In total, the previously announced plant transformation represents an investment of $1.3 billion and will create 550 jobs, the company said Friday. Toyota overhauled the plant so it could begin producing the 2020 Highlander.
Self-driving vehicle maker moving headquarters to Fishers, hiring 160
As part of the move, the company and the city are considering an agreement that will set up a short-distance transportation system using self-driving vehicles in Fishers.Read More
UPDATE: Auto workers strike against GM in contract dispute
More than 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early Monday as contract talks with the company deteriorated into a strike.Read More
The workers got a path to full-time status in contract negotiations between the United Auto Workers union and the company.
Takata is recalling 10 million more front air bag inflators sold to 14 different automakers because they can explode with too much force and hurl shrapnel.
The deal creates the world’s fourth-largest automaker, a goliath with the scale to confront the challenges of stricter emissions regulations and the transition to new driving technologies.
Ford needs to make the investment in new products in an effort to increase market share and prepare for a shift to new propulsion and autonomous vehicle technologies.
Bankrupt supplier Takata faces a Dec. 31 deadline to show the U.S. National Highway Traffic Safety Administration that as many as 100 million inflators containing a chemical drying agent will be safe long-term.
The United Auto Workers and Fiat Chrysler reached a tentative agreement Saturday on a new four-year contract that includes a total of $9 billion in investments but still needs final approval from workers.
General Motors is alleging that its crosstown rival got an unfair business advantage by bribing officials of the United Auto Workers union.
With General Motors and Ford out of the way, the United Auto Workers union wants a similar deal from Fiat Chrysler, which has a workforce of 8,156 in Indiana at four plants in Kokomo and one plant in Tipton.
The four-year agreement gives workers a mix of pay raises and lump-sum payments as well as a $9,000 ratification bonus.
The lawsuit, filed in the U.S. Court of Appeals for the District of Columbia Circuit, marks the latest round in an escalating fight between the White House and California officials over how quickly the nation’s auto fleet must increase its fuel-efficiency.
Next week, Ford will show off an electric SUV that is inspired by the Mustang performance car. It’s the company’s first consumer-friendly fully electric vehicle, and it’s expected to have a range of over 300 miles per charge.
A merger would create the fourth-largest automaker, with a combined market value of around $50 billion, and the potential for big savings in Europe.
The deal, which includes modest improvements in pay for new employees and promises that the company will bring full-time temporary workers on permanently, passed this week after being voted on by GM’s 47,000 workers.
Some production workers could return to work as early as Friday night or Saturday morning, ending a walkout that was big enough to help push down September U.S. durable goods orders by 1.1%, the largest drop in four months.
Senate Minority Leader Chuck Schumer rebate proposal late Thursday joins a mix of trillion- and multi-trillion-dollar programs that Democratic presidential candidates have outlined to urgently cut oil, gas and coal emissions.
Cars will soon start rolling off General Motors’ factory floors after a month-long shutdown, but the pain from millions of dollars in lost business will linger for some of the automaker’s key suppliers.
The appearance of two key executives is a strong sign that bargainers are closing in on a contract agreement that would end the strike, which began on Sept. 16.
The strike has passed the point where GM can make up lost production, according to auto industry analysts.
General Motors offered striking union members wage increases or lump-sum payments in all four years of a proposed contract, as the walkout continued in its third week. But union bargainers rejected the offer, according to a person briefed on the negotiations.