GM

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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GM ignition-defect recall delay investigated by Indiana

June 11, 2014
Bloomberg News
General Motors Co.’s delayed decision to recall almost 2.6 million cars for ignition-switch defects is being investigated by Indiana Attorney General Greg Zoeller, a spokeswoman for his office 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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Government fines GM maximum $35M in safety case

May 16, 2014
Associated Press
It's the maximum penalty that the government can impose and the first time an automaker has been fined that much. But the amount is less than a day's revenue for the automaker.
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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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Toyota, GM recalls push U.S. to near-record pace

April 10, 2014
Associated Press
So far this year, automakers have recalled about 9 million vehicles in the U.S. If that pace continues, the nation would break the record of 30.8 million recalled vehicles set in 2004.
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GM to invest $1.3 billion in five factories

December 16, 2013
Associated Press
An Indiana plant will get $29.2 million to make parts for 10-speed transmissions and for six-speed transmission components. The Bedford facility has about 600 workers.
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Government sells remaining stake in General Motors

December 10, 2013
Associated Press
The U.S. government ended up losing $10.5 billion on the General Motors bailout, but it says the alternative would have been far worse.
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Book captures Madison County's automotive history

November 22, 2013
Associated Press
When America was making the transition from horse and buggies to the horseless carriage at the start of the 20th century, the city of Anderson was a part of the innovation that changed how the nation would travel forever.
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GM to invest $332M in factories, including Indiana plant

April 4, 2013
Associated Press
In Indiana, GM plans to spend $29.4 million for a metal castings plant in Bedford to make parts for small engines and for the new eight-speed and existing six-speed automatic transmissions.
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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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GM moving 80 jobs from Castleton to Michigan

January 30, 2013
Associated Press
General Motors on Wednesday said it plans to move 80 jobs from Indianapolis to Pontiac, Mich., as part of a plan to expand its engine and transmission development headquarters.
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Auto makers, including those in Indiana, enjoy big year

January 3, 2013
 IBJ Staff and Associated Press
Strong U.S. sales in December capped a remarkable year for the auto industry. U.S. sales of models manufactured in Indiana in 2012 by General Motors, Toyota, Honda and Subaru outpaced the national rate, rising 17 percent.
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GM to buy back 200M shares as part of government exit

December 19, 2012
Associated Press
The Treasury plans to sell its remaining stake in General Motors over the next 15 months, allowing the automaker to shed the stigma of being partly owned by the U.S. government.
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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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Anderson's former GM plants getting second look

June 26, 2012
Associated Press
Anderson officials said they are excited that companies have been showing interest in some of the industrial or commercial properties left by General Motors that need or are undergoing environmental cleanups.
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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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GM to idle Fort Wayne plant for nine weeks

December 24, 2011
Bloomberg News
General Motors Co., preparing to introduce new pickups in 2013, has scheduled 21 weeks without production at three U.S. full-size truck plants next year to update the factories for building the new models.
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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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UAW says deal with GM creates or keeps 6,400 jobs

September 20, 2011
Associated Press
A new four-year contract deal between the United Auto Workers and General Motors Co. will add or keep 6,400 jobs in the U.S. with a $2.5 billion investment, the union said Tuesday. In Fort Wayne, 150 jobs would be created or retained.
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Anderson's GM culture, poor health blamed for high medical costsRestricted Content

September 10, 2011
J.K. Wall
Residents of the Anderson area—when they paid with health insurance provided by an employer—spent 76 percent more on health care in 2009 than the average American with employer health insurance, highest among all metropolitan areas in the nation.
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Experts say options abound for former GM stamping plantRestricted Content

August 27, 2011
Cory Schouten
The 2-million-square-foot GM Indianapolis Metal Center, closed this year, sprawls over more than 100 acres on the west bank of the White River and enjoys some of the best views of the downtown skyline.
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Sustainability, more new jobs key to GM siteRestricted Content

August 27, 2011
Kevin Parsons / Special to IBJ
Why not look at the entire neighborhood instead of just this old site?
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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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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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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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