Chrysler

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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Chrysler hires 204 workers for new plant

May 13, 2014
Associated Press
At full capacity, the Tipton plant will be able to ship about 800,000 transmissions annually to assembly plants in Toledo, Ohio, and Sterling Heights, Mich., as well as Italy, Turkey, Brazil and China.
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Pickups, small SUVs lead April auto sales rebound

May 1, 2014
Associated Press
U.S. car buyers came out of hibernation in April to spend on pickup trucks and SUVs, fueling an auto sales rebound that analysts expect to last the rest of the year.
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Chrysler set to celebrate Indiana factory's opening

April 16, 2014
Associated Press
Chrysler expects to have up to 850 workers at the Tipton factory, with a goal of it producing 400,000 transmissions by year's end.
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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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Chrysler, General Motors plants take divergent pathsRestricted Content

March 30, 2013
Dan Human
In Kokomo, Chrysler plants rise with the resurgent automaker, while a GM plant across the highway hasn't been so fortunate.
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Chrysler confirms state investment of $374 million

February 28, 2013
Dan Human
Chrysler Group LLC plans to invest a total $374 million and add 1,250 jobs in Kokomo and Tipton, the company confirmed Thursday.
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Chrysler expansion fueled by optimistic sales outlookRestricted Content

December 22, 2012
Dan Human
Chrysler Group LLC is betting on huge sales gains to justify the more than $374 million it is considering investing in Kokomo and Tipton to make a new line of nine-speed transmissions.
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Chrysler plans 400 more jobs, $212M expansion in Kokomo

December 17, 2012
Dan Human
Chrysler Group LLC on Monday night said it was planning to spend as much $212 million on another expansion in Kokomo that could add more than 400 jobs.
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Chrysler plans $162 million plant, 850 jobs in Tipton

December 17, 2012
Dan Human
Tipton officials approved a 10-year tax abatement worth $2.5 million to help the company launch production in a nearly 800,000-square-foot plant at U.S. 31 and State Road 28, about 25 miles north of Carmel.
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Chrysler seeks tax incentives on Kokomo plant

December 14, 2012
Associated Press
Chrysler Group LLC is seeking tax incentives for its transmission plant in Kokomo at the same time it's asking Tipton County officials for similar incentives on a vacant plant.
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UPDATE: Chrysler may find use for vacant Tipton plant

December 11, 2012
 IBJ Staff and Associated Press
The automaker has requested incentives to launch production in a nearly 800,000-square-foot plant that's been vacant since being built four years ago.
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Chrysler drives off with $2.5M refund from Duke Energy

October 5, 2012
Chris O'Malley
The automaker had claimed in a complaint to the state that Duke acted in "draconian" fashion by holding onto the seven-figure deposit for service at its Kokomo plant since 2009.
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Chrysler seeks $2.5M utility deposit from Duke Energy Indiana

July 13, 2012
Chris O'Malley
The automaker is asking the Indiana Utility Regulatory Commission to look into its dispute with Duke Energy—and order the utility to return a deposit it required to keep the power on at Chrysler's Kokomo plants.
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Carmakers report strong June sales after May slowdown

July 3, 2012
Associated Press
From mini cars to monster pickups, sales of vehicles charged higher in June and eased concerns that Americans would be turned off by slower hiring and other scary headlines.
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Auto town Kokomo on the mend, but bailout still divides

February 26, 2012
Associated Press
The U.S. auto industry and Kokomo have staged an amazing comeback. But the resurrection of U.S. automakers has done little to resolve a deep political divide over the bailout.
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Kokomo upshifting with Chrysler investmentRestricted Content

December 3, 2011
Kathleen McLaughlin
City north of Indianapolis feels the power of $1.3 billion upgrade of equipment in automaker's transmission plants.
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Black Friday boosts car sales to best rate since ‘Clunkers’

November 30, 2011
Bloomberg News
U.S. consumers, who set records for retail purchases during Thanksgiving weekend, helped boost U.S. auto sales in November to what is likely to be their fastest pace in more than two years.
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Chrysler workers in Indiana approve contract

October 19, 2011
Associated Press
Workers at Chrysler's largest United Auto Workers local, Local 685 in Kokomo, have voted in favor of a new four-year contract.
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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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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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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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Auto plant's 300 jobs draw 3,000 applicants

July 21, 2010
Associated Press
The response to openings at a Chrysler transmission plant in Kokomo reflects the large number of people out of work, a union official said.
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Chrysler plans to spend $300M retooling Kokomo plants

May 11, 2010
Investment in transmission and casting plants, however, hinges on city's ability to offer tax abatement.
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Chrysler's old assets in bankruptcy can be liquidated, court rules

April 20, 2010
Bloomberg News
Investors who had challenged the bankruptcy sale, including the Indiana State Police Pension Trust, had argued that Treasury Secretary Timothy Geithner violated the Constitution by using TARP money to finance the sale, and had their arguments overruled in the appeals court.
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  2. What became of this project? Anyone know?

  3. Scott, could you post an enlarged photo of the exterior of the building? This will be a great addition to Walnut Street. This area will only continue to develop with additions like this. Also, please give us more updates on the "Cultural Trail light" expansion. Also a great move for the city, as long as there is maintenance money set aside.

  4. Great story IBJ! Citizens don't have a real sense of the financial magnitude of supporting Indy's sports and tourism sector. The CIB was a brilliant idea for creating a highly integrated public-private partnership to support this sector from the economic activity it generates. Unfortunately, most folks think the benefits of that economic activity accrue directly to the City budget, and it doesn't. So though the CIB is facing lean times (covering its costs while maintaining minimally acceptable reserves), the City is operating with deficit - less tax revenue than expenses each year - with a very fragile reserve balance. That's why it's so challenging for the City to fund basic needs or new intitatives (e.g. pre-k education; new jail), and some credit rating agencies have downgraded Indy from it's past stellar AAA status. More reporting on City finances would be welcomed.

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