hit hard by the brutal winter. Democrats say the project would favor Republican districts.
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Bikeshare program to launch downtown on Cultural Trail

April 4, 2014
Mason King
The program has been dubbed Indiana Pacers Bikeshare, due to a gift from the team's owner. Users will be able to rent bikes from 25 locations along the Cultural Trail.
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Pence signs bill allowing counties to vote on transit expansion

March 26, 2014
 Associated Press and IBJ Staff
Officials in six central Indiana counties have the go-ahead to seek voter permission to fund a regional bus system.
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Study will seek answers to transportation funding issue

March 21, 2014
Jacob Rund, The Statehouse File
The Indiana Department of Transportation will launch an expansive study seeking new ways to finance road construction and maintenance, according to a bill passed by the Indiana legislature awaiting the governor's signature.
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City reports more revenue from parking meter operations

March 19, 2014
 IBJ Staff
Indianapolis received more than $3 million in revenue from parking meters in 2013, its highest total yet since turning over meter operations to ParkIndy in late 2010.
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Toyota dealers trying to stop Ed Martin's relocationRestricted Content

March 15, 2014
Chris O'Malley
Butler Auto Group has been selling Toyotas in Indianapolis since 1966. Ed Martin Auto Group has been selling Toyotas in Anderson since the 1980s. So when Toyota Motor Sales USA recently allowed Martin to move its dealership 20 miles west, to Noblesville, Rob Butler started seeing red.
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University Loft’s founder now building electric carsRestricted Content

March 15, 2014
Anthony Schoettle
The founder of University Loft Co., one of the nation’s biggest suppliers of college dorm room and military base furniture, is now venturing into the world of alternative transportation.
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Auto auctioneer invests big in tech as sales go online

March 6, 2014
Dan Human
KAR Auction Services Inc. expects to spend as much as $125 million on technology this year as its focus continues to shift to the Web and apps.
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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