City hosting U.S.-China vehicle summit
Event will bring together a delegation of Chinese automakers and Indiana manufacturers to explore business opportunities relating
to hybrid and electric vehicles.
Auto Industry
Articles
Mitsubishi planning Franklin expansion
A Franklin manufacturing facility is planning a $9.4 million expansion project that would more than double employment over
the next two years.
Old General Motors sites could receive $800M for clean up
The proposed sites include the Indianapolis Stamping plant on the west side and the former GM Delco Plant 5 in Kokomo.
Chrysler plans to spend $300M retooling Kokomo plants
Investment in transmission and casting plants, however, hinges on city’s ability to offer tax abatement.
Subaru adding production at Lafayette plant
Japanese automaker has boosted employment by 200 since August to meet demand for its Outback and Legacy models.
Sale of GM plant could come as soon as June
UAW official says General Motors and prospective buyer are working on a “real aggressive” schedule to have the acquisition
completed by the end of June.
UPDATE: GM fuel-efficiency push means jobs in Bedford
General Motors plans to invest $111 million and add 245 new jobs at a plant in Bedford as part of a larger effort to make
its fleet more fuel-efficient.
Chrysler’s old assets in bankruptcy can be liquidated, court rules
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.
Carbon Motors’ prototype cop car is crammed with technology
The specialized vehicle can read license plates, sniff for weapons of mass destruction and see people and animals in
the dark.
Delphi seeks $50M tax abatement for new vehicle program
The five-year tax break could help bring a new research-and-development program for electric vehicles to Kokomo, creating
118 jobs and saving 72.
$15M loan brings EnerDel closer to launching production
The locally based battery maker serves as collateral on the financing lined up by its New York-based parent, Ener1.
Hundreds show interest in jobs at police car maker
Company executives told those at Monday’s information sessions that many jobs will require an associate’s degree in engineering
and computer literacy to operate assembly-line machines.
Impact Racing reaches agreement over safety labels
Bill Simpson’s Impact Racing LLC reached an agreement Thursday with an industry-certification group that will allow the company
to continue selling race car safety gear made this year and last.
BMW, Carbon Motors ink $1.35B supply contract
BMW has won a contract from Indiana-based Carbon Motors Corp. worth more than $1.35 billion to supply engines for U.S. police
cars.
Trailer company buying closed northern Indiana factory
Executives of Novae Corp. announced plans for the company’s expansion in North Manchester, where it expects to employ perhaps
85 people by 2013.
Visteon judge won’t halt benefits termination
An attorney for a union representing some 2,100 people who worked at two Visteon plants in Indiana argued Tuesday that many
are facing hardship, and that the order should be stayed pending an appeal to a federal district court judge.
GM to reinstate 600 dealerships slated to be cut
GM executives said Friday that about 600 dealerships out of the 1,100 seeking to stay with GM will receive letters giving
them the option to remain with the automaker.
RV company reopening northern Indiana factory
Middlebury-based Jayco Inc. said Wednesday that it expected to resume production in May at its Topeka factory and hire 50
workers there this year.
Cummins to lay off nearly 200 workers in Columbus
The Columbus-based company said Tuesday that the 194 layoffs will take place after Friday, cutting the plant’s employment
to about 400 and paring its two shifts to one.
Ford supplier Lear to add 200-plus jobs in Hammond
Michigan-based auto components maker Lear Operations Corp. plans to invest more than $2.2 million to expand and upgrade its
manufacturing facility in Hammond, adding more than 285 jobs this year.