January 21, 2012
IBJ StaffIndustry Week will honor the Indiana factory and others from across the country at an April conference in Indianapolis.
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January 18, 2012
Associated PressWorkers at a Toyota Motor Corp. plant in southwestern Indiana are celebrating the plant's production of its 3 millionth
vehicle.
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November 30, 2011
Bloomberg NewsU.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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November 28, 2011
Bloomberg NewsHonda Motor Co. said six plants in the U.S. and Canada will reach normal production levels on Dec. 1 after having to adjust
output this month because of floods in Thailand.
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October 28, 2011
Bloomberg NewsPlants in Indiana and other states are slowly expanding as car companies foresee improved sales due to pent-up demand, population
growth and an aging vehicle fleet.
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May 27, 2011
Associated PressHonda'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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May 2, 2011
Associated PressHonda 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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April 19, 2011
Associated PressToyota 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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April 8, 2011
IBJ Staff and Associated PressToyota 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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March 27, 2011
Associated PressIn 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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March 15, 2011
Associated PressTwo 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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January 22, 2011
Kathleen McLaughlinIndiana could be on the front line in the United Auto Workers’ campaign to unionize foreign-owned plants.
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June 22, 2010
Associated PressThe hiring follows Toyota's announcement this month that it would move some of its Highlander SUV production from Japan to
the Princeton plant.
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June 1, 2010
IBJ Staff and Bloomberg NewsToyota began manufacturing the Highlander SUVs in November 2000 and has been making between 1,000 to 9,000 gasoline vehicles
a month. In April, it produced about 1,900 units.
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May 4, 2010
Japanese automaker has boosted employment by 200 since August to meet demand for its Outback and Legacy models.
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February 11, 2010
Bloomberg NewsFacing intense scrutiny from the federal government, Toyota is trying a salt-of-the-earth offensive, paying for a group of
its U.S. employees to talk with lawmakers. At least one is from Toyota's plant in Princeton, Ind.
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February 10, 2010
IBJ Staff and Associated PressIndiana Gov. Mitch Daniels and three other governors of states with Toyota plants are calling on Congress to be fair to the
automaker in hearings concerning safety recalls.
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January 29, 2010
Chris O'MalleyRecalled Toyotas have been yanked from used-vehicle auction blocks, but resale values should be protected if Toyota handles
the
recall with "transparency," according to a local analyst.
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January 27, 2010
Associated PressNo immediate layoffs are planned at the two Indiana factories that build Toyota models included in the company's production
halt as it looks to fix sticking gas pedals.
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January 27, 2010
IBJ Staff and Associated PressToyota is halting production at six North American car-assembly plants—including Indiana facilities in Princeton and
Lafayette—beginning the week of Feb. 1 to fix gas pedals that could stick and cause acceleration without warning.
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March 19, 2007
Peter SchnitzlerIndiana's automotive manufacturing employment for the last decade peaked at 142,000 in 1999. Since then, the sector has shed
20,300 jobs-a staggering one-seventh of its total. Another 5,220 are slated to be cut soon. And there's no end in sight.
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Great article Anthony. Glad IMS is finally being run like a business and not a personal check book to finance the "Vision".
Things are looking up but 15 years of scorched earth won't be fixed overnight. Unfortunately the TV ratings are still poor and that won't change anytime soon with the brilliant 10 year contract signed under the former regime.
Brett not sure why you wonder what he said in his quote. "''I would like to jump in a time machine, go back to 1995, and tell the owners and Tony George not to split,'' Franchitti said. ''As soon as my time machine is done, I know where I'm going.''"
Pretty clear, he would love to go back and tell TG and the team owners not to split.
I am not sure there is anyone who wanted the split, and I don't think there is anyone who would not like to go back and prevent the split. But, as has been discussed ad nauseum, without the split carts management by team owners would have run all of ow racing into bankruptcy. If cart had such a wonderful product, then losing IMS would not have forced it into bankruptcy. If NASCAR lost Daytona or Charlotte, it would not fail like cart did.
Truth,
So you predicted that cart would go into bankruptcy and cease to exist while Indycar would continue on? I missed that prediction.
I want to live in a city that has a garage structure to be proud of for it's innovating design!
Well written Anthony. I think the toughest thing for the Hulmans and true of any family company is that reality was getting more complex than could be handled by the family. Almost any family owned business must realize that or die. Tough decisions, but ones that had to be made.
I don't like the wall signage, but in this era of sports marketing it is almost required. Many folks cringed at advertising at Assembly Hall and Hinkle fieldhouse, but times and finances change.
Thanks also for reminding us the other blue chip sponsors IMS has picked up.
Not to mention how it would improve the view from the offices of the AUL building. Do you remember when Circle Center had a contest for the best roof design after the mall was completed? Great opportunity here...