Northern Indiana RV maker to add up to 250 jobs
The company plans to invest $3.9 million to buy land and construct a 93,000-square-foot facility adjacent to its existing 45-acre campus in the town of Topeka.
Auto Industry
Articles
GM to idle Fort Wayne plant for nine weeks
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.
Honda reworking Civic in plan to boost sales
Honda Motor Co. is sprucing up its Indiana-made Civic sedan, which received poor ratings, after less than a year on the market as part of a plan to boost U.S. sales by 24 percent in 2012 for its namesake brand.
Honda has high hopes for new Acura model made in Indiana
Honda Motor Co., seeking to revive its Acura luxury brand, is introducing a sedan intended for younger buyers unable to afford higher-end autos.
Kokomo upshifting with Chrysler investment
City north of Indianapolis feels the power of $1.3 billion upgrade of equipment in automaker’s transmission plants.
Black Friday boosts car sales to best rate since ‘Clunkers’
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.
RV industry on slow road to recovery in 2011
The recession-dented RV industry pointed Tuesday to modest gains atop last year's turnaround performance as another sign that the sector is on a slow road to recovery.
Honda’s U.S. plants to resume normal output
Honda 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.
Struggling Ener1 receives $4.5M from investor
The parent of Indianapolis-based advanced-battery maker EnerDel received the financing to continue operating while the company evaluates its options to reorganize debt.
Allison Transmission still chasing initial public offering
Allison Transmission Inc. hasn’t given up on going public, despite nearly eight months passing since its initial filing with the Securities and Exchange Commission.
NASCAR deal comes at good time for C&R Racing
The company will lose $2 million next year in IndyCar-related business, but company founder Chris Paulsen has no fear.
Honda to cut U.S., Canada production by half
Parts shortages from three months of catastrophic flooding in Thailand have forced Honda to cut U.S. and Canadian factory production by 50 percent for the second time this year. Honda, which employs 2,000 in Greensburg, said it will not lay off any workers.
Bright Automotive signs AM General to build hybrid vans
The northern Indiana factory where AM General once made H2 Hummers could be building plug-in, hybrid cargo vans under a deal with Anderson-based Bright Automotive announced Friday.
Confident automakers adding factory workers
Plants 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.
NASDAQ set to remove EnerDel parent from exchange
New York-based Ener1 said in a filing Tuesday with the Securities and Exchange Commission that it would be suspended from the NASDAQ exchange starting Thursday due to non-compliance with filing requirements.
Cummins Inc. profit soars on huge growth in sales
Cummins Inc. reported a 60-percent increase in third-quarter profit as revenue soared 36 percent over the same quarter a year ago.
Honda undeterred by tepid Civic sales, reviews
Through September of this year, Civic sales were 167,384, down 15.5 percent from the 198,272 sold by the same point last year.
Chrysler workers in Indiana approve contract
Workers at Chrysler's largest United Auto Workers local, Local 685 in Kokomo, have voted in favor of a new four-year contract.
EnerDel parent facing shareholder legal battle
At least three lawsuits accuse Ener1, the parent of Indianapolis-based advanced-battery maker EnerDel, of misleading investors about its financial condition.
Chrysler, UAW agree on new contract
The new four-year contract, which still must be ratified by workers, would create 2,100 jobs. Chrysler also agreed to invest $4.5 billion in its plants under the deal. Last year, the automaker announced plans to spend nearly $1.3 billion to update its facilities in Kokomo.